cleantech open overview

2010 Program

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• Launched in 2006, the world’s largest clean tech businesscompetition and entrepreneur incubator program

• Accelerating businesses in...

• Supports promising entrepreneurs with training, mentoringand exposure.

• Intensive process to ensure promising new technologiesdon’t fail for lack of good business fundamentals.

What is the Cleantech Open?

Air, water, wasteGreen BuildingEnergy efficiency

Renewable EnergyTransportationSmart Power & Storage


Mission: To find, fund, and foster entrepreneurial ideasthat address today's most urgent energy, environmentaland economic challenges.

Cleantech Open creates new jobs and sustainablebusinesses through hands-on mentoring, workshopsand a national clean technology business competition.Additionally, we have a goal to expand into newgeographies and build a unified clean technologyecosystem, resulting in 100,000 new clean technologyjobs by 2015.

Mission: To find, fund, and foster entrepreneurial ideasthat address today's most urgent energy, environmentaland economic challenges.

Cleantech Open creates new jobs and sustainablebusinesses through hands-on mentoring, workshopsand a national clean technology business competition.Additionally, we have a goal to expand into newgeographies and build a unified clean technologyecosystem, resulting in 100,000 new clean technologyjobs by 2015.

Mission


The Model is Working

• Since 2006, over 190 teams have competed the program.• Over $3MM of prizes have been awarded.

• 80% of companies remain economically viable today

• Alumni have raised over $150MM in private capital.

Building strong businesses tackling ourmost pressing environmental needs.


Sample Participant Company Benefits

• Mentoring over multi-month process and MBA qualitytraining– Each semifinalist team is assigned a C level generalist mentor– All semifinalist have access to specialist mentors

• Opportunities to win “startup in a box” prizes consisting ofcash and services valued up to $250,000– Prizes are awarded at both regional and national levels

• Media recognition and investor exposure on national scale• Access to increasingly global Cleantech ecosystem• Benefits of Alumni program for all semifinalists


Successful Alumni Across All Sectors

Air, Water, Waste

Green Building

Transportation

Renewable Energy

Smart Power

Energy Efficiency

•Earthguard•Microvi Biotech•Porifera

•BottleStone•BuildFast•GroundSource Geo

•ElectraDrive•Mission Motors•Syncromatics

•Focal Point Energy•GreenVolts•1-Solar

•Energy Empowered•Lucid Design Group•Power Assure

•EcoFactor•Adura Technologies•NiLA•Virious Earth


What Alumni Are Saying


BusinessConcentrating PV technology.

CTO Recognition2006 Renewables Category Award, 2007 Alumni Award

Where They Were•An undeveloped business model with a passion for solar energy.•Focused on R&D for utilities.•VC recommended they enter a business plan competition.

Where They Are Now•30+ employees.•Received contract from PG&E to build the largest concentrating PV plant in theworld.•Secured $30MM in Series B financing.

BusinessConcentrating PV technology.

CTO Recognition2006 Renewables Category Award, 2007 Alumni Award

Where They Were•An undeveloped business model with a passion for solar energy.•Focused on R&D for utilities.•VC recommended they enter a business plan competition.

Where They Are Now•30+ employees.•Received contract from PG&E to build the largest concentrating PV plant in theworld.•Secured $30MM in Series B financing.

Alumni Case Study: GreenVolts


Bob Cart, CEO:

“Investors and potential customers have heard ofGreenVolts through the CTO (Cleantech Open). Theyare instantly confident in us as a company because theyknow a distinguished group of investors, financiers,technologists and others have reviewed and endorsedour business plan and early activities.”

Bob Cart, CEO:

“Investors and potential customers have heard ofGreenVolts through the CTO (Cleantech Open). Theyare instantly confident in us as a company because theyknow a distinguished group of investors, financiers,technologists and others have reviewed and endorsedour business plan and early activities.”

Alumni Case Study: GreenVolts


Expanding Footprint

• Regional Competitions– California– Pacific Northwest– Rocky Mountain– North Central

• Successful 2009 launches– Pacific Northwest (WA, OR, AK, HI, ID)– Rocky Mountain (CO, MT, UT, WY, AZ, NM)

• Continued growth in 2010– North Central (Iowa, Kansas, Minnesota, Nebraska, North Dakota, South

Dakota, Wisconsin)– Other potential roll-outs in ‘10: Northeast, Mid Atlantic, South (Texas)– Internationally (continued growth of Global Ideas Competition)


2010 Calendar of Program Events

Competition Opens JanuaryBreakfast Briefings February - MarchThought Leaders Summit (in North Central) April/MayInnovators Matching and Exec Summary (in North Central) AprilCompetition Entry Final Deadline Mid MaySemi-finalist Announcement JuneCleantech Open Conference (in CA) JulySemi-finalist Academy (in CA) JulyBusiness Clinics/Workshops (in North Central) July - AugustFinal Business Plan Due SeptemberRegional Judging and Awards OctoberNational Judging and Awards (in CA) NovemberNational Expo and Awards Gala (in CA) November


Marquee Sponsors

Foundations

Business

Government

Academic & National LabsVenture Capital

cleantech open overview

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