We are delighted to congratulate Siddharth Pannir, one of the Northeastern Lab for Inclusive Entrepreneurship’s 2022 cohort of Fellows, for winning the 2023 Cade Prize in the energy category. Siddharth and his GenH team were recognized for their innovative Adaptive Hydro system. Adaptive Hydro is a way to electrify non-powered dam – existing dams that do not generate any power – across the United States.
The Cade Prize began as a Florida-based competition. In 2023, the prize expanded to a national reach, and invites any inventors based anywhere in the United States to apply. The Cade Prize celebrates innovation by identifying, recognizing, and celebrating inventors and entrepreneurs, who, through an innovative invention, demonstrate a creative approach to addressing problems in their field of expertise. The Cade Prize is unique by rewarding innovation at its earliest stages – no prototype is necessary.
Judges review and score each application based on the following criteria: creativity, potential breadth and depth of impact, likelihood of success, and market.
In addition to a cash award, the Cade Prize program also provides finalists with exposure to numerous investment firms and angel investors.
To learn more about the Lab’s Inclusive Entrepreneur Fellowship program, click here.