Business Success Story ry? Alicja Wiktoria Stoklosa
• Startup Energy Story Outline • Idea • Concept • Program • Startup Energy Companies • Ideas • Work • Achievements • Fears • Benefits • Startup Energy Innovation
Idea How the idea began? Power Research Financial University Company Institution Institution Public Innovation authority Center
Idea Startup Energy Reykjavik Concept Workspace Open to any energy startup ideas Powerful investors 10 weeks mentorship & coaching Pitching to angel investors and Network venture capitalists $ 40,000 seed funding Community IN IN RETURN 60+ Mentors availability 10% equity to SER
Idea How we make it happen? Begin cooperation between Icelandic Geothermal Research Group Iceland ´ s largest Power Company Facilitators: non- profit organizations Iceland ´ s largest Bank Icelandic Innovation Center
Idea How we make it happen? Creating The holding company Startup Energy Reykjavik ik Investing In new innovative ideas Proceeding With mentorship and funding
Concept Stages FORMING COMPANY PROTOTYPE RESEARCH PROJECT IDEA
Concept What do we look at? Does the product/service have the chance to compete on an in international le level? Is the business model scala lable? Is the business idea within the energy sector or related industries? How well does the product/service serve the needs or r solv lve a problem for a selected target group?
Program How we make it happen? The year of Startup Energy Reykjavik Month 1 Month 2 Month 3 Month 5 1. Close for applications 1. Open for applications 1. Kick off meeting 7 1. Investor Day winning teams 2. Choosing TOP finalists 2. Program starts 3. Presentation of top teams 10 weeks 4. Feedback from Mentors
Program How we make it happen? The program gives opportunity: Mentor meetings Management meetings Feedback Company presentation Guest lectures Networking and meet- up Pitch practice Investments
Companies Geo Tech Companies 7 7 Teams per 14 14 Batch Landsvarmi startups 7 Eta-nýtni Geothermal base id ideas 18 18 Geo Entrepreneurs
Companies Startups 7 2015 2014 1. Loki 1. i Geothermal- Expanding gate valves for super- 1. Gerosio 1. ion- Casing materials for super- critical conditions in geothermal critical conditions in geothermal industry www.lokigeothermal.is http://gerosion.com/ 2. 2. XRG Power- Electricity generator from non- boiling 2. Landsvarmi- Consultation in finance, sets up and operation of heat 2. geothermal water www.xrg.com pumps for central heating of houses 3. 3. Keynatura- Production of food, neutraceutical & 3. 3.GeoDrone- Drones (UAVs) and remote sensing technology for pharmaceutical products from algae using Icelandic energy. www.keynatura.is geothermal industry www.geodrone.is 4. 4.Eta Nyt ytni- Small scale Sodium Chlorate production for export and more efficient use of energy.
Companies What do we look for Energy and Technology International possibilities Startup Energy Reykjavík Batch 2014 Scalability Building knowledge & Business Startup Energy Reykjavík Batch 2015
Contact Visit the website for information www.s .startupenergyreykjavik.c .com facebook.com/StartupEnergyReykjavik
Visit the website for latest news www.startupenergyreykjavik.com
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