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Intro to CleanTech Challenge 2016

Have a million dollar idea? Ready to disrupt industry with an idea that could save the world?

The 2016 Cleantech Challenge, hosted by University College of London and London Business School, launched on November 5th, but don't worry! It's not too late to form a team and pitch an idea. Here's the inside scoop on how to win £10,000 in prize money. That's right, £10,000 large, plus a chance to pitch your idea to potential investors.

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Intro to CleanTech Challenge 2016

  1. 1. CleanTech Challenge 2016 Thursday 5th November 2015 UCL Central House
  2. 2. • Global Innovation & Business plan competition  Innovative and outside of the box  With business potential  With a positive impact on the environment • Jointly organised by UCL and LBS since 2009 • Technical & business students Introduction
  3. 3. A global competition Belgium France Italy Netherlands Sweden
  4. 4. Participating Universities (2015)
  5. 5. 2009 2010 2011 2012 2013 Power Window Windows that generate electricity TU Delft (Netherlands) Clean Energy finance Incorporated in the UK SOMBA Solar-powered electric bikes (became project Spin It Green) Cost-efficient silicon solar cells Incorporated in Denmark Structures to fit solar panels in urban environment Incorporated in the Netherlands 2014 MetaHeat Heat diffusion for consumer and industrial grade electronics 2015 Demetex Diagnostic maps for agriculture using the principles of precision farming Track Record
  6. 6. • 220 submissions from 30 countries • Winners 2015: Team DEMETEX (KU Leaven, Belgium) CleanTech Challenge 2015
  7. 7. CleanTech Challenge Supporters The winning project is awarded £10,000 to test the concept • The prize is funded exclusively by the sponsors and the schools
  8. 8. Round 1 Idea generation January Round 2 Team formation, idea refinement, business plan March Round 3 Boot camp finals: Challenge, mentoring, pitch April Process The CleanTech Challenge is a three round competition that will run from January to April 2016
  9. 9. Round 1 – The idea • Generate a business idea • Individually or as a team • 200 words submission • Deadline 31st January 2016 • How does clean technology feature? • How would the business operate? • How would it make a difference? • How would the business gain revenues?
  10. 10. Criteria With a positive impact on the environment  clear novel  feasible Students
  11. 11. • Successful Stage 1 ideas continue • Find a team • Develop your business plan • Get mentoring • Submit 1 page and 1 min pitch video • Deadline 7th March 2016 Round 2 – develop your business
  12. 12. • 10 finalists • 21st & 22nd April 2016 • London Business School Campus • Challenge question • Expert mentoring • Pitch your answer • Win £10,000 Round 3 – the Boot camp Finals
  13. 13. • Test and sharpen your entrepreneurial skills • Form a multidisciplinary team • Network with entrepreneurs, industry experts and investors • Improve the environment • Start a new venture • Win a cash prize (£10,000) Why participate?
  14. 14. “…an amazing experience, the inspiring atmosphere and professional guidance helped to bring our plans to the next level.” Team DEMETEX– winners 2015 – KU Leuven What the participants say “It was indeed the acknowledgement from the Cleantech Challenge, which encouraged us to compete in Venture Cup and start the company for real. …we owe A LOT to the Cleantech Challenge!” BLACK SILICON SOLAR – winners 2011
  15. 15. How to participate? • Applications will open in January. • Keep in touch: – Website: – Twitter: @Global_CTC #CTC2016 – Facebook: – LinkedIn group: – Register to our newsletter – Email: – Come to our events • Team building workshop 25th November, 2015 • Business plan workshop 14th January, 2016 – Spread the word!