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In the year On 5 October 2022, as part of the Green Energy Africa Summit (https://GreenEnergyAfricaSummit.com), South Africa’s cleantech startups and entrepreneurs will have the opportunity to pitch in a room full of potential international and local investors. To support investment opportunities.
An initiative of the Hive Group behind Mineral Indaba, Africa Oil Week and the Green Energy Africa Summit, the event brings together local cleantech projects to pitch their companies to high-profile investors. Together, they hold more than $100 billion worth of investments.
Hive Group has partnered with Saldanha Bay Innovation Campus (SBIC) and consulting firm RIIS to identify local startups and entrepreneurs who fit the bill. The Saldanha Bay Innovation Campus is an initiative of the Saldanha Bay Industrial Zone (SBIDZ) to support Saldanha becoming a world-class maritime and energy industry hub. At the forefront of research, development and innovation. Preliminary and Shortlist – Following the application process, shortlists will travel to the playoffs in October.
The CEO of Saldanha Bay Industrial Development Zone, Mrs. Kashifah Beaux, said the television event offers an amazing opportunity for local start-ups that is not easily available. “Finding suitable investment partners can be an extremely challenging task for even the most experienced companies. For start-ups and entrepreneurs, with limited resources, not being able to access the right funding channels is at odds with South Africa’s development goals.”
Nominated candidates not only get opportunities to pitch to investors, but also receive free business training in preparation for the event. Davis Cook, CEO of RIIS, explains that entrepreneurs and startups typically focus on prototyping and product development while paying the necessary attention to business. “Taking a business to market requires special attention from an investor’s perspective, and while they may demonstrate technology readiness, young businesses are rarely business ready. We believe that providing support to selected applicants prior to the voting session will allow them to make the most of this exciting opportunity.”
The Hive Group is eager to see the results of the Energy Investment Village, the official name given to the pitching event. Paul Sinclair, Vice President of Energy and Director of Government Relations for Africa Fuel Week and Green Energy Africa Summit, believes that the field session could be the way forward for the Green Energy Africa Summit. “As demand grows to put viable and innovative green energy solutions on the table in South Africa, the Green Energy Africa Summit is eager to play its part in enabling such initiatives to emerge.
Distributed by APO Group on behalf of Green Energy Africa.
For more information or to request an interview, please contact:
Melita Manser
Group account director
African Oil Week by Ogilvy PR South Africa
+27 76 449 1271
[email protected]
Kerin McKay
Public relations and communications manager
+27 82 334 6165
[email protected]
About Energy Investment Village:
The event, known as the Energy Investment Village, is a half-day parallel session at the Green Energy Africa Summit, which is running alongside its sister Africa Oil Week. Applicants who wish to participate in the pitch opportunity are required to apply online at the Green Energy Africa Summit website at the following url: https://bit.ly/3zzDdBY
Submissions close on 19 August 2022.
About the Hive Team:
Hive Group plc, formerly ITE Group, is an international organizer of exhibitions and conferences. The group organizes more than 130 trade exhibitions and conferences in 14 countries each year and employs more than 1,200 people in 17 offices worldwide.
About Saldanha Bay Innovation Campus:
An inclusive and vibrant innovation ecosystem, the Saldanha Bay Innovation Campus connects people and organizations to advance innovation and technology in the marine and energy sectors. Our role as an innovation campus is to bring together research, development and innovation partners to create lasting impact across society, academia and the public and private sectors. In doing so, industry players are empowered to become agents of innovation and co-create solutions to the most pressing challenges in their sector. https://www.InnovationCampus.co.za
About RIIS:
Innovation and Sustainability Research Institute is a rapidly growing consulting firm, advising international and domestic clients since 2008. RIIS partners with companies and organizations that have an impact on shaping markets and communities. With clients spanning a range of sectors from mining to aerospace technologies, RIIS works at the intersection of corporate strategy, socio-economic development and entrepreneurship and innovation.
RIIS website: www.EnablingInnovation.Africa
This press release was issued by APO. The content is not moderated by the African Business editorial team and the content is not checked by our editorial teams, proofreaders or fact checkers. The issuer is solely responsible for the content of this advertisement.
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