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Three Green Businesses Win Support from Berti Green
11 December 2013 | Updated 01 January 1970
Now in its second year, the Berti Green Accelerator programme has selected three low carbon, UK businesses for a free 12 month mentorship programme from Coller Capital plus access to a £3million funding pool.
The 2013 winners were chosen following a high-level pitch last week. The winning companies are PassivSystems - pioneers of a home energy management platform; Green Energy Options (GEO) - producers of in-home energy displays, online energy services and mobile applications; and Seab - a patented micro-power plant that uses organic waste as its fuel.
Each of the winning companies will receive up to £1million investment and 12 months mentorship from Coller Capital to help nurture their business growth. The final selection process was delivered in a ‘dragons’ den’ style pitch to a panel of judges including Jeremy Coller, Founder & CEO of Coller Capital, Jeremy Leggett, Founder & Chairman of Solar Century, Jacques Tredoux, Founder & Director of Berti Investments and Ben Goldsmith, Founder & Director of WHEB Group.
Berti Investments is an environmental impact investment company that invests in businesses in the UK whose strategy focuses on reducing carbon emissions. The firm believes that the best way of catalysing a long-term positive impact on the environment is by leveraging established financial models to support sustainable cleantech businesses that address key market failures. Berti’s investment horizon is typically between £250k and £1m and is not technology specific. Berti is supported by the Bertha Foundation, whose outreach programme engages with social impact organisations worldwide.
Seth Tabatznik of Berti Investments commented: “Once again, we have been overwhelmed by the quality of all applicants to the 2013 programme. The focus has been purely on seeking out innovative, thought-leading organisations whose strategy is underpinned by carbon reduction techniques and environmental best-practice methods.”
Article written by Brian Shillibeer | Published 11 December 2013
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