Fri, Feb

Cypriot 'GrowGreen' team among the winners of ClimateLaunchPad #CLP17 global cleantech competition

Startup News

The Grand Final of ClimateLaunchpad 2017 was carried out with great success on October 17 and 18 at Limassol’s Carob Mill.

Kenya’s Bio Alkanol Gel team were crowned victorious, winning a €10.000 monetary prize, while the Swiss ΜEDUSOIL came second, receiving €5,000. Third place went to the Vienna Textile Lab from Austria, claiming a €2,500 prize. In total, ten start-ups also secured a place in Climate-KIC’s acceleration program, a ‘real life business school’ that focuses on the development and commercialization of cleantech start-ups, while opening doors for possible access to further funding of up to €95.000.

GrowGreen clp17 2

The Cypriot 'GrowGreen' start-up also received acclaim, winning first place in the thematic category of Sustainable Land Use, coupled with a monetary prize of €5.000, for their revolutionary idea of producing biodegradable fertilizing flower pots made from used coffee grounds. Cyprus was also represented by ‘Echofixer’ - making paper pulp acoustic panels that improve sound clarity - and ‘Be Right Bag’, manufacturing biodegradable, plantable bags made from recycled paper infused with seeds.

The two-day event, which drew more than 550 people from business, investment and academic fields worldwide, provided insight into clean-tech future, unveiled new trends, and presented the next generation of successful start-ups. Attendees were given the chance to enjoy fresh, innovative and promising ideas from competing start-ups, lectures by prominent professionals, expert workshops, and networking sessions.

Prizes were personally awarded by the Chief Executive Officer of Climate-KIC, Dr. Kirsten Dunlop.

ClimateLaunchpad, which focuses on mitigating and adapting to climate change, is a programme by Climate-KIC, Europe’s largest public-private innovation partnership. This year, 964 start-ups from 35 countries submitted their green business ideas, with 105 of them selected to pitch their idea in the Grand Final, which was organized and hosted by Chrysalis LEAP, and co-organized by the Cyprus Investment Promotion Agency (CIPA).

The Director-General of CIPA, Natasa Pilides, stated: “The promotion of developing sectors, such as clean technology, is an integral part of CIPA's mission. As such, CIPA could not be absent from such an important global event taking place for the first time in Cyprus. We hope that the Grand Final of the world’s largest green business idea competition will act as a starting point for enhancing innovation and entrepreneurship in our country with the necessary support of CIPA and the state, mutually benefiting the environment and development”.

The article is powered by the Cyprus Research & Innovation Center (CyRIC)