How to de-risk and increase early-stage investments into climate entrepreneurs and solutions
Neil Yeoh, Echoing Green
There are existing high-potential solutions for addressing climate change with the urgency it requires – but too many of them are stuck in the lab. Many new climate innovations remain bottlenecked, lacking the funding required to catalyze their solution into the marketplace. While the need for catalytic funding and business support is critical for these early-stage businesses, traditional funding models and impact investing have failed to support their development. Hear how early-stage investors and climate entrepreneurs are working to clear the bottleneck for these unique businesses to bring critical innovations from the lab to the market.
#social entrepreneurship, climate change, impact investing, Solutions, startups
Neil Yeoh, Portfolio Manager, Climate Change, Echoing Green Sandra Kwak, Founder of 10Power Angelo Campus, Founder of BoxPower
Etosha Cave, Co-founder of Opus12 Miranda Wang, Founder of Biocellection Sarah Kearney, Founder of PRIME Coalition
How the venture capital model is broken for clean tech -http://energy.mit.edu/publication/venture-capital-cleantech/ How the venture capital model disfavours innovative technology developments -https://hbr.org/2018/04/why-some-of-the-most-groundbreaking-technologies-are-a-bad-fit-for-the-silicon-valley-funding-model The early-stage investment gap that traditional funding mechanisms are not filling, and where philanthropic, government dollars, and angel investment dollars are important -https://d2l8rne3sx3c3l.cloudfront.net/wp-content/uploads/2017/12/Winter_2018_the_investment_gap_that_threatens_the_planet.pdf?x57461