Press Release – ISC3 Investor Forum 2021 & AWARD CEREMONY FOR THE ISC3 INNOVATION CHALLENGE 21/22 IN SUSTAINABLE CHEMISTRY AND RENEWABLE ENERGIES
This year’s Investor Forum 2021 took place in the frame of the very first "Global Sustainable Chemistry Week (GSCW)" hosted by the International Sustainable Chemistry Collaborative Centre (ISC3). A total of 170 international guests from start-ups, finance, industry, science, NGOs and politics took part in the virtual third international Investor Forum of the International Sustainable Chemistry Collaborative Centre (ISC3).
Frankfurt am Main, 9-11 November 2021 – This year’s Investor Forum 2021 took place in the frame of the very first "Global Sustainable Chemistry Week (GSCW)" hosted by the International Sustainable Chemistry Collaborative Centre (ISC3). A total of 170 international guests from start-ups, finance, industry, science, NGOs and politics took part in the virtual third international Investor Forum of the International Sustainable Chemistry Collaborative Centre (ISC3).
The ISC3 is pleased to announce the successful conclusion of its third Virtual Investor Forum. During the three-day expert event, the ISC3 brought together innovative sustainable chemistry and renewable energy solutions in front of distinguished international investors. Throughout this event, investors had the opportunity to interact firsthand with our sustainable chemistry Start-ups and engage in in-depth conversations about their solutions. Additionally, the ISC3 presented diverse panels in the topics of new and alternative business models; regulation and reporting in connection with chemical-related restrictions and the role of sustainable chemistry in the energy transition and ways forward and concluded the ISC3 Innovation Challenge 2020/2021 with the award ceremony.
In our three-day event, Dr. Alexis Bazzanella, Director of the ISC3 Innovation Hub, welcomed the international audience and was complemented by Ms. Andrea Ortega, Junior Communication Manager ISC3 IH, Germany, and Ms. Juanita Halblaub, International Relations Manager ISC3 IH, Germany, who then led through the sessions on the second and third conference day respectively.
On the first day, the session opened with an introduction on alternative and sustainable business models held by Prof. Dr. Thomas Clauß, WIFU-Endowed Chair for Corporate Entrepreneurship & Digitalization in Family Business at Witten/Herdecke University, Germany; Adjuct Professor for Business Model Innovation at University of Southern Denmark, Denmark. Followed by a panel discussion, moderated by Ms. Alicia Sornson, Manager, Programs and Partnerships - MENA at Village Capital, United States of America. Together with Ms. Zubeida Zwavel, Executive Director at the Centre for African Resource Efficiency and Sustainability (Cares), Republic of South Africa, Mr. Thomas Jakl, former President of EU Council working group on international environmental policy (chemicals) and Registration, Evaluation, Authorization and Restriction of Chemicals (REACH), Co-Author of "Chemical Leasing" and "Chemical Leasing goes Global", Austria, Prof. Dr. Thomas Clauß, WIFU-Endowed Chair for Corporate Entrepreneurship & Digitalization in Family Business at Witten/Herdecke University, Germany and Adjuct Professor for Business Model Innovation at University of Southern Denmark, and Mr. John Kayenje, Cost Containment Manager, Crown Beverages Ltd., Uganda, she discussed the topic of sustainable and alternative business models.
On the second day, the session opened with a discussion on Finance and Sustainability as an Introduction to the current Taxonomy Discussion held by Mr. Blake Goud, CEO at Responsible Finance & Investment (RFI) Foundation, United Kingdom. Followed by a panel discussion, moderated by Ms. Cornelia Frentz, Manager Corporate Governance at European Circular Bioeconomy Fund (ECBF). The panelists consisted of Mr. Blake Goud, CEO at Responsible Finance & Investment (RFI) Foundation, United Kingdom, Prof. Dr. Marzia Traverso, Rapporteur at the Technical Working Group European Platform on Sustainable Finance, Belgium, Prof. Dr. Martin Führ, Research focuses on environmental law and industrial plant law, and regulatory impact assessment, legal expert for the German Bundestag, and Mr. Peter van der Zandt’s, Director of Risk Management at the European Chemicals Agency, Finland.
And finally during the last day, Dr. Alexis Bazzanella, Director of the ISC3 Innovation Hub moderated a lively panel discussion on the Role of Sustainable Chemistry in the Energy Transition and Ways Forward between Mr. Thomas Goergen, VP Global Alliance Management at Covestro Deutschland AG, Germany, Dr. Soren Bowadt, European Commission, Deputy Head of Unit “B3 Industry”, European Health and Digital Executive Agency (HaDEA), Belgium, Ms. Sonia Rueda, Chemical Industry Advisor at GIZ PtX-Hub, Germany, Mr. Florian Sigmund, Investment Manager at frankly.green, Germany, and Ms. Florentine Van den Eerenbeemt, Responsible Investment Specialist at NN Investment Partners, Netherlands.
All three panel discussions were complemented by pitching sessions with a total of 20 innovative start-ups on all three event days. In addition, further 20 start-ups from the field of sustainable chemistry presented their innovations on a separate meeting platform for investors and start-ups, as well as in a digitally available IF21 Investor Brochure. During the individual start-up and investor meetings, a total of almost 1000 minutes of B2B meetings were streamed, and it is expected that even further meetings between the ISC3 GSS start-ups and registered 20 top-tier investors might be scheduled during the next year.
In addition, the best start-up pitch per event day was selected by the international audience and celebrated with an ISC3 Investor Forum Audience Award. The winners are the following:
The Egyptian start-up "Mycelium", winner of the first day, is a biotech start-up that produces an innovative and plastic-like material from mushroom and crop waste. The Ugandan start-up “Ouroots Africa”, winner of the second day, provides plant based sustainable alternatives to single use plastic and other plastics that are 100% biodegradable and compostable. The winner of the third day, the Kenyan start-up “LeafyLife” is recycling waste diapers and sanitary pads into a fuel gel that emits 76% less carbon dioxide, no carbon monoxide, and no smoke or soot that lasts 10% longer than kerosene.
The ISC3 Investor Forum ended with the announcement of this year’s winners of our Innovation Challenge on Renewable Energies and Sustainable Chemistry. The ISC3 Innovation Challenge aims to engage, award and promote sustainable chemistry innovators and their original solutions.
The Investor Forum 2021 was organized by the ISC3 Innovation Hub located at DECHEMA e.V. in Frankfurt. The hub is also home to the Global Start-Up Service that accompanies innovations in the field of sustainable chemistry in all development stages, from the laboratory to market maturity to expansion phase. In addition to events such as the Investor Forum, the Global Start-up Service of the ISC3 supports international sustainable chemistry start-ups with a variety of further interesting support services.
The fourth Investor Forum organized by ISC3 and its international partners is currently scheduled for autumn/winter 2022, with the innovation challenge 2021/2022 focusing on "Sustainable Chemistry and Waste: Prevention, Valorization & Management".
If you are a stakeholder interested in working with ISC3 as a partner, applying for the ISC3 Innovation Challenge 2021/2022, or if you would simply like to know more about ISC3’s activities, please visit our website at www.isc3.org.
AWARD CEREMONY FOR THE ISC3 INNOVATION CHALLENGE 21/22 IN SUSTAINABLE CHEMISTRY AND RENEWABLE ENERGIES
This year’s competition winners and announcement of the ISC3 Innovation Challenge 2021/2022
On November 11th, the winners of the ISC3 Innovation Competition 2020/2021 with a focus on Sustainable Chemistry and Renewable Energies were announced as part of the virtual Investor Forum 2021, and the winning innovations were selected at a festive award ceremony. The Challenge aims to engage, award and promote sustainable chemistry innovators and their original solutions.
The main winner of the ISC3 Innovation Award in Sustainable Chemistry and Renewable Energy, endowed with €15,000, was the Estonian start-up UpCatalyst. The start-up produces sustainable carbon nanomaterials from CO2 and waste biomass for a vast range of applications from battery technologies to biomedicine.
The Nigerian start-up Shobab Energy won the innovation prize in the awarded category "Best Regional Impact", endowed with €5,000. Ms Tosin George, Founder of Shobab Energy, is positioning to deliver sustainable, reliable, and affordable electrification best fit for off-grid communities via a hybrid system using biomass resources and Solar PV technology.
And the Kenyan start-up LeafyLife not only won the hearts of the audience on the third conference day, but also the Innovation Challenge Award 2020/2021 in the category "Best Social Impact", endowed with €5,000. LeafyLife recycles waste diapers and sanitary pads into a fuel gel that emits 76% less carbon dioxide, no carbon monoxide, and no smoke or soot. and thus provides clean fuel for safer and healthier African homes while cleaning the environment and mitigating climate change.
The ISC3 would like to thank all sustainable chemistry changemakers and our expert jury consisting in 30 international judges for their important advancements and their participation in this second international contest dedicated exclusively to sustainable chemistry solutions only.
The call for applications for the next Innovation Challenge 2021/2022 that focusses on finding and awarding solutions from the field of “Sustainable Chemistry and Waste: Prevention, Valorization & Management” will start in January 2021.
For further information on the competition, eligibility, and how to register your participation in the 2022 edition of the ISC3 Innovation Challenge, please visit the ISC3 website at https://www.isc3.org
About the ISC3
The ISC3 is an international centre promoting and developing sustainable chemistry solutions worldwide. It is a globally acting centre, a multi-stakeholder platform that engages with civil society, politics, and the private sector to contribute to international chemicals policies and the formation of a global network for collaboration, innovation, research, and education on Sustainable Chemistry. The centre was founded in 2017 on the initiative of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) and the German Environment Agency (UBA). The ISC3 is anchored in the German GIZ (Gesellschaft für Internationale Zusammenarbeit) and has established a Research & Education Hub at Leuphana University, Lüneburg, and an Innovation Hub at DECHEMA e.V., Frankfurt.
Astrid Ewaz, Project Manager/Events, ISC3 Innovation Hub
T +49 69 7564-623, E astrid.ewaz©isc3.org
Ready, set, here come the changemakers!
The voting period of the second ISC3 Innovation Challenge that called for innovations in the field of Renewable Energy and Sustainable Chemistry Solutions just ended. It received a large number of top-notch applications from six continents and 28 countries.
Renewable Energy and Sustainable Chemistry Solutions
The Challenge is organized annually with a changing thematic focus, and the final applications selected span a broad range of renewable energy and sustainable chemistry solutions. This year, the ISC3 was specifically looking for sustainable chemistry solutions from fields such as renewable energy supply and greenhouse gas reduction, performance of materials and technologies, chemical production technologies based on carbon neutral energy and CO2 feedstock supply, durability and resilience, renewable energy sources as feedstock supply in chemical transformations, and storage capacity building.
After a long and careful preparation and selection process that already started out in March 2021, the following start-ups made it through to the ISC3 Innovation Challenge 2021 finals competing with 62 further start-up solutions (alphabetic order):
- BioCORE; Stephan Herrmann, Germany:
BioCORE’s new system design is intended to significantly increase the efficiency of the fuel cell system compared to the state of the art and to enable reversible operation. In this process, excess generation from wind turbines and photovoltaics is converted into synthetic methane by electrolysis and fed into the natural gas grid.
- Geyser Batteries Oy; Daria Hedberg and Anu Rousku, Finland:
Geyser Batteries Oy develops and manufactures a new class of high-power, water-based, non-lithium batteries, which are capable of over one million fast charging cycles even at ultra-low ambient temperatures. The batteries have the lowest carbon footprint across the industry and are competitively priced.
- IC2R Innovative; Michele Aresta, Italy:
IC2R developed an effective photochemical CO2-recycling process enabling conversion of alcohols into linear carbonates, using CO2 in solventless conditions or in water. The abundant metals (non-precious) which are used as catalyst are recoverable and reusable in an innovative process that minimizes waste production.
- LeafyLife; Peter Gachanja, Kenya:
LeafyLife is improving lives of families, women, and youth in Sub-Saharan Africa by converting waste diapers and sanitary pads into clean and affordable cooking fuel. Thereby contributing to better air quality and less respiratory diseases in rurally situated African homes and saving the environment by considerably reducing the output of critical greenhouse gas.
- Shobab Energy; Oluwatosin George, Nigeria:
Shobab Energy is using waste from oil palm-productions as biomass resource in combination with solar photovoltaics to provide universal access to modern energy services. These decentralized systems allow 85 million Nigerians to gain access to more sustainable electricity and prevent smoke pollution.
- ESy-Labs GmbH; Tobias Gärtner, Germany:
ESy-Labs produces specialty chemicals as well as pharmaceutical compounds through electrosynthesis instead of the use of unsustainable, expensive, toxic and stoichiometric reagents. In addition, high-throughput screening and AI will support scale up from existing lab to technical scale.
- UP Catalyst; Gary Urb, Estonia:
UP Catalyst uses molten salt carbon capture and electrochemical transformation to reprocess CO2 and produce valuable carbonaceous nanomaterials that can be used in top quality materials which have a vast range of applications, e.g. in battery and supercapacitor technologies.
We would like to extend our heartfelt thanks to our international judging panel of 30 independent reviewers, amongst which ISC3 partner organization representatives, ISC3 Advisory Board members, and individually assigned external experts, who made it possible to professionally assess all applications on a very high level.
All finalists will get access to the customized support of the ISC3 Global Startup Service (ISC3 GSS) Programme in the form of an online start-up training. They will be featured via the ISC3 communication channels as a “lighthouse case study for sustainable chemistry innovation”.
On the basis of their presentation in the end of the training, five finalists will be shortlisted and given the chance to compete to win EUR 15.000 and pitch on November 11th, 2021 late afternoon CET during the upcoming all virtual third ISC3 Investor Forum 2021 that will be held in the frame of the first online ISC3 Sustainable Chemistry Week 2021.
To learn more about our ISC3 Innovation Challenge Award nominee’s, and to register for the ISC3 Investor Forum 2021, please visit www.isc3.org.
The ISC3 Investor Forum 2021 is a must attend event for international VCs and angel investors that are looking to invest in innovative sustainable chemistry technologies.
ISC3 Innovation Challenge in Sustainable Chemistry and Renewable Energies: First Application Round closed
The first application round for the ISC3 Innovation Challenge in Sustainable Chemistry and Renewable Energies ended on March 31st 2021. The ISC3 Innovation Hub will select and notify eligible applicants for the application round two from the 50 successfully submitted applications until April 15th, 2021.
The successful applicants from round one will be able to apply for the second round from April 15th to May 31st 2021.
In case you missed the application deadline for the ISC3 Innovation Challenge in Sustainable Chemistry and Renewable Energies, but would be interested in joining the ISC3 Global Start-up Service, please have a look here.
ISC3 Innovation Challenge in Sustainable Chemistry and Renewable Energies
CALL FOR APPLICATIONS FOR THE ISC3 INNOVATION CHALLENGE IN SUSTAINABLE CHEMISTRY AND RENEWABLE ENERGIES
The International Sustainable Chemistry Collaborative Centre (ISC3) launched the call for applications for the ISC3 Innovation Challenge in Sustainable Chemistry and Renewable Energies. The ISC3 Innovation Challenge 2020/2021 addresses innovators from around the world which are active in developing sustainable chemistry solutions linked to renewable energies. Five finalists will receive access to the customized support within the ISC3 Global Start-up Service as well as pitch training, networking possibilities and visibility via the ISC3 communication channels.
In the frame of the November-held Investor Forum 2021, the winner of the Innovation Challenge 2021 will be awarded a monetary prize of 15,000 EUR. In addition, the winners of two further categories, namely “Best Social Impact” and “Best Regional Impact”, will receive monetary prizes of 5.000 EUR each. All three winners will also gain Digital Award Credentials including certificate and badge. Contest applications will be accepted from 0:00 a.m. (CET) December 18, 2020 until 0:00 a.m. (CEST) April 1, 2021.
The ISC3 Innovation Challenge aims to engage, award and promote sustainable chemistry innovators and their original solutions, since the transformation of the chemical sector plays a key role towards achieving most of the UN Sustainable Development Goals. The ISC3 Innovation Challenge is held annually and is thematically oriented on an annually selected focus topic. The first ISC3 Innovation Challenge 2019/20 called for innovations in the field of Sustainable Living and Building. The second ISC3 Innovation Challenge 2020/2021 is dedicated to innovative Sustainable Chemistry and Renewable Energy solutions, such as:
- Sustainable chemistry solutions for renewable energy supply and greenhouse gas reduction
- Performance of materials and technologies
- Chemical production technologies based on carbon neutral energy and CO2 feedstock supply
- Durability and resilience
- Renewable energy sources as feedstock supply in chemical transformations
- Storage capacity building
Proposals submitted by innovators and entrepreneurs from developing countries and tackling challenges in developing countries are particularly encouraged, as are proposals coming from female entrepreneurs.
After the proposal evaluation period (June 1 – July 9, 2021), the five finalists will be officially announced after July 15, 2021. The Innovation Challenge Award Ceremony will be held in the frame of the Investor Forum in November 2021.