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NextEra Energy Investments, LLC

2025 Seed Competition

2025 Seed Competition

Potential to receive up to $1 million in seed capital investment.


ENTER THE COMPETITION

About The Competition




NextEra Energy Investments, LLC (NEI), an indirect and wholly owned subsidiary of NextEra Energy, Inc., is holding its second Seed Competition. Startups have the potential to receive up to a $1 million seed capital investment, with investment documentation terms to be negotiated between the potential winners and NEI. The Seed Competition is designed to identify entrepreneurs who have innovative and emerging technologies within cybersecurity, data & AI and energy transition and who want to work with NextEra Energy and its subsidiaries to create a better tomorrow. Applications will be available Sept. 23, 2024, through Dec. 8, 2024.

Expenditure Icon

$1 million

Winners have the potential to receive up to a $1 million seed capital investment.

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8

Up to eight winners could be selected.

2024 Competition Statistics

Our 2024 Seed Competition brought together a diverse community of participants to tackle critical challenges and seize new opportunities. Explore the highlights and insights gained from our collective efforts, and see how these results pave the way for future advancements.

 

13

Finalists invited to present at
NextEra HQ

5

Companies selected for
investment

$3.5 MM

Invested
in selected companies

About NextEra Energy

Winners of the Seed Competition may be able to directly collaborate with NextEra Energy.

#1

World’s Most Admired Companies in the Gas & Utility Industry 16 out of 18 years (Fortune)

4th Year

One of America's Most Responsible Companies
(Newsweek)

$134 B

Infrastructure capital deployed since 2013
(year-end 2023)

About NextEra Energy Investments

 

Row of NextEra solar panels.

NEI seeks to drive innovation and growth through strategic investments in entrepreneurial, cutting-edge companies by:

  • Investing primarily in early-stage companies.
  • Creating synergistic growth opportunities through partnerships and collaboration with NextEra Energy, amongst our portfolio companies and across our extended business networks.
  • Paving the way to industry-leading success by leveraging NextEra Energy’s best-in-class operations and decades of experience.

More than just a financial investor, NEI is a strategic partner focused on the long-term success of our portfolio companies.

Competition Criteria

At minimum, applicants must meet the following requirements to be considered:  

  1. Pre-Series A
  2. Business plan with three-year forecasts
  3. Companies within the following categories: 
    • Cybersecurity
    • Data Analytics & AI
    • Energy Transition

View our terms and conditions.

NextEra Energy Resources solutions

Competition Timeline

September 23, 2024:

Application window opened at
9:00am ET

December 8, 2024:

Application deadline midnight ET

Early March 2025:

Finalists notified

Mid-April 2025:

Competition held

How To Get Involved

 

NextEra Energy wind turbine and solar energy construction employees walking in field.

Companies that are interested in participating in the Seed Competition must upload to the application site a completed application which includes, but is not limited to, a pitch deck, business plan and executive summary using the link provided, which will redirect you to the Application Site. NEI will review submissions for technical merit, market potential, strategic alignment with NextEra Energy, and readiness of the product and team. NEI reserves the right, in its sole discretion, to accept or reject any Application submitted for the Seed Competition.

NEI will review the Applications and select companies to present in the final stage of the competition in front of a panel of judges. The winning company or companies (as determined in NEI’s sole right and discretion) will be selected by the panel and notified by NEI.

How To Submit An Application

By submitting an application, you represent that all information provided as part of the Application is complete and accurate.  Limit one (1) Application per Applicant per Seed Competition unless otherwise stipulated.  All Applications become the property of NEI. Applications not received by the deadline stated on the Application Site will not be considered. Do not submit confidential information to NEI, as all information contained in the Application will be treated as non-confidential.

As part of the application process on the Application Site, you will create a password and account. You are responsible for maintaining the confidentiality of the password and account, and are fully responsible for all activities that occur under your account. You agree to (a) immediately notify NEI of any unauthorized use of your password or account or any other breach of security, and (b) ensure that you exit from your account at the end of each session. NextEra Group shall not be liable for any loss, damage, or other liability arising from your use of the site, failure to comply with this section, or from any unauthorized access to or use of your account.

Initial Application Review: Applications submitted for any Seed Competition may be transmitted to/from the United States and will be reviewed by NEI.  Applications will be reviewed for, among other things, eligibility and strategic fit.  

Selection: Finalists will be contacted by NEI with instructions for the final stage of the competition which will include finalists submitting to background checks and further due diligence.  Finalists will be required to execute and return certain documentation within a time period specified by NEI. If such documents are not returned by the deadline, such Finalist will be disqualified. From the Finalists selected, NEI will select Seed Competition “Winners”. Potential Winners must comply with all Terms and Conditions; winning is contingent upon verification of eligibility and compliance with all requirements herein.

The exact amount of seed capital will be provided to Winners at time of notification. An Award may not be assigned or transferred or redeemed for cash, however NEI reserves the right, at its sole discretion, to not select anyone or to terminate the Seed Competition without making an Award. Winners shall be responsible for payment of all applicable federal, state, and local taxes, if any, as well as any other costs and expenses associated with Award acceptance not specified herein or in the Seed Competition Announcement. Any Award is subject to the execution of mutually agreeable definitive agreements.

By accepting an Award, each Winner agrees to the use by NEI and its designees of such Winner’s name, company name, trademarks and logos, city and state of residence, images, and/or likenesses for advertising and publicity purposes, in any manner, in any and all media, now or hereafter known, worldwide in perpetuity, without compensation (unless prohibited by law) or additional consents and without prior notice, approval, or inspection, and to execute specific written consent to such use if asked to do so.

In addition, each Winner shall not, without the express prior written approval of NEI, issue any press release, advertisement or announcement (in whatever form) disclosing the Award, NEI’s investment or results of the Seed Competition, except and unless (1) for any press release, advertisement or announcement made subsequent to a news release or other announcement by NEI of the Award or otherwise disclosing the Winner’s identity in connection with an Award, and (2) such disclosure is based on the information included in such news release or other announcement by NEI.

ENTER THE COMPETITION

FAQs

What terms may I expect, should I receive an investment from NEI?

  • Winners of the Seed Competition have the potential to receive up to $1 million in Seed Capital through a venture capital investment with terms to be established at a later date.

How will my application be evaluated?

  • Your application will be evaluated by members of the investment team of NEI through a standardized scoring rubric.

What is the time commitment for this competition?

  • An engagement program will be customized for each winning company.

Where do I go if I have a question?

LET’S WORK TOGETHER

NextEra Energy Investments is committed to the future of your business. Let’s partner together to achieve your accelerated growth and impact, together! 

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