The final 25 cleantech companies screened and ready to go for Stockholm Cleantech Venture Day 2010

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:

Airwatergreen AB    
www.airwatergreen.com

AltimEco Recycling
Technologies AB
www.altimeco.com

Applied Nano Surfaces    
www.appliednanosurfaces.com

Biorecro AB    
www.biorecro.se

Bubble Expansion Valve AB    
www.bxv.se

Capee Group AB    
www.capeegroup.com/en

Cortus AB    
www.cortus.se

Desinfinator Ltd    
www.desinfinator.com

ECOMATION OY    
www.ecomation.com

Ekomarine AB    
www.ekomarine.se

Global Sun Engineering AB    
www.gsesweden.com

Hexicon AB    
www.hexicon.eu

HiNation AB    
www.hination.com

Langlee Wave Power AS    
www.langlee.no

myFC AB    
www.myfc.se

NeoZeo AB    
www.neo-zeo.com

Ocean Harvesting Technologies AB
www.oceanharvesting.com

RANOTOR AB    
www.ranotor.se

REHACT AB    
www.rehact.com

SenSiC AB    
www.sensic.se

Solarus AB    
www.solarus.se

Solvatten AB    
www.solvatten.se

Svenska Aerogel AB    
www.aerogel.se

There Corporation    
www.therecorporation.com

Watreco AB    
www.watreco.com

About Stockholm Cleantech Venture Day 2010:
www.stockholmcleantechventureday.com

About STING:
www.stockholminnovation.com

About Kista Science City:
www.kista.com

About EIT The KIC Inno Energy:
http://eit.europa.eu/kics1/kic-innoenergy.html

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
magnus.rehn@stockholminnovation.com