Through this competition, aspiring entrepreneurs from across the world may transform their green ideas into global businesses.
10 winning teams will gain access to Climate-KIC's renowned Accelerator programme, which is focused upon cleantech commercialisation. Successful candidates will learn how to get their idea funded and launched on a global scale.
The overall winner of the Grand Final will receive €10,000, the runner up will receive €5,000 and the third place candidate will receive €2,500.
Each country will try to sponsor the candidate's travel expenses to the international Grand Final in Limassol, Cyprus. However, this is something that the candidate should check with the country lead once they have been accepted into the program.
Prize winners will be responsible for taxes, wire transfer costs and other potential costs that relate to the prize money.
The competition is run and administered by Climate-KIC, and is organised by Association Climate-KIC, an Association duly incorporated under the laws of the Netherlands. The central team is based in the Netherlands is supported by national teams who organise the competition within their country.
This competition is supported by more than 100 partners from all across Europe, including companies such as Accenture, Bernard Schulte Ship management, Deloitte, Ernst & Young, Hellenic Bank, Microsoft, PWC, Sparebank, Volvo and World Wide Fund.
ClimateLaunchpad is an international green business idea competition which provides a platform for those who have great cleantech ideas, helping them to develop these ideas into start-ups with the potential for global impact.
Founder of ClimateLaunchpad Frans Nauta has made the following statement: "We have to fix climate change and we have one generation to fix it. All over the world there are so many great entrepreneurs working on ideas to tackle climate change. ClimateLaunchpad boosts those entrepreneurs to global success through training and giving them an international stage".
Interested parties should note the following restrictions:
- The candidate should not have already been accepted into Climate-KIC Accelerator through the start-up in question.
- The candidate may not apply if they have already been accepted into ClimateLaunchpad during a previous year.
Applications are welcome from the following:
- Anyone who has a promising cleantech idea. The candidate may be a start-up, SME, researcher, student, public organisation, engineering company or even a combination of these.
- Candidates may only apply within their own country.
Innovations are welcome from areas such as renewable energy, energy efficiency, food and agriculture, water, transportation, industrial technology.
This competition is opening to participants who are based in one of the following countries: Armenia, Austria, Azerbaijan, Belgium, Bulgaria, Cyprus, Denmark, Estonia, Finland, Greece, Hungary, Ireland, Israel, Italy, Latvia, Lithuania, Moldova, The Netherlands, Norway, Poland, Portugal, Romania, Scotland, Serbia, Slovenia, Spain, Sweden, Switzerland, Turkey, the United Kingdom and Ukraine.
Information regarding match funding has not been stipulated. Interested parties should contact the funding provider directly for further details.
Funding is intended to help fast track an innovation or idea into a business that will make a substantial environmental impact.
The submission period for all countries will be between 1 April 2017 and 30 May 2017. The submission deadlines for UK and Ireland are still to be determined.
Prospective candidates may only enter ClimateLaunchpad within their own country. They should apply by completing the official application form where they will answer questions such as what problem they are solving and what climate impact is expected to be made. There is no need for a business plan at this stage.
The submitted idea will remain solidly the property of the applicant who will retain full, exclusive ownership of their information and intellectual property rights. Any submitted idea will be used solely for the purpose of evaluating the application to ClimateLaunchpad.
The application in question will be reviewed and ranked accordingly by the National Jury of the country where they have applied. This jury will then select between seven and 20 business ideas for each country, who will then participate in the two day boot camps. Successful applicants will be invited by post.
National boot camps will take place between 5 May 2017 and 30 June 2017. National Finals will take place between 1 July 2017 and 31 August 2017. The grand final will take place in Limassol, Cyprus on 17 and 18 October 2017.
The programme for successful applicants is as follows:
- Step One: Boot Camp: ClimateLaunchpad begins with a two day boot camp in the applicant's home country. Trainers will teach candidates how to jumpstart their business.
- Step Two: Intensive Coaching and National Finals: The boot camp will be followed by a period of intensive coaching. Candidates will have the chance to perfect their pitch, value proposition and business model. Candidates will be prepared for the National Final where they will have the opportunity to pitch before their National Jury. The top three candidates from each country will enter the Grand Final which will be held during October in Limassol, Cyprus.
- Step Three: Grand Final in Cyprus in October: The top ten competitors in the Grand Final will receive direct access to the Climate-KIC Accelerator. Furthermore, there will be the chance to receive prize money. All other National Finalists who make it to the Grand Final will have the chance to pitch their idea before the review board of Climate-KIC Accelerator. If they impress the review board then they will gain access to their programme.