CLIMATE-KIC ACCELERATOR: WHERE GREAT IDEAS GROW INTO GREAT BUSINESSES

Climate-KIC Accelerator is the cleantech accelerator with a focus on climate impact. Climate-KIC offers a 18-month programme, divided in 3 stages, to grow your own cleantech idea into a great business.  Sustainable Nation is pleased to run the Dublin-based Climate-KIC Accelerator, and the Accelerator Stage 1 is now open for entries.

 

The Dublin Climate-KIC Accelerator supports promising start-ups by providing the tools, opportunities and network to transform break through innovations in climate innovation and finance. We can help you solve real customer problems. We welcome applications from Irish or European-based companies that are working on a climate-innovation solutions.

 

Enrol now in Dublin, and get the resources you need to develop your business. Apply here

 

Target Sector

Sustainable Nation works closely with the Irish Department of Finance to deliver its International Financial Services (IFS) Strategy 2020. The Paris Climate Agreement Meeting (COP21) placed climate change firmly in the heart of the global financial system, putting an emphasis on how the trillions of dollars required to mitigate and adapt to climate change could be mobilised. This reflected the realisation that holding global warming below the accepted 2oC target would require an unprecedented reallocation of capital. In this context we are keen to work with companies that are developing innovative financial solutions or analytical or data tools that bring value and support meeting the 2oC target – all underpinned by the concept of responsible investment or ESG (environmental social governance).

 

Who should apply?

Can you answer yes to these questions?

  • Do you have a breakthrough idea related to new technology with substantial sustainable finance/ climate impact?
  • Do you have a BASIC business model already defined?
  • Is there a motivated team in place (at least two founders)?
  • The business may or may not have a legal entity formed yet. If yes, the legal entity cannot be more than 2 years. If not, one of the objectives of stage 1 is to create a legal entity.

Benefits?

  • This is an 18-month, 3-stage programme.
  • World class business coaches & mentors
  • Access to a European ecosystem
  • Non-equity grant of up to €60,000 on completion of all 3-stages

 

Programme Overview

Stage 1: Fundamentals

Get the basics right. Focus on your customer and how to get your product into their hands. Which niche are you serving? Which problem are you solving? Figure out how to make money and scale up your business using a solid financial model. Fundamentals gives you a clear vision of how to create highest value with limited resources. Stage 1 consists of a 2-day boot camp and 6-8 sessions filled with workshops, peer-2-peer sessions and start-up stories. Fundamentals comes with a grant of up to €10,000.

 

Stage 2: Validation

Get out there and validate your business assumptions. Talk to at least 50 (potential) customers across borders. We provide you with the skills and tools you need to conduct good interviews, to see through all the false positives and to build your business on real insights. After Validation you’ll be better able to choose your markets and grow by addressing real customer needs.

Stage 2 takes about 6 months, and consists of a mix of monthly meetings and peer-to-peer session.  Validation comes with a grant of up to €20,000.

 

Stage 3: Delivery

In this stage, you use insights from the previous stages to develop a full-grown business plan in which all foreseeable failure factors are fixed. You are ready to pitch your business case to investors and launch it to your customers. Delivery helps you find the partners that enable you to grow fast. Apart from intensive 1-on-1 coaching, we offer workshops on valuation, investor strategy, financial structuring, deal making and strategic partnering. Delivery comes with a grant of up to €30,000.

 

We help you think, act and grow big, so you can reach global domination in your chosen market niche. Apply now – download the application form and return to aideen.ohora@sustainablenation.ie. Closing date for receipt of applications is the 27 April 2017.

CLIMATELAUNCHPAD – THE GREEN BUSINESS IDEA COMPETITION

Have an idea for a sustainable business? Not sure how to get started? Enter ClimateLaunchpad. We’ll help you fast-track your green business idea.  You’ll learn how to get it funded and launched. Worldwide.

 

ClimateLaunchpad is a global Green Business Idea Competition. It is the largest global competition of its type. But is it more than a competition. It is an accelerator programme for early stage companies. Why? Because we need as many entrepreneurs as possible to tackle one of the biggest challenges of our time – climate change. Apply Now. Apply Here

 

Your idea can be an innovation in renewable energy, a sustainable transition in the food chain, a mind shift in urban mobility or any other way to tackle climate change.

 

This competition is open to early stage companies/ ideas – so even if your idea is written on the back of a napkin we want to hear it. In ideal terms you:

  • have not yet started a business or you started it less than one year ago;
  • have no substantial revenue;
  • you have attracted no more than € 200,000 in investment;
  • you have not yet sold products, solutions or prototypes on commercial terms.

 

How does it work…first apply for the programme Here. Once chosen for the programme you will work through the following steps.

 

Step 1: Boot Camp

ClimateLaunchpad kicks off with a 2-day Boot Camp in Dublin on the 15 and 16 June. Our international trainers will teach you all you need to know about jumpstarting your business.

 

Step 2: Intensive coaching and National Finals

The Boot Camp is followed by a period of intensive coaching. The six coaching sessions will take place in Dublin during June, July and August.

  • the Deal & Market
  • your Customer and Product
  • Financials
  • Climate Impact
  • Competitive Advantage
  • Team & Founders Dream

In between each coaching session Sustainable Nation’s Entrepreneur in Residence, will be on hand to provide additional support.

At the National Final, which will take place in the first week of September, you’ll get to pitch in front of our national jury. The top-3 will go forward to the Grand Final, which will be held in Cyprus.

 

Step 3: Grand Final in Cyprus in October

The Top-10 competitors in the Grand Final will get direct access to the Climate-KIC Accelerator, the renowned business school where great ideas grow into great businesses. On top of that there is also prize money. The overall winner of the Grand Final receives € 10,000, the runner up gets € 5,000 and the idea that comes in third place wins € 2,500.

All other National Finalists who made it to the Grand Final get a chance to pitch their idea to the review board of Climate-KIC Accelerator. Impress them and gain access to their programme.

 

Climate change is the number one biggest business opportunity of the 21st century. Apply your green business idea today.

 

Train. Compete. Launch. Apply Now. Apply Here

 

If you have any questions please contact

Ron Immink at ron.immink@sustainablenation.ie or +353 85 1006307 or

Aideen O’Hora at aideen.ohora@sustainablenation.ie or +353 1 525 0290

 

SUSTAINABLE NATION’S CEO JOINS CORK’S INTERNATIONAL ENERGY RESEARCH CENTRE STEERING COMMITTEE

The International Energy Research Centre (IERC) is an industry-led collaborative research centre in the field of integrated sustainable energy systems, and is jointly funded by the Irish government and industry members. It is one of the largest funded technology centres in Ireland, with a budget of €30m over five years.

 

The centre provides an energy research environment that combines business innovation with research excellence for energy demand side efficiency and systems integration challenges.

 

Established in 2010, the centre has been developed through a novel collaborative concept by means of a Joint Agency Project Team, comprising representatives from Enterprise Ireland, IDA Ireland, the Sustainable Energy Authority of Ireland and Science Foundation Ireland working with multinational companies such as UTRC, Bord Gais Energy, Bilfinger and a growing number of indigenous Irish companies. The centre is funded jointly by the Irish Department of Jobs, Enterprise & Innovation and the Department of Communications, Climate Action and Environment.

 

Commenting on his appointment to the centre’s Steering Committee, Stephen Nolan CEO Sustainable Nation said: “Sustainable Nation looks forward to adding value to the important work of the IERC Steering Committee, in particular around the area of low-carbon investment. To be able to support such a world-class state of the art facility focused on the energy space that is working to solve global energy challenges, create employment and support investment is a real honour.”

 

The IERC is hosted by the Tyndall National Institute, based in Cork, and part of University College Cork. Tyndall National Institute is one of Europe’s leading research centres in Information and Communications Technology (ICT) research and development and the largest research facility of its type in Ireland.

 

Pic: Professor Tony Day, IERC CEO; Jeff Smith, CEO Bilfinger Ireland; Stephen Nolan, CEO Sustainable Nation Ireland; and Bilfinger representative.

DEAL STRUCK TO DEVELOP €220M OF SOLAR PROJECTS IN IRELAND

  • 60 full-time jobs in South and East of the country
  • Work expected to start next year – creating up to 2,000 construction jobs
  • Deal will bring clean solar power to over 80,000 homes

A Dublin-based solar company has entered a joint venture to develop more than €220m of solar projects in Ireland.

BNRG Renewables Limited and French renewable energy group Neoen today announce their joint venture to develop, construct, own and operate a portfolio of solar projects in Ireland.

The joint venture, BNRG Neoen Holdings Limited will co-develop a portfolio of 23 projects in the South and East of the country totalling over 200 Megawatts (MW).

When constructed, the planned total investment in renewable energy infrastructure will exceed €220m. The overall project will up to 60 full-time positions in operation and maintenance and another 2,000 jobs during the construction phase, along with other indirect jobs.

Construction is expected to commence in mid-2018 with the final projects to be constructed by 2020. Multiple projects will be submitted for planning over the coming months. It is widely expected that large-scale solar projects will be support under new renewable energy support policy to be announced this year.

The solar parks and farms will connect to the distribution grid network and will meet the electricity demand of around 80,000 homes locally.

BNRG Renewables is the largest and longest-established Irish solar company. It was an early entrant into solar markets in Europe and the US and is eager to lead the development of the Irish market. Construction will begin this year on its first project on the island of Ireland – a 13.5 MW project in Co Down.

The company has already developed and constructed more than €230 million of Solar PV projects in Europe since 2007, including the completion, in 2016, of a portfolio of more than 20 MW of projects that it owns and operates in the UK. It recently entered the US market, with a pipeline of more than 140 MW at an advanced stage of development in the US.

David Maguire, Director of BNRG Renewables said: “This unique partnership represents a significant investment in renewable energy in Ireland and will be well positioned to deliver first class projects, and real value to the Irish consumer.

“We are delighted to partner with Neoen on our Irish portfolio and look forward to working closely together. There is an excellent strategic alliance between the two groups as both continue to expand their activities in Ireland and internationally.”

Neoen is an independent power producer, generating electricity from renewable sources – solar, wind or biomass –  since 2008. It develops, finances, builds and operates plants and is active in France, Portugal, Australia, Mexico, Mozambique, Jamaica, Zambia, Jordan and El Salvador. With a current base of 1,000 MW, Neoen seeks to achieve installed power of more than 3,000 MW by 2020.

The company completed construction, in 2015, on the largest solar PV project operating in Europe. The plant, located near Bordeaux, has the capacity of 300 MW and its annual generation is equivalent to the total power consumption of all households in Bordeaux.

Romain Desrousseaux, deputy CEO of Neoen, said: “This joint venture is a great match of two experienced European independent power producers working and investing together over the long term to bring about a new competitive solar industry in Ireland with associated job creation and training, while leading to provide clean energy for over 80,000 Irish homes.”

Stephen Nolan, CEO Sustainable Nation said: This is another great win for the Irish solar industry and underpins BNRG Renewables status as one of Ireland’s leading renewable energy companies. We look forward to seeing the joint initiative progress and look forward to supporting in whatever way we can.”

Pic: David Maguire, BNRG; French Ambassador to Ireland Jean-Pierre Thebault; and Nick Holman, BNRG.

A SPOTLIGHT ON CLIMATE RISK

28th Sep 2017
37-42 McCann Fitzgerald, Sir John Rogersons Quay, Dublin 2
7:30 – 9:15am

 

Climate change is a key issue. Recent natural disasters show the very real cost that climate change could cause insurers in the future. And according to a recent report by the European Environment Agency, climate change-induced flooding and severe weather has resulted in economic losses of €2.9bn to Ireland from 1980 to 2013. The report warns that future damages would arise as average temperatures continue to rise.

With so many international insurance companies located in Ireland, Sustainable Nation Ireland is exploring the potential opportunity to develop a climate risk cluster of expertise based in Ireland.

As such, our fourth Breakfast Leadership Series will focus on the topic of climate risk, examples of climate risk insurance activity already ongoing in Ireland and discuss the possibility of Ireland developing an expertise in climate risk.

Panel members to be published shortly.

This breakfast series is hosted by our Sustainability Skillnet in partnership with McCann Fitzgerald.

Register here

SUSTAINABLE AND RESPONSIBLE INVESTMENT

McCann Fitzgerald, Sir John Rogerson’s Quay, Dublin 2

7:30 – 9:15am

27th April 2017

 

There is an enormouse opportunity for Ireland to position itself as a focal point as global capital flows into sustainability.
Our status as a fund domicile and our asset management and asset servicing expertise could and should be exploited to make
Ireland the sustainable investment destination of choice, especially when aligned with our sustainability business expertise.

 

Panel details to follow shortly.

 

Register here

SUSTAINABLE NATION HANDED KEY ROLE IN GOVERNMENT’S IFS ACTION PLAN FOR 2017

Sustainable Nation Ireland will this year play a pivotal role in supporting the Government’s action plan for Ireland’s international financial sector.

 

Financial services minister Eoghan Murphy, who is also chair of the IFS2020 joint committee, on Monday announced details of the State’s action plan for 2017.

 

The Strategy for Ireland’s International Financial Services Sector is a five year programme to develop Ireland as key location for specialist financial services.

 

Under the plan, Sustainable Nation Ireland will continue to focus on the promotion and positioning of Ireland as an international hub for green finance, while continuing to raise awareness of the responsible and sustainable investment agenda.

 

The Action Plan for 2017 acknowledged Sustainable Nation’s key role in supporting and developing ideas, innovations and investment strategies to successfully transition Ireland to a low-carbon economy.

 

The plan says: “IFS2020 sets out a vision for Ireland to be the recognised global location of choice for specialist international financial services.

 

“Green finance provides a unique opportunity to build on Ireland’s reputation as a centre of excellence for niche international financial services and as a hub for innovative technology-driven international financial services.”

 

The IFS2020 action plan for 2017 also tasks Sustainable Nation Ireland with:

 

  • the further development of key international partnerships (EU Climate-KIC, UN Principles of Responsible Investment, Climate Bonds Initiative, EuroSIF and CDP);
  • promoting Ireland as a centre for green finance including the establishment of Europe’s first dedicated Climate Finance Accelerator through its on-going relationship with Climate-KIC;
  • co-hosting the Global Sustainable Capital Forum in Dublin in December 2017 (in partnership with leading international publication Responsible Investor);
  • Delivering with the support of Sustainability Skillnet a Certificate in Green Finance accredited at Level 7 on the National Framework of Qualifications and roll out of UN PRI Academy responsible investing online courseware;
  • Supporting the establishment in Ireland of a new low-carbon investment fund focused on investing in Irish cleantech SMEs at a regional level, by extension supporting regional job growth.

 

CEO of Sustainable Nation Ireland Stephen Nolan confirmed the body will update the IFS2020 Joint Committee in Q3 2017 regarding progress.

 

“This key role for Sustainable Nation further cements our mission to develop Ireland as a global centre for sustainable, responsible investment and innovation. We are relishing the challenge.”

 

Pic: Martin Shanahan, CEO IDA Ireland; An Taoiseach Enda Kenny, T.D.; and Minister Eoghan Murphy, T.D. at the European Financial Forum, Dublin Castle 24th January 2017.

OXYMEM IS NAMED IN THE 2017 GLOBAL CLEANTECH 100

OxyMem, a fast growing Irish Cleantech company who have been
commercialising an innovative solution to reduce costs of wastewater treatment – the Membrane
Aerated Biofilm Reactor (MABR), was named for the second year running in the prestigious 2017 Global
Cleantech 100. OxyMem was the only Irish company to make the 2017 list produced by CTG (Cleantech
Group), whose work keeps its audiences and clients in touch with emerging trends, leading innovation
companies and all key players in sustainable innovation, which is produced by Cleantech Group,
The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of
a wide-range of industries. Featuring companies that are best positioned to solve tomorrow’s clean
technology challenges, the Global Cleantech 100 is a comprehensive list of private companies with the
highest potential to make significant market impact within a 5-10 year timeframe.
“To be recognised for the second year running in the prestigious Global Cleantech 100 company is real
validation of our efforts over the last 4 years. This highlights, to a highly conservative water market, a value proposition that makes OxyMem the stand out contender in energy efficient wastewater
treatment.” – OxyMem CEO, Wayne Byrne explained.
This list is collated by combining proprietary CTG research data, with weighted qualitative judgments
from hundreds of nominations, and specific inputs from a global 86-person Expert Panel. To qualify for
the list, companies must be independent, for-profit, cleantech companies that are not listed on any
major stock exchange.
This year, a record number of nominations were received: 9,900 distinct companies from 77 countries.
These companies were weighted and scored to create a short list of 325 companies. Short-listed
nominees were reviewed by CTG’s Expert Panel, resulting in a finalized list of 100 companies from 17
countries.
“Sustainable Nation is helping to mobilise Irish talent, capability and business sector to beat the global
2oC target. We are continually impressed by the quality of companies and entrepreneurs responding to
this global challenge. Having initially nominated OxyMem for this honour in 2015, we are delighted that
they have again received this accolade. OxyMem is to the fore in developing game-changing solutions
with global application, and I believe they are setting the bar for other Irish companies to join the
prestigious Cleantech100 list”, stated Aideen O’Hora, Director, Sustainable Nation Ireland.
The 86-member expert panel was drawn equally from leading financial investors and representatives
of multi-national corporations and industrials active in technology and innovation scouting across Asia,
Europe, and North America. The composition of the expert panel broadly represents the global
cleantech community, from pioneers and leaders to veterans and new entrants. The diversity of
panelists results in a list of companies that command an expansive base of respect and support from
many important players within the global cleantech innovation ecosystem.
“From day one, the purpose of the Global Cleantech 100 program was to act as our barometric read on
how the many facets that contribute to the emergence and maturing of an innovation theme like
cleantech (the “doing of more with less”) are changing year on year,” said Richard Youngman, CEO,
CTG (Cleantech Group). “Now in its 8th year, we see more signals this year of the ongoing
mainstreaming of clean technologies, sustainability, and resource efficiency on its journey towards the
point where this is just the normal way business is done.”
• The complete list of 100 companies was revealed on January 23rd at the 15th annual
Cleantech Forum San Francisco: https://i3connect.com/gct100/the-list
• For complete information on OxyMem’s leadership within the cleantech space, access i3 by
visiting i3connect.com—CTG’s leading market intelligence platform
• The list is accompanied by a full report with commentary and insight on the 2017 Global
Cleantech 100—authored by CTG, powered by data from i3, and sponsored by Chubb.
Download the report at:
http://info.cleantech.com/GlobalCleantech100Report2017_GCT100Report2017Submit.html
• The complete list of Global Cleantech 100 Expert Panel members is available at
https://i3connect.com/gct100/panelist

IRELAND IN THE RUNNING AT THE CLIMATE CHANGE ‘OLYMPICS’

Three Irish cleantech startup companies have made it to the European Final of a major global business competition that promotes ideas and innovations to tackle climate change.

The shortlisted firms could win major cash prizes and a place on a business accelerator programme to realise their idea.

ClimateLaunchpad, Europe’s largest business ideas competition, was been set up to specifically develop innovations that address sustainability and climate change.

The Irish companies were selected from a national shortlist of 15. They will be up against 90 rivals at the prestigious event in Tallinn, Estonia, on October 7th & 8th.

The three Irish finalists are:

Small Farms: operating in the area of edible insects – including crickets which can be farmed or grown at home to eat as an alternative protein source.

Senergy: a maker of solar panels – but ones which cost 50pc less to produce because they are made from plastic and polymer materials.

SmartTrace Software: building a big data platform that will support the intelligent use of waste materials. Poor material management contributes to over 42% of world pollution

The European ClimateLaunchpad Final is a showcase for the cream of Europe’s cleantech talent and helps them grow their sustainable ideas into global businesses.

The three Irish start-ups will pitch their idea and business plans before an international jury. The jury will award the top-three winners of the European competition funding of 10,000 euro, 5,000 euro and 2,500 euro and the best 10 will take part in the Climate-KIC 18-month accelerator programme.

Eight teams participated in the Irish ClimateLaunchpad competition. They pitched a string of diverse ideas around energy production and efficiencies, waste reduction and water management as well as more sustainable food production.

Announcing the finalists, Sustainable Nation’s Entrepreneur in Residence Ron Immink said: “Sustainability should be viewed as a business opportunity, an €85 trillion opportunity.

“Ireland is becoming a disruptor in the global market place, providing solutions that improve climate resilience.

“Companies, and in particular start-ups, require support to build capacity and ClimateLaunchpad provides that with a programme designed to nurture business ideas that have a positive climate impact.”

Each country selected the most promising innovations for the ClimateLaunchpad competition.

The participants undertook a demanding programme to work on their business idea: a two-day boot camp, intensive business coaching and national finals. The finalists have been chosen based on criteria including feasibility, scalability, job creation and climate impact.

Aideen O’Hora, Director of Sustainable Innovation with Sustainable Nation Ireland, said: “The facts are clear, climate change is happening and we must use best efforts to mitigate and adapt. We’re delighted to have such a strong team of companies represent Ireland at what is now becoming the Olympics of Climate Innovation. ClimateLaunchpad is the cornerstone of support that we can provide to cleantech companies in Ireland.”

Frans Nauta, the founder of ClimateLaunchpad, said: “I sleep better knowing how many great teams are working ontechnologies and businesses that tackle climate change. There aregreat ideas out there, many of them from people with little businessexperience. This is why ClimateLaunchpad is so important. We provideinnovators with the coaching to make their great ideas profitablebusinesses. And in just three years we’re seeing successful companiesemerge.”

—-

Senergy: Next generation Solar Thermal Panels to transform the energy industry. Senergy have developed a 100% polymer plastic solar thermal panel that is 50% less expensive to manufacture and install than any panels that currently exist. The Senergy panel benefits from the advantages of the polymer materials and incorporate carbon nanotube materials that enhance the thermal performance and mechanical strength. Senergy will transform the energy industry by using a renewable energy technology, that is already 70% efficient, that is cheaper, enhanced modular design and overall has a lower environmental footprint. The CEO is Christine Boyle. http://climatelaunchpad.org/finalists/senergy/

SmartTrace Software Ltd.: The Internet of Waste. Using an SAAS software platform, SmartTrace is building a big data platform that will support the intelligent use of waste materials. Poor material management contributes to over 42% of world pollution, and is driving the need to have a circular economy. The manufacturing industry is embracing the concept of this new economy, as they are spending increasing amounts of money to comply with waste legislation, when they could actually turn their waste in to a valuable commodity. SmartTrace is turning the challenge in to an opportunity, through linking up availability waste resources. The Internet of Waste, a circular economy platform, supports the transformation of waste management theories to action and the perception of waste from problem to product. The co-founders are Marcin Kulik and Steve Cassidy. https://smarttracesoftware.com/

Small Farms: An alternative source of protein for human consumption in the form of farmed crickets. With the world’s population increasing to nearly 10 billion people by 2050, alternative, sustainable protein sources need to be adopted into our Western diets. Current livestock contribute massively to environmental damage, producing 18% of the worlds greenhouse gases (GHG) and consuming huge amounts of resources. Crickets provide a sustainable source of protein and nutrients, with minimal GHG emission by comparison to traditional sources of protein. The global edible insect market size is poised to exceed $522 million by 2023, and Small Farms will foster this growth through developing “farming systems” that will allow people breed crickets at home for their own consumption. The founder is Johnathon Harris and co-founder Éire Smith http://climatelaunchpad.org/finalists/small-farms/