Prizes in the International Climate Adaptation Business Challenge
ROUND 1Climate Adaptation Boot Camp
Are you eager to learn how to start-up your new business? By entering the competition, you might end up in the Climate Adaptation Boot camp: a two-day fast track course and workshop by a Climate-KIC team of international, business coaches. The programme is covering all aspects of a high level pitch deck. The format can be best described as lectures, followed by practical work and peer2peer presentations. The topics covered are:
- Team (founders dream and vision)
- Who is my customer? (what pain does my customer have)
- What can I do for my customer? (what painkiller can I offer)
- How do I make money? (business model and some finance)
- Pitch training
After Boot Camp teams have sharpened minds on their business propositions, market segmentation and financial business models; they are able to pitch professionally to the jury at the finals during the Delta II Conference.
ROUND 27,500 euro for business plan development
Winners of Round 2 will receive maximum 7,500 euro for the development of a detailed and high-quality (pre)business plan. In addition to this financial support, you may use the support of the Climate-KIC business coaches to refine your plans.
FINALSKnowledge for Climate cash
Winners of the 1st and 2nd prize in the Finals receive an amount by Knowledge for Climate of 25,000 euro and 15,000 euro respectively. This amount will be used for the implementation of your (pre)business plan and can be spent in agreement with Knowledge for Climate.
Winners of the 3rd and 4th prize in the Finals will receive a Climate-KIC Voucher of 25,000 euro and 15,000 euro respectively. The SME Voucher enables you to use the knowledge of experts for further development of your business model. Vouchers may be converted for technology validation, certification, research or consultancy, it is not cash money. Climate-KIC Vouchers offer the opportunity to work with our best experts to refine, test and develop your product portfolio. After identifying the right Climate-KIC partner, in any of our locations, vouchers can be used to exchange knowledge in small business development projects.
Wild card Climate-KIC Accelerator
All winners will receive a wild card for the Climate-KIC Accelerator. The aim of the programme is to accelerate towards an investable start-up with launching customers in about 12-18 months. Only the best start-ups will be accepted in stage 1 and benefit from the intensive training programme, business coaching and additional financial support of 10,000 euro. The wild card for the winners of the Climate Adaptation Business Challenge offer the opportunity to skip pre-selections for acceptation in the Climate-KIC Accelerator. Use your wild card to pitch for the Review Board and you are just one step away from commercialization of your business idea.