Climate Solutions Prize – Quebec

Climate Solutions Prize – Quebec

MONTREAL, QC , Jan. 30, 2023 /CNW Telbec/ – The Climate Solutions Prize announced today the first edition of the largest climate incentive prize in Quebec’s history.

From left to right: Benoit Charette, Minister of the Environment, the fight against climate change, wildlife and parks, Galith Levy, Chief Officer, and Jeff Hart, Executive Chairman, Climate Solutions Prize, with Patrick Gagné, CEO, Cycle Momentum, announced the first edition of the Climate Solutions Prize – Quebec, the largest climate incentive prize in Quebec’s history for non-profit organizations and Greentech startups. (CNW Group/Climate Solutions Prize)

The Climate Solutions Prize – Quebec consists of two tracks – the Breakthrough Research Prize for Nonprofit Organizations, and the Startups Prize – totaling more than $250,000.

Benoit Charette, Quebec’s Minister of the Environment, the Fight against Climate Change, Wildlife and Parks, says this ground-breaking initiative will support the development of Cleantech entrepreneurship and strengthen Quebec’s place on the world stage when it comes to the issues arising from climate change.

“The Quebec government is proud to support the Climate Solutions Prize – Québec seeking to draw from Quebec’s rich source of talent and innovation. By offering this opportunity, the Climate Solutions Prize helps to highlight the important role of Quebec ‘s burgeoning Greentech ecosystem when it comes to finding solutions to global challenges,” said Minister Charette.

“We are proud to spearhead this concept and are incredibly pleased with the strong support of our partners in government, industry and academia to make this a game-changing initiative,” said Jeff Hart, Executive Chairman of the Climate Solutions -price.

Other partners of The Climate Solutions Prize – Quebec and the Climate Solutions Festival – where winners will be announced on May 23-24, 2023 at the Grand Quay of the Port of Montreal – include JNF Canada, Cycle Momentum, StartUp Fest, 2 Degrés, and Esplanade.

Galith Levy, Chief Climate Solutions Prize Officer, added: “The world needs a variety of solutions to reverse climate change, and we believe Quebec can be a world leader in this area. The Climate Solutions Prize can help the development to accelerate Quebec-made solutions that have a global impact.”

The Climate Solutions Prize – Quebec is looking for groundbreaking solutions using innovation to tackle some of the most pressing global climate challenges that can be rapidly developed for practical use, including methods of:

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Reduction of greenhouse gas emissions;

Improving energy efficiency, renewable energy and energy storage;

The development of carbon capture capacity naturally or artificially.

The deadline for submissions has been extended to 20 February 2023.

Prize Purse #1: Breakthrough Research Track

The Climate Solutions Prize – Quebec Breakthrough Research Prize is a purse totaling $100,000 that will be awarded to two non-profit organizations, thanks to the support of JNF Canada.

Submissions will be assessed based on criteria including impact, innovation, development potential, cost-effectiveness and the quality of the project submission.

Teams from the following eligible organizations are invited to submit their projects:

Quebec research institutions;

Quebec universities;

Non-profit institutions in Quebec such as hospitals, local R&D centers and environmental organizations registered as charities;

Non-profit ‘incubators’ affiliated with one or more of the above organisations.

The first prize winner of the Breakthrough Research Prize will receive $60,000. The second prize winner will receive $40,000.

Prize purse #2: Leverage Quebec’s startup culture

Managed by Cycle Momentum, the $100,000 Climate Solutions Prize for Quebec-based Cleantech Startups is made possible thanks to the visionary support of partners and sponsors who believe that a better future requires creative innovation.

The consequences of climate change require bold new ideas. As a leader in the fight against climate change, the Climate Solutions Prize is grateful to business partners including the National Bank of Canada, Canderel and Davies Ward Phillips & Vineberg.

New challenges and the opportunity to compete for additional prizes will be announced soon.

Full details on eligibility, partners and sponsors, and how to enter can be found at

About the Climate Solutions Prize

In search of breakthrough solutions to solve the climate crisis, more than $2 million worth of prizes have been awarded internationally in 2022. This year’s Climate Solutions Prize – Quebec will award more than $250,000 in prizes and investments to Quebec innovators at the Climate Solutions Festival in Montreal in May 2023. More than just a prize, the organization aims to provide a platform where key players in the ecosystem are brought together to drive innovations with high impact potential.

About Cycle Momentum

Cycle Momentum is an accelerator and open innovation platform that brings together an international collective of entrepreneurs, investors and innovators. Its mission is to find innovative solutions to the major ecological challenges facing humanity. Founded by Cycle Capital, Cycle Momentum offers entrepreneurs training workshops, networking sessions and mentoring, and works with leading companies to drive technology acquisition and integration.

Climate Solutions Prize (CNW Group/Climate Solutions Prize)

SOURCE Climate Solutions Prize


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