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Applications will be accepted until Friday, Aug. 19 for the 2022 TechUnited Better Planet Challenge, a startup competition that will award $50,000 to a small business with the most innovative approach for decarbonization or fossil fuel alternatives.

The annual competition, now in its third year, is sponsored by PSEG, the state’s largest utility company, and TechUnited New Jersey, a nonprofit organization that represents over 500,000 innovators in the business and technology industry. In addition to the prize money, the winner will also benefit from executive mentorship and recognition as a tech leader.

To qualify for the BetterPlanet Challenge, applicants must be a U.S.-based startup that has raised under $1 million or generated less than $2 million in revenue. The clean energy solution should be able to be affordably implemented and can include software, hardware or a combination of the two. Preference will be given to New Jersey-based companies, solutions that create jobs in New Jersey, and solutions that are most impactful.

Startups working on solutions that provide innovative approaches to decarbonization or fossil fuel alternatives are encouraged to apply. The winner will be announced at the 2022 Propelify Innovation Festival that will take place Oct. 6 on the Hoboken waterfront. More details and the online application can be found here.

The Better Planet Challenge is one of three startup competitions whose winners will be recognized at the Propelify Innovation Festival.

The $25,000 TechUnited Better Wellness Challenge, powered by RWJBarnabas Health and Labcorp, seeks the startup with the most innovation solution to improving the “modern patient experience” in terms of patient intake and scheduling; medical records and patient education; hospital/healthcare system patient-facing processes; and triage and post-procedure care. More details about applying for that competition can be viewed here.

The $25,000 TechUnited Better Connected Newark Challenge, powered by Audible, is a startup competition aimed at helping main street businesses in Newark. The competition seeks a startup with the most innovative solution for using technology to increase retail traffic and customer lifetime value; provide main street businesses with digital access; and democratize access to capital and financial equity. More details can be found here.