News and Blog
EcoMachines Partners with the CleanTech Challenge
EcoMachines Incubator is partnering with the CleanTech Challenge to provide more opportunities for the 2014 competition finalists to grow their startups. Running since 2009, the CleanTech Challenge is a global business plan competition for innovative clean technology business ideas. Organised by postgraduates at London Business School and University College London, it brings together business and engineering students from universities across the world to create viable startups.
Teams are mentored by experts and compete over three rounds for the £10,000 prize, awarded at the two-day Bootcamp finals in London.
EcoMachines is supporting the competition by contributing mentors from its network, running a networking event, and providing judges for the competition panel. In addition, finalists of the Cleantech Challenge will be fast-tracked through EcoMachines’ investment evaluation process.
Ingrid Marchal, co-chair of the CleanTech Challenge, said, “The CleanTech Challenge are delighted to announce our partnership with EcoMachines Incubator. The CleanTech Challenge aims to help students develop their cleantech business ideas from inception to being viable businesses, and EcoMachines Incubator Accelerator Programme is the next logical step for many of the businesses we support.”
Ilian Iliev, CEO of EcoMachines Incubator, said, “Clean technology is tackling some of the biggest problems that society faces around sustainability, energy efficiency and climate change. CleanTech Challenge helps foster the next generation of innovators who are developing those solutions. We hope EcoMachines’ ecosystem and resources focused on advanced engineering and high-value manufacturing can help accelerate the ventures participating in the Cleantech Challenge competition.”
The CleanTech Challenge Bootcamp finals will be held from 23rd to 25th April.