Sunday, May 4, 2008

Launch of the Adelaide CleanTech Network

April 2008

The Adelaide Cleantech Network will establish South Australia as a leading national and international provider of Clean Technology services, products and innovation. The concept has been developed and will be launched by Australian CleanTech in association with industry and State Government partners. The Adelaide Cleantech Network will be officially launched at the Beyond Carbon 2008 Conference on 3 June 2008 in Adelaide.

The Value of a Cleantech Network
Whilst the concept of industry clustering is not new, one of the components that has often been missing is the active participation of financial institutions. Commonly, clusters have been formed to facilitate participants to grow through knowledge banks and knowledge transfer and enabling the opportunity to form bidding/buying groups. The inclusion of financial participants however creates additional opportunities to commercialise technologies and obtain funding for business growth. Through regular gatherings and communication, the Adelaide Cleantech Network will enable South Australia’s companies to keep ahead of the overall growth of the cleantech sector.

Investor Interest
The proposition to investors is highly attractive. The participating companies are all involved in high growth industries, have strong reputational capital and offer a positive outlook. The global industry growth is being driven not only by climate change concerns, but also by population growth and increasing wealth leading to both increased strain on environmental resources and an increased ability to pay for the solutions. Investor involvement will range from angel investors and venture capital companies that can provide early stage capital through to larger financial institutions able to fund major infrastructure projects. Additionally, more traditional debt and equity providers will provide advice and offer assistance to the industry participants.

Industry Participants
A diverse range of industry participants have expressed an interest in being involved in the Adelaide Cleantech Network. Industry associations for the water, waste management, environmental, renewable energy and remediation industries; Government departments covering recycling, natural resources and economic development; and University innovation and commercialisation departments.

In addition, the Adelaide Cleantech Network will provide connections to global cleantech investors and companies through a range of international affiliated organisations. This will present opportunities for both inbound and outbound cleantech investment.

To attend the launch of the Adelaide Cleantech Network book through CEDA at
http://ceda.com.au/public/events/29100.html

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