Sydney, Australia (PRWEB) June 22, 2012
The Australian Clean Technologies Competition, part of the Cleantech Open based in the USA, was launched by the Parliamentary Secretary for Industry and Innovation Mark Dreyfus last month.
The Competition will shine a light on Australian innovators taking advantage of business opportunities to reduce energy and resource consumption.
“Clean technology is not about saving the world … it is using technology to make processes and industries more efficient and thus saving them money by offering more sensible options” said John O’Brien, Managing Director at Australian CleanTech.
Dr Marc Newson, Cleantech Supplier Advocate says ‘cleantech encompasses environmental technologies that are aimed at existing sectors in the economy, for example; a water management solution that is geared towards the mining sector.”
2011 winner SMAC Technologies Director Wayne Ryan said "People are asking for our technology by name. You cannot put a price on the Award in marketing terms".
Up to 30 Competition Semi-finalists will qualify for an intensive, tailored mentoring program; ‘Cleantech Business Accelerator Program’ on commercialisation pathways, business modeling, venture capital funding solutions and successful pitching.
Some of the 2011 finalists’ successes include: pilot plants, joint ventures with overseas companies, USA VC term sheets, actual funding and investment, and commercialisation in Australia and internationally with paying customers.
The 2012 Competition winner will represent Australia at the Global Cleantech Competition in the USA in November.
Registration for the Australian CleanTech Competition (ACC) can be completed online here. CleanTech includes: transportation smart power, green grid, energy storage, green building, renewable energy, energy efficiency and air water & waste management.
About the Australian CleanTech Open
The Competition is an initiative of the Gillard Government’s $58.4 million Buy Australian at Home and Abroad initiative, and is supported by Enterprise Connect, Commercialisation Australia, CSIRO and Austrade. The competition is being managed by Australian CleanTech a private research and advisory business.
About Australian CleanTech
Australian CleanTech facilitates and delivers Australian Clean Technology projects on behalf of both investors and project proponents.
In addition, Australian CleanTech provides services to Government agencies to help stimulate investment in the Cleantech industry. To deliver these services Australian CleanTech uses its extensive Cleantech research database.
Australian CleanTech also provides access to the ACT Australian Cleantech Index. The emerging Cleantech sector covers a range of growth industries that will move the concept of sustainable living from theory and aspiration to a practical reality.
Through a range of publication and articles, Australian CleanTech provides educational resources to help raise the awareness of the sector.