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FPaII monaco Award

#Energyboatchallenge

foundation prince albert ii de monaco award

The Monaco Energy Boat Challenge, in partnership with the Prince Albert II of Monaco Foundation, is proud to introduce the “Prince Albert II of Monaco Foundation Sustainable Yachting Technology Award“. This award is dedicated to recognizing and supporting outstanding initiatives by universities and research institutes presented during the Monaco Energy Boat Challenge. The winning organisation will receive a grant of 25,000 euros to further develop and implement their solutions.

AWARD APPLICATION PROCESS

15th November 2024 : MEBC - FPAII Award application opening
10th May 2025: Award Application Closure
2nd June 2025: Nominees Announcement
3-5th July 2025: Finalist presentations in Monaco
5th July 2025: Award Winner Announcement at the MEBC Closing Ceremony

APPLICATION RULES

The Award is open to ALL universities/research institutions.
The project must be developed at a university or research institution.
The project should aim to make a significant impact on the future of yachting.
The project must focus on either reducing emissions and environmental impact or enhancing energy efficiency within the yachting sector.
The project must have a minimum maturity of Technology Readiness Level 5 (Reduced Scale Prototype) as defined in the registration form.

grant conditions

The winner agrees to undertake the following responsibilities:
Provide biannual updates to the FPAII and MEBC Organisers on the project’s progress and the allocation of awarded funds, commencing from the date of the grant attribution and continuing for a period of three years.
Use the awarded funds exclusively for the approved project as designated by the Jury.
Present an update on the project’s technological advancements at the 2026 Monaco Energy Boat Challenge.