Portfolio news 2010
Xeros Ltd, Oxford Catalysts Group plc – 20 of the UK’s best growing Clean Tech companies to visit Silicon Valley
01 Feb 2010
Some of the UK’s most successful and promising clean
technology businesses are to take part in a mission to Silicon
Valley where they will showcase their technologies and work to
start opening their businesses up to an international market.
Clean and Cool Mission 2010, will give the entrepreneurs behind
some of UK’s most innovative and growing clean technology
companies, the opportunity to engage with the US’s top
technology businesses and see how they are approaching the emerging
market opportunities that the race to address climate change
presents. The mission, which takes place between 20th and
26thFebruary, is designed to ensure that the 20 companies taking
part benefit from the collective impact of a well run trade
mission.
The businesses, already highly successful in the UK, will meet the
media, peers from around the world, investors and potential
partners; they will also engage with experts on the financial and
public policy agendas relevant to clean technology businesses
operating in the US.
Organised by Technology Strategy Board, UK Trade and Investment,
Polecat, Volans and Enterprise UK and supported by Orrick, BP
Alternative Energy and Cleantech Group the mission is designed to
make it easier for some of the most innovative and enterprising
entrepreneurs in the UK’s Clean Technology sector to take
their businesses into the global marketplace.
Iain Gray, Chief Executive of the Technology Strategy Board said:
“The real story here is about these very successful UK
business people who have embarked on innovative ventures in a new
but growing sector. They are pioneers and we are working with them
because we want to see them find their place in what looks set to
become a successful international market.”
Martin McAdam, Chief Executive Officer of Aquamarine Power, one of
the companies selected to participate in the mission, said:
“The Clean & Cool Mission is a fantastic opportunity for
Aquamarine Power to showcase our world-leading Oyster wave energy
technology in the US, as well as exchange knowledge, expertise and
contacts with our American counterparts. At Aquamarine Power,
we’ve gone from a technology concept to a successful business
employing over 45 exceptionally talented people. We’re now
looking forward to demonstrating our potential for commercial
success on a global scale.”
Editor’s notes
- The 20 companies
produce and are developing a wide range of clean technologies from
‘straw bale low impact buildings ’ to ‘waterless
washing machines’, ‘hydro- and wave- power energy
generating devices’ and much more.
The companies are:
- AMEE
- Aquamarine Power
- Artemis Intelligent Power Ltd
- Breathing Buildings Ltd (previously E-Stack Ltd)
- Diverse Energy Ltd
- DIY Kyoto
- Evince Technology Ltd
- EVO Electric Ltd
- HydroVenturi Limited
- Integrated Environmental Solutions Ltd
- Intelligent Energy
- Isentropic Limited
- Juice Technology Limited
- Metalysis
- Microsharp Corporation Ltd
- ModCell Limited
- Nexeon Ltd
- Oxford Catalysts Group plc –
www.oxfordcatalysts.com
- PassivSystems Ltd
- Xeros Ltd –www.xerosltd.com
- Clean tech businesses were invited to compete for the
opportunity to take part and in all there were over 150
applications with 20 businesses selected for the mission by a panel
of judges made up of representatives from sponsor
organisations.
- The successful companies were announced at private event
in London on Feb 1www.cleanandcoolmission.com st. Photographs are
to be made available for use by the media at
- More information is available at
www.cleanandcoolmission.com and you can follow
the progress of the 20 companies during their visit to registering
on our social media pages on this site. We plan to include: an RSS
feed, profiles of mission attendees, twitter fountain, video blogs
from businesses, and a daily web log.
- Supplementary quotes:
John Steedman - European lead for Venturing, BP Alternative
Energy said:
“The Clean & Cool Mission represents an amazing
opportunity for the best of entrepreneurial UK talent to visit
Silicon Valley to understand for themselves how the US has
developed a complete cleantech innovation ecosystem and
successfully commercialised ideas.”
John Elkington, Founding Partner & Executive Chairman of Volans
said:
“There is pressing need for climate change mitigation and
adaptation over the next 50 years and clean technology is already
one of the world’s fastest growing markets. UK businesses in
this field need to expand and thrive enough now to be able to keep
a firm foothold in this market in the future.”
- The mission will coincide with the annual Cleantech Forum
which takes place in San Fransisco between
24-26www.cleantechforum/sanfrancisco10/index.cfm th February 2010
and will bring together 1,000 industry leaders. For more
information please visit
- If you require any further media support in the run up to
or during the mission, including opportunities to interview
individual businesses and representatives from all of the
organisations involved, please contact our Media Relations Manager,
Claire Cunningham. Tel: 01793 442901 Mob: 07554 115745- email:
claire.cunningham@tsb.gov.uk
- The Technology Strategy Board is a business-led executive
non-departmental public body, established by the Government. Its
role is to promote and support research into, and development and
exploitation of, technology and innovation for the benefit of UK
business, in order to increase economic growth and improve quality
of life. It is sponsored by the Department for Business, Innovation
and Skills (BIS). For more information please visit
www.innovateuk.org.
- UK Trade & Investment (UKTI) is the British
government organisation that helps overseas companies bring high
quality investment to the UK and also helps UK-based companies
succeed in an increasingly global economy. UKTI provides a range of
expert services, individually tailored to maximise a
company’s international success. These services are offered
through a network of international specialists in British Embassies
and other diplomatic offices around the world, as well as key
experts in government departments across the UK. For more
information please visit www.uktradeinvest.gov.uk
- Polecat is a market intelligence company. Polecat’s
product, MeaningMine, enables strategic decision-makers such as the
Technology Strategy Board to better understand the environment in
which they work surfacing emerging and dominant trends, influencers
and perception statistics. For the Clean & Cool Mission,
MeaningMine is monitoring the online discussions, topics, key
influencers, organizations, and trends of the Cool Economy. For
more information please visit www.meaningmine.com
- Volans. Focusing on the business of social innovation,
Volans is part think-tank, part consultancy, part broker and part
incubator. Volans works globally with entrepreneurs, businesses,
investors and governments to develop and scale innovative solutions
to financial, social and environmental challenges. For more
information please visit www.volans.com.
- Enterprise UK Enterprise UK gives people the skills,
confidence and ambition to be enterprising, through four programmes
of work promoting enterprise for now and for the future, globally
and locally. Founded in 2004 by the British Chamber of Commerce,
the Confederation of British Industry, the Institute of Directors
and the Federation of Small Businesses, it is sponsored by the
Department for Business, Innovation & Skills (BIS), and chaired
by the entrepreneur Peter Jones. For more information please visit
www.enterpriseuk.org
- Orrick, Herrington & Sutcliffe LLP is a global law
firm with more than 1,100 lawyers in 21 offices. Orrick’s
Emerging Companies Group is a multidisciplinary group of lawyers
that merges deep experience and commitment to high-growth
businesses with a global platform that scales with its clients as
they grow. Representing more than 600 venture-backed emerging
companies worldwide, the Group runs a strong network with more than
100 venture capital firms, banking and accounting firms, national
laboratories, universities and public companies in Europe, the
United States and Asia. For more information, please visit
www.orrick.com/emerging
- BP Alternative Energy, launched in November 2005, is a
portfolio of some of the fastest growing energy businesses in the
world today. The portfolio includes wind, solar, hydrogen power and
alternative energies including advanced biofuels and the capture
and storage of carbon dioxide from traditional fossil fuels. With a
commitment to invest $8bn up to 2015 in renewable energy sources,
Alternative Energy is an integral part of BP. To find out more
visit www.bpalternativenergy.com
- The Cleantech Group pioneered clean technology as an
investment category in 2002. The company has played an influential
role in the development of the sector, fostering growth through
information products, world class industry connections and custom
advisory services. Since its inception, the Cleantech Group has
focused on providing insight, business opportunities and
relationships that catalyze the growth of cleantech markets
worldwide, through 3 distinct services: Research, Advisory Services
and Events. Today, as a global company with offices in North
America, Europe, India, China and Middle East, the Cleantech Group
is uniquely positioned to help clients take advantage of the
worldwide opportunities represented by clean technology. For more
information please visit www.cleantech.com
Media contact:
Claire Cunningham
Media Relations Manager
Technology Strategy Board
Tel: 01793 442901
Mob: 07554 115745
Email: claire.cunningham@tsb.gov.uk
Clean and Cool Mission 2010 /Feb 2010 /Claire Cunningham.
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