
This initiative called “Asia Forum for Clean Energy Financing” seeks to nurture individuals/teams/startup companies with environmentally beneficial business proposals with the eventual hope of transforming them into reality.
Eligibility
Any persons or company resident or actively operating and/or registered in any ASEAN country may participate in the Asia Forum for Clean Energy Financing. While there is no restriction on the size of the company / sponsor the award is designed to reflect excellence in new ventures.
Focus of Business that will be considered
The business must promote clean energy technologies, products or services that would in general include:
– Biomass
– Biogas
– Solar
– Wind
– Geothermal
– Hydropower
– Tidal / Ocean
– Energy efficiency
– Distributed generation
– Waste-to-energy
– Emission reduction
Competition Categories
Only business opportunities that require total (initial) capital in excess of US$1 million will be considered.
Acceptable Business Plans
Plans eligible for the Forum, may include, but are not limited to:
– New venture/new business
– Merger or acquisitions, including leveraged buyouts, which will lead to a turnaround, roll-up, or some other significant change that adds value to the current business
– Joint venture, alliance or network-based business (e.g., create new entity from current enterprises)
Submit your application and executive summary by 22 December 2008. See www.cleanenergy-financing.com for further instructions.
Short-listed candidates will be offered one-on-one coaching to create financially, socially, and environmentally viable business proposals.
Finalists will be invited to the Forum on 4 March 2009 in
Singapore in order to make presentations on their business proposals in front of potential investors and financiers.
Awards will be presented to proposals with high business potential, as chosen by a panel of judges at the conclusion of the Forum.
The Forum is organized by the Climate Technology Initiative (CTI), CTI’s Private Financing Advisory Network (CTI’s PFAN), the International Center for Environmental Technology Transfer (ICETT), ReEx Capital Asia, the Sustainable Energy Association of Singapore (SEAS), and the USAID ECO-Asia Clean Development & Climate Program (ECO-Asia).
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