For the ninth consecutive year, the Urban Future Lab is proud to present the Urban Future Prize Competition, which identifies and supports top climatetech startups. 

Thanks to the generous support of MUFG Bank, Mitsubishi Corporation (Americas), and NYU Tandon School of Engineering, two winners will each receive a $50,000 non-dilutive award and admission into ACRE — New York’s longest-running climatetech incubator.

Building on the record-breaking number of applications to the 2024 Urban Future Prize Competition and the growing urgency for solutions to help us adapt to our new climate reality, the Urban Future Lab is excited to announce two distinct prize tracks for this year: the Climate Mitigation Prize and the Climate Adaptation Prize. These tracks reflect our commitment to addressing the climate crisis through both reducing emissions and building resilience to its impacts.

• The Climate Mitigation Prize seeks startups developing technologies or business models to reduce greenhouse gas emissions and combat the root causes of climate change. 

• The Climate Adaptation Prize is for startups developing solutions that help communities and ecosystems adapt to the impacts of climate change.

Applications are open through April 28, 2025. Apply here: http://urbanfuturecompetition.com.