• Fifteen startups selected in annual Climate-KIC Accelerator program
• Ideas deemed economically viable, innovative in approach to climate change
Fifteen business and tech startups have been selected from more than 100 applicants to spend the rest of 2016 developing solutions and business plans that combat climate change as part an annual business accelerator program sponsored by AVAESEN, the Asociación Valenciana de Empresas de la Energía (“Valencian Association of Energy Companies”).
AVAESEN’s Climate-KIC Accelerator, which is the largest business accelerator for startups focused on climate change anywhere in Europe, has announced that in the third year of the annual program a total of 15 startups from Madrid, Barcelona, Málaga, Valencia, Alicante, Castellón, Sevilla, Burgos and Valladolid have been selected to work for the remainder of the year with a team of business and technology mentors to develop startup ideas that Climate-KIC has deemed both economically viable and innovative in their approach to addressing problems related to climate change.
This year’s selection for the Climate-KIC program include a startup from Elche in Alicante that uses wood by-products in the manufactue of shoes, another from Castellón with plans for developing an innovative system of electricity storage and a Madrid startup that has designed a water-purification system that is sufficiently efficient and cost-effective to enable individuals on limited incomes to ensure a clean, healthy water supply for themselves and their family.