Green technologies are where it’s at these days, especially given the looming and ever present threat of the climate crisis, which has not gone away in spite of Covid-19 dominating the news headlines. Most of the world’s nations signed the Paris Agreement in 2016, committing to cutting greenhouse gases in order to prevent the worst effects of climate change.
This has motivated businesses and governments to cut emissions through various forms of innovative technologies and monetary incentives. With the world economy in a spiral of change that is more difficult to predict than ever before, businesses are striving to find new ways to save money and adopting green technologies is one such method. The urgency of the climate crisis and the demand for clean technologies is proving to be a great motivator for startups to find holes in the market and meet new demand.
Thus, green technology competitions are becoming a new norm and Skolkovo’s GreenTech Startup Booster is no exception to this. The program focuses on clean water, clean air, clean land, clean energy, environmental monitoring, and people & environment; any late stage startup working on green technologies in those areas should apply. The application process is easy - simply visit GreenTech Startup Booster applications. Applications close on October 3.
The competition is a chance for late stage startup companies to find industrial partners in their respective fields. It is also an opportunity to conduct pilot projects with leading corporations, attract investment, access independent expertise from leading scientific and business experts, make rapid market entry both in Russia and internationally, have direct dialogue with management from some of the largest corporations, and access mentoring and financial support from the Skolkovo Foundation.
The application deadline is October 3, applicant selection will be finalized by November 2, project diagnostics goes on until December 6, and project selection takes place on December 7, 2020. Between 30 and 40 projects will ultimately be selected and implemented over the course of three months from December 2020 to March 2021.
Partners include multinationals such as Total and Gazprom Neft. International partners involved in the program are WIPO Green, IASP, United Nations Sustainable Development Solutions Network and others.