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Sabin Prize

Sabin Sustainable Venture Prize

What is it?

The Sabin Prize supports student and faculty efforts to start a sustainable for-profit business through cash prizes totaling $25,000. This venture prize competition also provides quality feedback from professional judges, extensive mentoring from faculty, and opportunities for participants to meet and pitch their ideas to top venture capitalists and leading industry professionals.

The Sabin Sustainable Venture Prize (the “Sabin Prize”) is an initiative created with the generous support of the Andrew Sabin Family Foundation and managed by the Yale Center for Business and the Environment (“the Center”). It will be awarded to the best Yale student and/or faculty ideas for a product, service, project or program that advances a more sustainable way of life.

The Sabin Prize seeks to:

  1. Stimulate applications of entrepreneurship and innovation to address issues of sustainability;
  2. Promote multi-disciplinary approaches to environmental/social problem solving;
  3. Generate ideas that are scalable, achievable, quantifiable, and financeable; and
  4. Educate about how entrepreneurs turn a concept into a successful reality.

When is It?

The following are key deadlines for those interested in competing for the Sabin Prize:

Sabin Prize Deadlines

Date

Round #1 - Letter of Interest (LOI) - Due for those interested in competing for the Sabin Prize and eligibility is determined. We strongly encourage teams to submit an LOI to determine eligibility. Entrants that submit an LOI by January 31, 2013 will be paired with a mentor for guidance prior to Round #2.

LOI accepted until March 24,2014 at 5:00pm

Mentorship deadline: January 31, 2014 5:00 pm

Round #2 - Applications - Due for the prize by the student and/or faculty team to be evaluated by a panel of judges that are professional investors to determine the finalists. Contestants are still eligible to submit Round 2 applications even if they did not submit a Letter of Interest prior to the deadline.

 

March 26, 2014 5:00 pm

 

 

Round #3 - Finalist Presentations - Delivered to a panel of judges and a public audience on the venture to determine a final winner.

April 16, 9am-2pm

 

Winning Announcement of the Sabin Prize and runner-ups will take place at a special award ceremony in honor of the finalists and prize winner.

April 16, 2pm

                 

 

Sabin Prize Contestant Workshops

The following are key dates of workshops centered on key aspects of starting a venture. All workshops will be two hours long and conducted by Yale School of Management Professor, Maureen Burke. All dates are tentative and will be confirmed shortly.

Workshops

Date

Location

Sustainable Business Model Innovation

October 16, 2013 6-8 p.m.

Watson Center, Room A30

Lean Start-Up

November 15, 2013 12-6 p.m.

 School of Public Health

Market Research

Click here to download a list of research resources

Click here to download workshop ppt

January 24, 2014 @ noon

Evans Hall, Rm 2220, 165 Whitney Avenue

Intro to Accounting and Financial Modeling

Click here to download workshop ppt

Introduction to Financial Statements:Overview of Income Statements, Cash Flows and Tax vs. Financial Accounting

Introduction to Financial Statements: Overview of Accounting, Balance Sheets and Valuation

Doing Financial Projections

Financial Plan Excel Model

Bulat Excel Model

The Good Fish Model

January 31, 2014 @ noon

Evans Hall, Rm 4400, 165 Whitney Avenue

Business Writing and Presentations

February 21st @ noon

 Evans Hall, Rm 4410, 165 Whitney Avenue

 

Speaker Series

The Andrew Sabin Family Foundation also provided support for a speaker series (“Sabin Prize Series”) on environmental ventures, entrepreneurship and finance. This speaker series is intended to provide students and faculty with an opportunity to learn from real world entrepreneurs who are advancing more environmentally sustainable ways of living.

The following are scheduled talks by companies and organizations in the Sabin Prize Series: 

Company/Speaker(s)

Date

Transportation in America: Environmental and Mobility Trends w/ Marc Klein (Clean Energy Fuels Corp), Mark Joseph (Veolia Transportation), and Bill Scalzi (Metro Taxi)

September 16th, 2013 @ 11:45am

CleanTech in Connecticut

February 7th, 2014 @4 pm

Innovation/Sustainable Entrepreneurship in the Food System (Evan Hall, Room 2200)

 

Tuesday, February 25th @ 11:45-12:45pm

Last year's scheduled talks by companies and organizations in the Sabin Prize Series included:

 

Company/Speaker(s)

Date

Good Derivatives: Innovation in Environmental Finance w/Dr. Richard Sandor

September 10th, 2012

Scaling Up Innovation – Andrew Shapiro, Founder and Partner, Broadscale Group

February 13th, 2013

An Entrepreneur’s Journey in Cleantech with Paul Sellew

February 19th, 2013 @ 11:45am

Panel Discussion on CT’s Innovation Ecosystem: Finding and connecting the best entrepreneurs in Connecticut

February 27th, 2013 @ 4:30pm

The Sabin Symposium on Environmental Marketing

April 12th, 2013 @ 8am to 4pm

 

There will be social activities following each of the presentations in the Sabin Prize Series.

For more information about the Sabin Prize or the Sabin Prize Speaker Series, please visit our website at www.yale.edu/cbey.

 

For More Information
For more information on the Sabin Prize, please access the following document:

Questions

For more information about the Sabin Prize, please visit www.yale.edu/cbey or contact Stuart DeCew at stuart.decew@yale.edu.

Other Competitions

To learn more about other competitions that you might enter your social or environmental venture in - click here.

Judges Portal

For judges only, to access the applications submitted to the Sabin Environmental Venture Prize - click here.