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Education

Sabin Prize

What is it?
The Sabin Prize supports student and faculty efforts to start an environmentally oriented for-profit business through cash prizes totaling $25,000. This environmental venture prize competition also provides quality feedback from professional judges, extensive mentoring from faculty, and opportunities for participants to meet and pitch their ideas to top venture capitalists and leading industry professionals.

The Sabin Environmental Venture Prize (the “Sabin Prize”) is an initiative created with the generous support of the Andrew Sabin Family Foundation and managed by the Yale Center for Business and the Environment (“the Center”).  It will be awarded to the best Yale student and/or faculty ideas for a product, service, project or program that advances a more environmentally sustainable way of life.

The Sabin Prize seeks to:

  1. Stimulate applications of entrepreneurship and innovation to environmental problems;
  2. Promote multi-disciplinary approaches to environmental problem solving;
  3. Generate ideas that are scalable, achievable, quantifiable, and financeable; and
  4. Educate about how entrepreneurs turn a concept into a successful reality.

When is It?
The following are key deadlines for those interested in competing for the Sabin Prize:

  • Round #1 – Letter of Interest (LOI) – Due for those interested in competing for the Sabin Prize and eligibility is determined January 15, 2010 5:00 pm;
  • Round #2 – Applications – Due for the prize by the student and/or faculty team to be evaluated by a panel of judges that are professional investors to determine the finalists. March 31, 2010 5:00 pm;
  • Round #3 – Finalist Presentations – Delivered to a panel of judges and a public audience on the venture to determine a final winner. Week of April 19 9:00 am; and
  • Winning Announcement of the Sabin Prize and runner-ups wll take place at a special award ceremony in honor of the finalists and prize winner. Week of April 19

Sabin Prize Contestant Workshops
The following are key dates of workshops centered on key aspects of starting a venture. All workshops will be two hours long and conducted by Yale School of Management Professor, Maureen Burke.

  • Market Research - January 22, 2010 1:00pm;
  • Introduction to Accounting and Financial Modeling - February 26, 1:00pm; and
  • Business Writing and Presentations March 26, 1:00pm.

Sabin Prize Speaker Series
The Andrew Sabin Family Foundation also provided support for a speaker series (“Sabin Prize Series”) on environmental ventures, entrepreneurship and finance.  This speaker series is intended to provide students and faculty with an opportunity to learn from real world entrepreneurs who are advancing more environmentally sustainable ways of living.

The following are scheduled talks by companies and organizations in the Sabin Prize Series:

There will be social activities following each of the presentations in the Sabin Prize Series.

For More Information
For more information on the Sabin Prize, please access the following documents:

Questions

For more information about the Sabin Prize, please visit www.yale.edu/cbey or contact Howard Chang (howard.chang@yale.edu), Jim Liu (jim.liu@yale.edu), or Matt Goldstein (matthew.goldstein@yale.edu)