25 promising cleantech companies from Sweden and Europe have been selected by a prominent election jury and are now ready to present their business cases at the Stockholm Cleantech Venture Day on September 30th, 2010 in Kista Science City.
The 25 companies have been selected and shortlisted by the jury consisting of Magnus Rehn, STING (Stockholm Innovation & Growth), Bo Normark, Power Circle, Johan Gorecki, Globe Forum and Fredrik Lagergren, KTH Executive School. Some of the factors in the selection process have been the following: the company should have an innovative product/service with proven, positive environmental effects and provide a major customer solution with a large market potential. The company should also be in a position where funding and new investments are necessary for further growth.
The total investment need of the business cases at 2010 years’ event is 56 M€ (approx. 529 MSEK). Last year the investment need was 55- 70 M€.
- It is important to acknowledge activities like the Stockholm Cleantech Venture Day, as it is an initiative that promotes innovative companies with solutions for a more sustainable future. With Stockholm being the first Green Capital in Europe this year, the opportunity to showcase European cleantech solutions in Stockholm is excellent, says Ulla Hamilton, Deputy Mayor City of Stockholm
- The Stockholm Cleantech Venture Day is held for the fourth consecutive year, and we can now see the results. Previous years’ winners of the Cleantech Company of the Year award have funding as a result, and this really motivates us to make this year’s event the most interesting yet, says Magnus Rehn, Business Coach at the business incubator STING (Stockholm Innovation & Growth).
These are the selected companies:
Applied Nano Surfaces
Bubble Expansion Valve AB
Capee Group AB
Global Sun Engineering AB
Langlee Wave Power AS
Ocean Harvesting Technologies AB www.oceanharvesting.com
Svenska Aerogel AB
About Stockholm Cleantech Venture Day 2010:
About Kista Science City:
About EIT The KIC Inno Energy:
STING (Stockholm Innovation and Growth) , Kista Science City AB and KIC InnoEnergy have joined forces to co-organise Stockholm Cleantech Venture Day 2010, which will be held in Kista Science City.
For more information about the companies please contact:
Magnus Rehn, STING (Stockholm Innovation & Growth, +46 705 12 05 48
Kista Science City AB: Our aim is to help you to establish your business in Kista Science City. We achieve this in part by offering strong support to innovation and new growth companies. And also through marketing and information about the advantages of Kista Science City, its business community and leading position. KSC AB coordinates all the robust networks that constitute the engine of Kista Science City's ecosystem for growth. Several annual events and meetings are also arranged for key people in industry, academia and research. We are a natural part of one of the most interesting areas in Europe: Stockholm the Capital of Scandinavia.