Venture Craft

100K COMPETITION

An international deep tech startup competition by KFUPM in collaboration with DTV, supporting student-led ventures building science and technology based solutions with global impact.

  • $245K Prize Pool
  • $100K Grand Prize
  • 130+ Countries
  • 50+ Mentors & Experts
  • 7 Competition Phases

Global Exposure

In Collaboration With

  • King Fahd University of Petroleum & Minerals
  • Dhahran Techno Valley
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Prizes & Awards

Rewarding excellence in deep tech innovation and sustainable solutions.

Total Prize Pool

$245K

$100K Grand Prize for the most impactful deep tech venture

  • 1st

    Grand Prize

    $100K

    Awarded to the venture with the strongest scientific foundation, market potential, and global impact.

  • 2nd

    Second Place

    $60K

  • 3rd

    Third Place

    $40K

  • Corporate Special Awards

    Corporate Special Award

    $15,000

    Per Award (X3)

    Awarded for outstanding innovation in sustainability, energy transition, and deep tech alignment.

Additional Benefits

  • Mentorship

  • Travel Support

  • Visibility

  • Networking

Competition Theme

2026 Theme

Each year, Venture Craft unites the world’s most ambitious founders under a singular global challenge. This year, we focus on the frontier of Sustainable Energy, accelerating deep-tech solutions that power the future responsibly.

Sustainable Energy

Click a pillar to explore strategic focus areas

Decarbonization Technologies

Theme Focus

  • Carbon Capture
  • Net-Zero Emissions
  • Hydrogen Tech
  • Renewable Energy

Circular Economy & Resource Efficiency

Theme Focus

  • Waste Reduction
  • Material Recycling
  • Resource Efficiency
  • Sustainable Lifecycle

Energy Efficiency

Theme Focus

  • Industrial Optimization
  • Smart Grids
  • Power Management
  • Thermal Recovery

Process Optimization & Advanced Engineering

Theme Focus

  • Advanced Engineering
  • Digital Twins
  • AI-Driven Industry
  • Automation

Explore 2026 Theme

Timeline

Seven Phases.One Destination.

Every phase is designed to push your venture further, from first submission to the global stage.

  1. Current Phase · 01 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    Idea Submission

    Launch your journey. Submit your initial concept for review by our technical committee.

    Submit your venture application online.

  2. Current Phase · 02 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    Screening (Round 1 and 2)

    Expert technical and business validation. Top innovators advance to the next stage of the competition.

    Await review results from the evaluation committee.

  3. Current Phase · 03 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    Finalist Confirmation

    Confirmed finalists receive their advancement notice and prepare for the next stage.

    Confirm your participation and submit requested details.

  4. Current Phase · 04 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    Online Bootcamp

    A virtual deep dive into startup fundamentals, IP strategy, and go-to-market planning.

    Attend workshops, connect with mentors, refine your pitch.

  5. Current Phase · 05 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    Finalist Notification and Travel

    Selected teams receive travel coordination details for the in person acceleration program.

    Prepare your travel visa documents and final presentation.

  6. Current Phase · 06 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    In Person Acceleration

    Hands on mentoring and site visits to stress test your solution in a real world ecosystem.

    Iterate, refine, and prepare for Demo Day.

  7. Current Phase · 07 of 07 Phases

    Announcing Soon

    CompletedIn ProgressUpcoming

    Final Competition

    Pitch your venture to global investors and energy leaders for the grand prize and partnership deals.

    Deliver your final pitch and compete for funding.

Our Vision

Empowering the next generation of deep tech innovators.

Venture Craft exists to turn bold student ideas into global impact, connecting talent, research, and industry through one competition.

Learn more about Venture Craft

Objectives

  1. 01

    Global Hub

    Establish KFUPM & DTV as a leading Global Deep Tech Hub.

  2. 02

    Talent

    Attract and nurture high-potential early-stage talent.

  3. 03

    Connection

    Bridge the gap between academia and industry.

  4. 04

    Pipeline

    Foster a robust and sustainable global startup pipeline.

  5. 05

    Impact

    Enable measurable global impact through innovation.

FOLLOW THEVENTURE CRAFT JOURNEY

  1. Idea Submission

    Announcing Soon

  2. Screening

    Announcing Soon

  3. Online Bootcamp

    Announcing Soon

    Online

  4. In Person Acceleration

    Announcing Soon

    In person

  5. Final Competition

    Announcing Soon

Find your role in the journey