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Climate Launchpad National Final to take place on August 24th

10/08/2020 09:50

The Top-3 teams will win a Ticket for the Regional Final

Everything is ready for this year’s Climate Launchpad National Final, the world’s largest green business idea competition, which will be held on August24thth in Nicosia. The competition is being organised in Cyprus for the seventh consecutive year by Chrysalis LEAP in cooperation with Climate-KIC, EU’s main climate innovation initiative. The competition is being sponsored by PwC Cyprus and Bernhard Schulte Shipmanagement (BSM).

The 11 teams, who represent 11different and innovative green ideas, are ready to present their idea in front of a jury that will comprise field professionals and representatives of the wider business world. The Top-3 teams of the National Final will represent Cyprus at the Regional Final, where teams from Middle East, Eastern Europe and Central Asia will be participating, on the 17th & 18th of September virtually. The Top 15 teams of the Regional Final will get to compete on the Global Grand Final that will be held on September 30 and October 1-2 online.

The top-10 ideas of the Grand Final will win access to the Climate-KIC’s Accelerator, a ‘real life business school’ that focuses on the development and commercialization of cleantech startups, as well as access to further funding. The first winner of the Grand Final also receives a cash prize of €10,000, the runner up gets €5,000 and the team that comes in third place wins €2,500. Start-ups will also have the opportunity to pitch for awards in the Climate-KIC thematic categories such as Urban Transitions, Sustainable Land Use, Sustainable Production Systems and Decision Metrics and Finance.

The Event’s agenda will also include presentations by the start-ups that participate in this year’s Climate-KIC’s Accelerator programme, start-ups that have surpassed the idea stage and are in the process of making their entry to the market and finding customers.

PwC Cyprus continues as Chrysalis LEAP’s Strategic Partner for the sixth consecutive year. In statements, Mr. Evgenios C. Evgeniou, CEO of PwC Cyprus said “Guided by our values which drive all our actions, we continue to actively support Chrysalis LEAP as well as the teams participating in the competition. Encouraging innovation, promoting entrepreneurship and achieving green growth can offer effective solutions to the complex challenges facing society today. Good luck to all teams”.

Gold Sponsor for the fifth consecutive year is Bernhard Schulte Shipmanagement (BSM). Mrs Elena Pantazidou, BSM Director Human Resources Shore, commented that “In the Climate Launchpad National Final, we look forward to seeing how each start-up has adjusted their idea to meet the challenges created by COVID-19. Best of luck to all the teams”.