- Grant Amount – ¥5,000,000
- Deadline – July 25, 2025
- CLICK HERE TO APPLY
The ¥5,000,000 Green Future Innovation Challenge (GFIC), co-organized by Vertex Ventures China and Temasek Foundation, is a climate tech competition that seeks innovative technological solutions from across the globe to address key sustainability challenges.
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Themes
- Energy:
- Renewable energy: Transitioning to renewable energy sources
- Grid modernization: Upgrading the power grid to accommodate more renewable energy and ensure grid stability is essential
- Energy storage: Developing and implementing efficient energy storage solutions to address the intermittent nature of renewable energy sources like solar and wind
- Battery recycling: Improving efficiency and cost-effectiveness of technologies for recycling batteries, especially those from electric vehicles
- Industrial Decarbonization:
- Carbon capture, utilisation and storage (CCUS): Developing and deploying CCUS technologies to capture and store carbon emissions from industrial processes
- Energy efficiency: Improving energy efficiency across various industries to reduce overall energy consumption
- Electrification: Promoting the electrification of industrial processes to reduce reliance on fossil fuels
- Sustainable Agriculture:
- Sustainable food: Reducing greenhouse gas emissions from food production, and addressing the challenges that climate change poses to food systems
- Sustainable agriculture: Improving agricultural processes to reduce greenhouse gas emissions and improve yields
- Pollution Reduction:
- Air Pollution: Prevention or reduction of air pollutants e.g. particulate matter, sulphur oxides, nitrous oxides, carbon monoxide, ozone, volatile organic compounds
- Water Pollution: Prevention or reduction of water pollutants e.g. heavy metals, organic pollutants
Prizes & Benefits
- Prize amount: ¥ 5,000,000
- Supporting Market Outreach & Tech Rollout
- Global Exposure
- Connections to Top-Tier Investors
Eligibility:
- Any company, group or individual, from any geography or background, with a suitable proprietary innovation and interest to conduct a proof-of-value pilot project in China, can apply, as long as:
- The solution has reached Technology Readiness Level 6-9, and does not infringe other parties’ intellectual prop-erty rights
- The project complies with the relevant provisions of China’s current laws, regulations, industrial policies or plans
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