Top 30 Finalists for GCCA Later Stage Award

Representing the Most Innovative and Quickly Growing Green Technology Companies

By Angela Guss
Thursday, October 13th, 2011

Since May, we here at Green Chip Stocks have been posting Weekly Cleantech Cluster Spotlights highlighting the work of the Global Cleantech Cluster Association's (GCCA) member organizations...

Included in these spotlights have been the nominated companies for the GCCA's 2011 Later Stage Award.

Each cluster conducted internal evaluations to nominate up to 10 companies in 10 categories — including solar, wind, energy storage, green buildings, and water.

In total, these member clusters nominated 185 companies for the 2011 Later Stage Award.

On October 12th at the 11th European Forum on Eco-Innovation in Lahti, Finland, the GCCA announced its Global Top 30 Semi-Finalists for the Later Stage Award.

“Narrowing down 185 nominations from cleantech clusters all over the world down to 30 was a very competitive process,” said Ben Taube, Chairman of the GCCA. “These Top 30 Finalists are the rising stars of the world’s clean technology sector."

The finalist companies span North America, Europe and Asia, representing the most innovative and quickly growing green technology companies in the world.

The finalists will be judged by 28 cleantech venture capitalists, investors, and serial entrepreneurs who collectively manage $3.5 billion in clean technology investment. Winners in the 10 Later Stage Award categories will be receive international investment exposure.

“These companies, with their customers and revenue, are building significant green collar economies in the regions where they operate,” said Shawn Lesser Co-Founder of the GCCA.

“For the health of the planet, both economically and environmentally, we are committed to spotlighting these game-changing companies on the world stage.”

The Top 30 finalists were selected through a rigorous Keystone Method™ developed at the University of Michigan by GCCA Head Judge Dr. Peter Adriaens and CleanTech Acceleration Partners.

“The Top 30 Finalists have demonstrated strong product differentiation, viable business models and have secured solid market traction, in their various clean technology sectors,” said Dr. Adriaens.

“Narrowing down the nominations from 185 to 30 was a detailed and arduous process. The 2011 Global Top 30 truly are the world’s best in class cleantech companies.”

Ten Later Stage Awards recipients will be announced on November 14th in Dublin, Ireland, at the Dublin Cleantech Forum and GCCA Later Stage Awards Dinner. Co-hosted by An iSli Ghlas - The Green Way, Ireland’s cleantech cluster, the full day executive event features CEO presentations and high-level discussions on the most critical topics for emerging clean technology companies and investment opportunities.

To view the Top 30 Finalist, click here.

Until Next Time,

Angela Guss


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Editor's Note: From solar and wind to geothermal and biofuels, Green Chip readers want to know which renewable energy resource will take over where fossil fuels leave off. The answer is...all of the above!

There is no one single solution to today's energy crisis. However, the combination of all viable renewable energy resources, coupled with energy efficiency, conservation and smart grid development will not only lead us to energy independence and a cleaner, more sustainable energy infrastructure — but also to what will soon prove to be the greatest investment opportunity of the 21st Century.







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