EU Readiness Package
Climate change and reducing greenhouse gas emissions are high priorities on the European agenda and many events, conferences and meetings are taking place to find innovative solutions to current problems. The most important of which is the twenty-second UN Climate Conference in Marrakech form 7 to 18 November, known as COP22.
COP - Conference of the Parties - is the supreme decision-making body of the United Nations Framework Convention on Climate Change (UNFCCC), operational since 1994. Paragon Europe Chairman Mr. Edwin Ward together with members from the Project Management team have attended COP22 to find out about the latest efforts to accelerate the Paris Agreement’s implementation. During this time, Paragon Europe was also unanimously approved as a member of MEDENER – the Mediterranean Association of the National Agencies for Energy Conservation.
In the meanwhile, another relevant conference in Rimini, Italy took place between 8 and 11 November - the Climate-KIC Project Accelerator Programme International Bootcamp. The Accelerator Programme started in October with a first local bootcamp in each of the participant regions, followed by this international one in which 56 start-up companies (approx. 120 participants) from eight countries (Bulgaria, Cyprus, Latvia, Malta, Portugal, Serbia, Romania, Estonia and Slovenia) have met in Rimini, Italy and have participated in the internationally renowned Ecomondo Fair. At the end of November, the final local bootcamp will take place in Malta. The Accelerator bootcamps will be followed by coaching and mentoring on a one-to-one basis with each start-up company.
Climate-KIC is the only EU Acceleration plan focussed on climate impact by cleantech commercialisation in order to create investable bankable or feasible businesses, with products and services delivered to the first client in within 12-18 months. The Climate-KIC public and private partnership addresses climate change through innovation to build a zero-carbon economy across four main fields: urban areas, land use, production systems, decision metrics and finance.
Climate-KIC is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union. The EIT Regional Innovation Scheme (RIS) is a programme to increase the innovation capacity of European regions that don’t yet benefit directly from the EIT and its Knowledge and Innovation Communities (KICs). Malta is one of these, and this is the first international bootcamp in which six Maltese start-up companies have attended with a total of 10 participants.
The aim of the RIS Accelerator Programme is to connect Climate-KIC with selected partnerships from business, higher education and research, as well as regional policy-makers, public entities and other stakeholders to encourage innovation in climate change approaches in Europe.
The international bootcamp was an eye-opener and a reality check which I needed to go through. The coaches were very experienced and very engaging in their delivery. I wish we had more time to get in more detail in certain aspects. Well done to all those involved.
The International Bootcamp provided us with a deep understanding of the most important aspects when developing the business idea to a product or service and to focus primarily on the customer needs. It was a day full of business interactivity and knowledge both from the well-experienced speakers and also between all the participants.
The Ecomondo Fair introduced us to new green technology markets which were new to us and which we could understand better during this fair. It also gave us the opportunity to talk with prospective suppliers and also seek other related business opportunities.
The experience at the international bootcamp was highly interesting. The events were very well coordinated. In my opinion however, the bootcamp should have lasted at least 2 days. Considering that a lot of startups were flown from all over Europe, it would have made sense to add more material to the course as well as to include time for a better participant co-participation. Overall however, a very positive experience.