ClimateLaunchpad winners to represent Australia

Published 26 Sep 2017

By Katie Vines

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Climate-KIC Australia has identified the country’s most innovative green technology ideas with the completion of the Australian arm of the ClimateLaunchpad. The competition, which sought out clean technology ideas across the country, concluded this week with state finals in Sydney, Melbourne and Adelaide. Climate-KIC is proud to announce the winning businesses My Impact, Capricorn Power, and Tide2Tank who will now go on to represent Australia in the Europe ClimateLaunchpad Finals in Cyprus.

Over 60 applications were submitted and 30 successful teams attended two-day bootcamps in Sydney, Melbourne and Adelaide in late August where they received hands-on training to develop their ideas into impactful business. From this group just three winning businesses were selected.

My Impact from Queensland is an electricity reduction service and technology for high electricity consuming restaurants. The tailored service incorporates latest technology to monitor and communicate electricity consumption and cost in real time, and provides personalised support to guide restaurant owners to change behaviour.

Capricorn Power, from Victoria generates renewable electricity and hot water using a novel heat engine, based on a proven thermodynamic cycle. It can use a variety of waste products of other processes (biogas, biomass, concentrated solar thermal, industrial waste heat), thereby addressing local waste issues and reducing emissions. A closed-loop, sustainable, renewable, zero-emission source of electricity.

Tide2Tank, from South Australia uses marine biomass to create alternative carbon neutral and cost competitive fuel sources and various product uses including agricultural products. The aqua farms, using Kelp, sequester carbon from the ocean and help rehabilitate used fisheries an polluted waters.

“We were incredibly impressed by the calibre of green business applications we received and it’s great to see so many startups and entrepreneurs of all ages dedicated to finding solutions to climate issues,” says Christopher Lee, CEO Climate-KIC Australia. “We wish our finalists luck and look forward to further rolling out our solutions-based climate initiatives.”

Innovative ways of thinking will be vital for us all as we continue to address the challenges of climate change.

The Climate LaunchPad is supporting start-up businesses, entrepreneurs and innovators, such as yourselves, to develop new products and processes and build skills in clean energy and climate resilience.

The Australian winners will now travel to Cyprus to compete against 103 finalists from over 35 countries in the ClimateLuanchpad Grand Finals on the 17th of October. Climate Launchpad finalists receive preferential access to Acceleration programs managed by Climate-KIC Australia and its Partners.

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