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Business incubators are organizations geared toward accelerating the growth and success of start-up or early stage companies. Besides being a good path to capital, they generally offer coaching and networking connections, and access to services such as lawyers and accountants. To be accepted into an incubator, a project must have a feasible business idea and solid work plan. It is important to find an incubator that is the right fit for your business idea.
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The Global Innovation Lab for Climate Finance
The Global Innovation Lab for Climate Finance is a global initiative that aims to drive private investments into climate change mitigation and adaptation actions in developing countries, by developing implementation-ready projects that address both investors’ and recipient countries’ needs. Inaugurated in May 2014, the Global Innovation Lab for Climate Finance supports the identification and piloting of cutting edge climate finance instruments with the potential for large scale application from proposals gathered from private, public, and civil society organizations from around the world. Analytical and secretariat work of the Global Innovation Lab for Climate Finance is funded by the UK Department of Energy & Climate Change (DECC), the German Federal Ministry for the Environment, Nature Conservation, Building and Nuclear Safety (BMUB), and the U.S. Department of State. Climate Policy Initiative serves as Secretariat, and in collaboration with Bloomberg New Energy Finance, leads the analysis of proposed instruments, drawing on the expertise of Lab members and additional financial and investment leaders as appropriate.
Innovami is a center for innovation and business incubator based in Imola (Italy), which provides multiple services for implementing innovation in companies operating in the following sectors: information technology, electronics, industrial automation, the environment and energy. Innovami’s main objective is to develop new companies that enrich local areas through highly innovative technological ideas. To this end, Innovami offers its know-how, enabling both already established and new businesses to improve their development through the most advanced organizational and operational techniques. In particular, it provides services in three main areas: business incubation, intellectual property, and innovation.
Progetto Manifattura is designed to be a model for sustainable growth that educates the public as it stimulates the green economy. Progetto Manifattura offers entrepreneurs a complete support package designed to assist the aspiring entrepreneur in planning and developing a new business by offering providing an equipped office along with tutoring, training, and other assistance. The program welcomes new companies (less than 2 years old) as well as aspiring entrepreneurs interested in guidance and help in setting up businesses in the areas of green building, renewable energy and technologies for monitoring the environment and managing natural resources. In order to accompany the start up of new enterprises, in particular projects conceived with a high level of social and environmental innovation, Progetto Manifattura also has a new initiative called “Green Innovation Academy”.
ComoNExT offers a “business incubation” service inside the Science and Technology Park in Como, Italy, and provides specialist technical assistance and logistics solutions for turning a good business idea into a start-up. ComoNExt’s incubation provides specially designed services for starting and developing new enterprises, focused primarily on finding the best way to organize innovative ideas and design and periodically review their business plans. It also provides access to STP’s contact network (universities, research centers, businesses, labs, institutions, etc); participation in training initiatives; expert advice and coaching; and facilities ranging from open space to dedicated, furnished workstations accessible 24/7, for exclusive use by start-ups.
The Environmental Business Cluster
The Environmental Business Cluster (EBC) is an award-winning cleantech incubator located in the heart of Silicon Valley and providing marketing support and facilities for emerging companies in the field of clean energy and environmental technology. Founded in 1994, Cluster has helped 150 businesses market their products, and also helps entrepreneurs bag public funding. Graduates include Wasatch Wind, a wind tower manufacturer in Park City, Utah, and Redwood Rubber, a tire recycler in Corte Madera, California.
Houston Technology Center (HTC)
HTC is focused on two critical areas: energy and nanotechnology. In the last decade HTC has spawned 1,000 entrepreneurs who have raised $1 billion in funding. (Just last year HTC companies snared $125 million.) The Center works with 60 companies at a time. Successful grads include NanoRidge Materials, which produces carbon nanotubes to make metal alloys 10 times stronger than steel, and Hydro Green Energy, which produces hydro-electricity using the energy generated not by a dam but by the natural flow of a river or stream.
PoliHub is a business incubator of the Politecnico di Milano (Italy). It supports the growth of high-potential start-ups and the development of strong start-upper networking. PoliHub offers an entrepreneurship empowerment program, a unique business networking for start-ups, with dedicated spaces and a set of innovative value-added services.
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