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Alberta Business Grants Ltd.

There is grant money waiting for YOU!

BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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XPRIZE Carbon Removal:

September 7, 2023

Value

$100M competition

Description

XPRIZE Carbon Removal is aimed at tackling the biggest threat facing humanity – fighting climate change and rebalancing Earth’s carbon cycle. Funded by Elon Musk and the Musk Foundation, this $100M competition is the largest incentive prize in history, an extraordinary milestone.‎

Eligible Applicants

Teams can be composed of university groups, high school students, startups and innovators, small to midsize companies, community-based organizations, families or individuals. Registering to create or join a team is one of the first steps you can take to help create a better future for all.

Eligible Expenses

The $100M prize purse will be distributed as follows:

After 1 year of competition the judges will review all submissions received by that time and award up to 15 Milestone Prizes of $1 million each. At the discretion of the judges, these awards may be granted on a conditional basis, subject to the team’s demonstrated commitment to continuing to develop and advance their solutions and to compete for the Grand Prize.

After 4 years, judges will select the winners:

  • $50 million paid to the single Grand Prize Winner
  • $30 million to be distributed among up to 3 runners up

XPRIZE will also award up to US$5M to student teams in the Fall of 2021. These awards may fund participation in the XPRIZE Carbon Removal or the development of key supportive technologies. For more information, please refer to the Competition Guidelines.

Deadline Date

Intent to Compete & Registration: September 7, 2023.

Contact

Contact Name: XPRIZE

Phone Number: 310-741-4880

Website: https://www.xprize.org/prizes/carbonremoval

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With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

Download Now! Five Grant Gotchas

There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.

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