Awarded each spring, the Sabin Prize supports innovative student and faculty ideas for a for-profit business that advances a more sustainable way of life. Past winners include an online social platform to expand the adoption of solar power and a software package for improving forest inventory data.
The competition provides participants with constructive feedback from experienced judges, opportunities to collaborate with faculty experts, and dedicated time to discuss ideas and strategy with top venture capitalists and leading industry professionals. Sabin winners also receive cash prizes totaling $25,000.
The program was created in 2008 with the generous support of the Andrew Sabin Family Foundation. It is managed by the Yale Center for Business and the Environment and seeks to:
- Stimulate applications of entrepreneurship and innovation to address issues of sustainability;
- Promote multi-disciplinary approaches to environmental/social problem solving;
- Generate ideas that are scalable, achievable, quantifiable, and financeable; and
- Educate about how entrepreneurs turn a concept into a successful reality.
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