Entrepreneurial Innovation

20 November 2014 - 12:45pm
Ecologic Institute

Current economic practices and activities can no longer sustain current patterns. As we transition to low-carbon economies, innovation is needed across all sectors. Many times innovations never make it to market due to the various barriers than stand in their way. Whether those barriers are financial costs or lack of knowledge on how to generate an idea into a concrete final product, there are organizations out there to help.

If individuals have an idea for innovations that can attribute to combating climate change, complimented by a receptive audience, Climate-KIC can be a good step to bring innovations to fruition. Climate-KIC offers several programs such as the Climate-KIC Accelerator, Competitions and Master Classes that all support and guide the entire business processes for innovations.

Due to intense competition, there are many steps that individuals must go through to be accepted into one of these programs. From there, it is even harder to gain the opportunity to take the innovation to market. However, it is not impossible, especially if the idea is truly revolutionary and can be supported from conception to implementation.Some of the past innovations that Climate-KIC helped bring to market can be found here.

In addition to helping individuals, Climate-KIC also helps small and medium sized companies to grow businesses by connecting them to experts, suppliers and end-users. If you or anyone you know thinks they have a cutting-edge innovation that could benefit the global challenge to tackle climate change, click here for more information.