INERATEC and Matteco succeed at Cleantech Open Global Ideas Competition

StartGreen Competitors Successful at Cleantech Open

Two victorious startups from the 2017 StartGreen Award and winners of the German preselection for the Cleantech Open Global Ideas Competition succeeded again in California.

The Cleantech Open Global Ideas program is on a global lookout for the most promising ideas in the field of environmental technologies and takes place during the Global Entrepreneurship Week (GEW) in Los Angeles and San Francisco each year.

After a busy week of appointments in LA and San Francisco followed by a complex selection process including competitors from over a dozen countries, the German startups came out on top. Matteco scored second place in the “Seed Track” category (1 of 3 categories), while Ineratec, a spin-off company of KIT, won in the “Scale Track” category.

All competitors in the 2017 StartGreen Award categories “Founding Concept”, “Startup” and “Young Business” were given the opportunity to take part in the Cleantech Open Ideas Challenge. In the end three startups were selected by the Borderstep Institute and nominated for the international competition. The nominees then got to travel to San Francisco, expenses paid, and received intensive coaching and mentoring before the big contest.

Winners of the German Preselection:

INERATEC: INERATEC are developing a chemical reactor technology that allows gas to be transformed into liquid fuel. The technology helps to reduce CO2 emissions and supports CO2 neutral mobility.

Matteco: By creating rubber products out of recycled tires, matteco contributes to a resource efficient circular economy.

Solmove: Solmove produces photovoltaics that can be installed on road surfaces, thus producing clean energy and promoting E-Mobility.

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