The Urban Future Lab is pleased to announce, for the seventh year, the Urban Future Prize Competition, which seeks to find the brightest climatetech startups and, through the generous support of The New York Community Trust, MUFG Union Bank, and NYSERDA, award two winners with $50,000 cash prizes. These awardees will also receive admission into the ACRE Incubator, New York’s longest-running and most successful climatetech program.

We believe New York is the “climate finance capital of the world”, so this year we are thrilled to announce a new prize track, the Climate Finance Prize. We encourage startups focused on solving climate change through finance, fintech, and insurance to apply to this track. All other climatetech startups can still apply for the Future Vision Prize.

New York’s forward-thinking state and city governments, thriving tech sector, and massive market make it one of the top startup climatetech economies in the world. The city has become the ideal laboratory for creating sustainable solutions to the world’s most pressing climate challenges.