Deadline: 31 January 2018
Nominations are open for WWF-India’s Climate Solver to identify and highlight the problems, barriers and challenges faced at the crucial stage of research and development (R&D) as well as market uptake and exemplify other hindrances that prevent society from benefitting from these technologies.
It hopes to attract the attention of clean energy innovation ecosystem stakeholders (such as entrepreneurs, investors, incubators/accelerators, companies and policymakers) who are instrumental in improving the conditions and building entrepreneurs’ capacity of developing and promoting low carbon innovative technology.
Climate Solver is a climate innovations platform developed by WWF to strengthen the development and widespread use of low carbon technologies, which radically or transformatively reduce carbon-dioxide emissions or provide energy access. The platform stimulates the diffusion of innovative low carbon technologies and also generates awareness about them along with the overall value of innovation as an immediate and practical solution to climate change.
Eligibility Criteria
Small and medium enterprises can apply as a Climate Solver nominee if their technology:
- Significantly lowers carbon emissions
- Provides sustainable solutions to enhance energy access.
How to Apply
Enterprises interested in applying should submit application in the form of a business plan that shall include the following;
- Name of the company, its owners and key staff.
- The name of the innovative technology, as well as a description of the current development status (e.g. R&D stage, prototype, market entry, expansion).
- The performance of the innovative technology based on indicators such as energy efficiency, use of renewable energy, reduction or elimination of emissions etc, that can be verified by a third party.
- The current achievements and the future potential for enhancing energy access through adoption of sustainable clean energy solutions.
- The financial information about the company:
- The current stage of funding of the company (Bootstrapped/Seed Capital/Angel Investor Funding/Venture Capital Financing – Series A/B/C/IPO).
- The primary source of funding, the size of the last/most recent investment the firm has obtained in the last one year and, the name of the organizations/fund(s) that the capital has been sourced from.
- The plan of funding for future growth, the preference and reason for the type of funding and, the range of investment requirements of the company (0-25 Lakhs/25-50 Lakhs/50 Lakhs-1 Cr./1-5Cr./5-10Cr/>10Cr.).
- The company’s location and target market space, and potential geographical sphere and global beneficiaries of the technology/energy solution.
- A brief plan of future development, promotion and diffusion. The company is encouraged to submit its innovative business model for scale up, if applicable.
- Current and future challenges for the company
For more information, please visit Call for Nominations.