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Special Presidential Initiative: Green Innovation Fellowships
For 2015-19, YEI will offer at least two new Green Innovation Fellowships annually for promising student, faculty and staff ventures in the field of sustainability. Selected concurrently with other promising new ventures for the YEI summer acceleration process, these Fellowships will provide $15,000 in funding and offer 3-5 dedicated mentors from relevant business fields. These Ventures will also be eligible to apply to up to $100,000 in follow-on funding through the YEI Innovation Fund.
In order to be eligible for consideration, applicant teams must meet the ordinary criteria of YEI's Operating Board (namely, a scaleable venture concept, with a plausible business approach, run by a capable founding team) and be focussed on products or services in one of the following disciplines:
1. "Cradle to cradle" design
Ending the "cradle to grave" cycle of manufactured products, by creating products that can be fully reclaimed or reused.
2. Source reduction
The reduction of waste and pollution by changing patterns of production and consumption.
3. Alternative chemistries
The creation, distribution and marketing of alternative fuels, power sources and process chemistries, as well as business practices that hasten their adoption.
The creation and distribution of a healthier food supply.
The overarching goal of these fellowships is to help meet the needs of society in ways that can continue indefinitely into the future without damaging or depleting natural resources. Other topics may be considered that address this goal.