Wed, Feb

Cyprus hosts ClimateLaunchPad 2017 Global Grand Final with 105 startups rocking cleantech energy

Startup News

105 Start-ups from 35 countries meet in Cyprus to compete at the world’s largest green business ideas competition.

The Global Grand Final of ClimateLaunchpad, the world’s largest green business ideas competition, will take place in Cyprus this year, on the 17th and 18th of October at the Carob Mill. Limassol will host 105 start-ups from 35 countries during a two-day event, expected to attract more than 400 people amongst which businessmen, investors, researchers and entrepreneurs from all over the world.

Participants and attendees will have the opportunity to discover and hear about the latest green business trends, meet with the new generation of cleantech start-ups from all over the world and get inspired by great, innovative ideas. In particular, on the 17th of October, these 105 start-ups will compete in a round of semi-finals before a renowned jury, aiming to secure one of the 15 places at the final, which will take place on the 18th of October. The best 10 start-ups, that will be selected by the esteemed judges at the final, win direct access to Climate-KIC’s acceleration program, a ‘real life business school’ that focuses on the development and commercialization of cleantech start-ups, as well as access to further funding. The first winner of the final also receives a cash prize of €10,000, the second team a prize of €5,000 and the team that comes in third place wins €2,500. Start-ups will also have the opportunity to pitch for awards and monetary prizes in Climate-KIC thematic categories, such as Urban Transitions, Sustainable Land Use, Sustainable Production Services and Decision Metrics.

climatelaunchpad2016 award

The two-day event also includes a great line up of keynote speakers, expert workshops, networking breaks and a spectacular award ceremony, which all participants and attendees can enjoy. This year marks the 4th edition of the ClimateLaunchpad competition with roughly 1,000 green business ideas being submitted in 35 countries across the globe. The selected start-ups in each of the 35 countries underwent intense training during a two-day bootcamp, a series of follow up coaching sessions and participated in a national final. Each country will now be represented in the Global Grand Final by their top-3.

Cyprus will be represented by ‘Grow Green’, a team of high school students producing biodegradable fertilizing flower pots made from used coffee grounds, ‘Echofixer’ that makes paper pulp acoustic panels that improve sound clarity and ‘Be Right Bag’ which manufacture biodegradable, plantable bags made from recycled paper infused with seeds. Good luck to our three teams and let’s hope at least one of you makes it to the Final.

The Grand Final is organized and hosted by Chrysalis LEAP and co-organized by the Cyprus Investment Promotion Agency. Strategic Partner of Chrysalis LEAP for the third year is PwC Cyprus. Mr. Evgenios Evgeniou, CEO of PwC, noted: "The Global Grand Final which will be held in Cyprus confirms the collective effort to promote entrepreneurship and innovation in our country as a pillar of sustainable growth. We are proud to be part of this important initiative and as a strategic partner of Chrysalis LEAP we will continue to provide our support through a series of actions as well as the voluntary participation of our people aiming to create an ecosystem which fosters the growth of innovative businesses in our country".

Bernhard Schulte Shipmanagement (BSM) is among the supporters of the final. “We are facing serious environmental and social challenges; climate change and the depletion of natural resources are destabilising our quality of living. BSM is sponsoring ClimateLaunchpad to bring people together to tackle these issues with entrepreneurial solutions. This is a great opportunity to educate ourselves and others as to what is needed globally to bring about impactful change”, said Elena Pantazidou, Corporate Director HR of BSM.

For information regarding the event and registration please visit http://climatelaunchpad.org/grand-final/

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