Allowed in climate-kic incubation program.
The Climate-KIC Incubation Programme supports entrepreneurs to develop their clean tech venture in three stages. Elemental Water Makers has been allowed into stage 1.Stage 1 – Help entrepreneurs translate inventions into business plans.Open to motivated entrepreneurs with an innovative business idea and/or proof of breakthrough technology that has a substantial climate impact. You deliver a prototype or demo, industry feedback, a team competence assessment and a basic business plan in place including IP.
- Support up to €20k grant
- Access to Business Coach Network
- Access to Climate-KIC Masterclasses
Stage 2 – Help entrepreneurs translate business plans into concrete value propositions.This stage is open to teams with a business plan, with a prototype or demo, substantial industry and user references and management team in place. You deliver a detailed business plan including a business model that has been tested with potential customers, you have a HR & recruitment strategy and an investor presentation.
- Support up to to €25k grant
- Access to Venture Competition
- Access to Business Coach Network
- Access to Climate-KIC Masterclasses
Stage 3 – Help Entrepreneurs translate value propositions into fundable business propositions The last stage of the Incubation Programme is open to startups with a detailed business plan and model, early customers and partners identified and the startup is incorporated (or in process). You deliver a Proof-of-concept, with manufacturing and distribution partnerships in place, IP is secured, there is a launching customer and there is investor feedback.
- Support up to €50k grant
- Access to the Incubation network
- Access to the Venture Competition
- Access to Business Coach Network
- Access to Climate-KIC Masterclasses
The duration of our suppport is 3-6 months for each of the stages, depending on the development path of the startup.
