Innovation Bridge

Program launch for the CET, connecting clean tech entrepreneurs and start ups to corporations and VC.

The Innovation Bridge stemmed directly from the successes of CET's annual prize fund competition.

Transcript

1. ! ! ! ! !
2. Matching corporate needs with cleantech innovation to create business, energy, and resource opportunities We’re matchmakers.
3. CIB MISSION Based on articulated needs and requirements, CIB will efficiently source the best innovations through our wide network of partners to create positive outcomes for corporations, entrepreneurs and the Midwest For Corporations: CIB will communicate end-market needs and requirements to those researchers and early-stage ventures best positioned to present innovative energy technologies and resource solutions For Innovators:
4. TEAM CLEAN ENERGY TRUST #1 Ranked regional clean energy accelerator by U.S. DOE Sole partner with State of Illinois on $5.0M Clean Energy Fund Has administered $XX.XM in state and federal innovation programming since 2010 Maintains network of 360 industry partners & mentors Has provided $1.2M in funding to Midwestern clean energy startups Has supported growth and development of 262 clean energy startups
5. SOLUTION TRACKS FOUR 2 3 4 CIB will undertake four solution tracks across 24 months 1
6. CIB PROCESS STEP ONE CIB will engage with corporate participants to discover, catalog and anonymize energy and resource innovation needs. STEP TWO CIB will recruit researchers and entrepreneurs qualified to provide innovative solutions. STEP THREE CIB will diligence proposed solutions on behalf of corporate participants. STEP FOUR CIB will match corporations with the best, curated solutions from researchers and entrepreneurs. STEP SIX Participants will self-select preferred paths of engagement STEP FIVE CIB will arrange demo-days for innovators to present solutions to corporate participants
7. COLLABORATION OUTCOMES The participants will self-select the preferred paths of engagement, which may include: Self-Selection. •  apprenticeship, •  mentoring, •  strategic partnerships, •  joint ventures, •  corporate development, •  investment opportunities •  business contracts
8. TIMELINE JULY 2014 Call for applicants AUG. 2014 Team Reviews SEP. 2014 Team Pitches/ Showcase (Energy Storage) SUMMER 2015 Second Showcase