Eight Cambridge Cleantech companies (half the total amount of winners) have come top of the pile of the global RBS Innovation Gateway Competition.
Champions! Cambridge Cleantech members scoop half of all the RBS Innovation Gateway prizes
Five Cambridge Cleantech member companies - Alquist, Chalmor, hsg UK, i-Sotera and Propelair - have been selected to have their products tested across the Royal Bank of Scotland’s property estate.
Three Cambridge Cleantech member companies, LiME TOOLS, The Solar Cloth Co and Reduse have each been awarded a £3,000 grant to help develop their products to take to market.
Launched in March this year, the Gateway Competition had three aims; to help RBS save energy, water and waste across its estate of 2,500 buildings, to nurture a new wave of brilliant innovators and to accelerate innovation to market. The Gateway attracted more than 140 submissions in just 40 days from innovators and SMEs in the UK and around the world. With the help of our panel of subject-matter experts, the 140 figure was reduced to just 26 for the Finalists Day at RBS this week - which featured a brilliant Innovation Fair and a series of Dragon’s Den-style pitches to the final judging panel.
Martin Garratt, CEO of Cambridge Cleantech says: “We are delighted that half of the winners for this prestigious competition to supply RBS with the latest technologies are Cambridge Cleantech members. It demonstrates the depth of quality of the companies within our membership and also underlines how we support our members by making them aware of such opportunities through our ‘Contract Alerts’ service in the first place.”
Garry Moore of Propelair, winner of the opportunity to test products across the RBS estate, comments “It was a great honour being announced as an RBS innovation winner this week. By providing us with invaluable access to initiatives like the RBS Innovation Gateway, Cambridge Cleantech will be an integral part of our future growth."
Hidde-Jan Lemstra of Reduse, winner of the £3,000 product development pot comments “The RBS Innovation Gateway is a great initiative. For an early stage company like Reduse, the access to companies of that scale, in terms of data and credibility is the most worthwhile. And it doesn’t take much to imagine just how badly RBS needs Unprinters! We look forward to supplying them in the not too distant future!"
Cambridge Cleantech is the members’ organisation supporting the growth of environmental goods and services or “cleantech” companies in Greater Cambridge and beyond.