At EIT InnoEnergy we believe in the power of innovation to transform Society. Governments can’t solve society’s biggest problems by their own. To come up with high quality game-changing ideas for a better world, we challenge our International Community of Master Students, Phd Candidates or graduates (+ 3000 people from around the world) to work the development of engineering and business cases with all types of organisations (companies, governments, international entities, etc).
The main objective is to engage our Community in innovation and create social impact for today’s energy sector. Innovative and disruptive ideas are sought in this activity to eventually develop them in the current energy sector – with the energy company’s support – and ultimately to have the ability to execute a commercialization strategy on a large scale. InnoEnergy Participants will have the opportunity to show their capacity to lead and manage innovation systems for the creation of new business models.
Types of Challenges
There are two types of Challenges:
1- In – Company Challenges
EIT InnoEnergy Master’s students work with industry representatives and start-ups on the development process of the Engineering and Business Cases in the project courses for one semester, between four and six months. In that sense, Master’s team projects from InnoEnergy Programmes are an opportunity for firms and non-profits organisations to engage a team of experienced professionals that have been selected by the Game Changing Impact Programme ®, which measures the entrepreneurial and innovative skills. For more information, watch this video or visit this website.
The projects are developed following the Case Method, first implemented by the most prestigious universities, Harvard University and ESADE Business School and the Project-Based Learning, pioneered by Aalborg University.
2- Massive Challenge
The main objective of this activity is to engage all types of organisations (companies, universities, foundations, International Organisations, governments, etc) in innovation. Therefore, this initiative aims to detect innovative and disruptive ideas to be developed in the current energy sector, and, the ability to execute a commercialization strategy on a large scale. In that sense, the EIT InnoEnergy Master students, Alumni, Phd Candidates (+ 3000 international people) will help you to manage innovation for the creation of new business model or generating a solution adapted to your needs.
By participating in the Energy Challenge, you will have access to:
Talent. Access to a pool of outstanding leaders of the future and potential employees from around the globe (+more than 90 nationalities), through the Innovation & Entrepreneurship Journey of the EIT InnoEnergy programmes.
Innovative ideas.Boost your business strategy towards success through disruptive technologies
Expert Advice.You benefit from expert (s) support on Business Models and Technological Solutions.Harvard Business School and ESADE Business School could give support to the development of the cases
Reinforced branding.Empower your organization’s corporate image and identity in terms of innovation, entrepreneurship and sustainability
InnoEnergy Ecosystem. Interaction with internationally-known InnoEnergy institutions that are pioneering activities that is at the forefront of finding new solutions to tomorrow’s engineering and business challenges
5 InnoEnergy Participants are on the Forbes List of of top young leaders, creative inventors and brash entrepreneurs
A success story
“[…] Iberdrola launched the “Iberdrola Energy Challenge”, a unique initiative addressed to students of InnoEnergy, based on three main topics related to the energy sector: Global Affordable Energy, New Digital Models in Energy and Social Economy for Affordable Energy. After reviewing all proposals from the different participants, we can say that every project fulfilled our expectations according to the Iberdrola strategy to boost Innovation […]”. Digital Summit Event, April 20th, 2016
Agustín Delgado, Innovation Director at Iberdrola