150 People Attend the Sydney Cleantech Network Launch

The Sydney Cleantech Network launched with a packed room of 150 people in attendance. The event was hosted by KPMG at their offices on Sussex Street.

The attendees listened to Roger Price from Innovation Capital talk about their investee company Windlab Systems and how it has changed from a technology provider into an international wind farm developer. Importantly Roger also explained how VCs invest in people and businesses and that technology is just an enabling factor.

Five companies then did 'two minute pitches' explaining their products and services and detailing their upcoming funding requirements. The companies were:

- CMA Corporporation - A leading integrated Australian-based recycling group that provides products and services to customers across three continents.

- Acoustica - Commercialising the world’s best "Green" Noise Barrier - Quietwave® Captive Membrane Technology.

- T3Energy - Developer of both a solar space heating and super-insulated building technologies will reduce energy consumption in homes by up to 80% while offering a competitive and compelling alternative to conventional homes.

- Azure Energy - The Azure Energy ALI system produces seven forms of energy from Solar Energy, in all weather conditions

- Universal Power Storage - Universal Power Storage (UPS) has the only invention in the Massive Electrical Storage (MES) space that can potentially deliver the largest scale electrical storage system in the world: rectifying the largest market failure in the electricity market – base load storage.

Most importantly the attendees networked with people from cleantech companies, the finance sector, academia, professional services and the government.

The next event will be hosted by Clayton Utz on 19 November 2009 commencing at 5:30. Attendess must have registered to attend. Future functions will be hosted by Macquarie Bank, New Energy Finance, Griffith Hack and the ASX.

The Sydney Cleantech Network will hold events every couple of months. If you would like to be informed of future events or are interested in pitching please email scn@auscleantech.com.au.