New investment opportunities, new networks, and new business ideas!
These are the visible results that organisers and participants expect from the premiere of 'European Venture Contest Energy' in Horsens on October 23. Experts and investors will get the opportunity to meet entrepreneurs and critically review their business plans. Among other things, the aim is to find new potential investors for the emerging companies.
"One of the strongest sources of economic growth is knowledge, which is translated into business. It requires investors as well as entrepreneurs, who are ready to seek out new markets and offer unconventional products and services. At the same time, a business idea has to have the potential to become the next ground-breaking technology," says Mogens Vig Pedersen, CEO of the Insero Horsens foundation, which is represented on the day.
New and sustainable business ideas
With a lot of prospects to choose from, the organisers have selected the most promising entrepreneurs, as well as investors and experts for the contest focused on energy production, distribution and efficiency. The expert panel responsible for selecting the participating entrepreneurs expects to discover new and innovative business ideas, including some that contribute to the Danish political vision of basing a far greater part of the world’s energy production on renewable energy sources.
Invest in Denmark is enthusiastic about hosting the first ever ’European Venture Contest Energy’ in Denmark, and Minister for Trade and Investment, Mrs. Pia Olsen Dyhr, says:
“Sustainable energy is one of the Danish government’s top priorities, and I hope that this venture contest will bring new green ideas to life that can help us reach our aim of becoming entirely free of fossil fuels by 2050. Not only Denmark, but the entire world needs solutions for a more sustainable lifestyle and this event is a great opportunity to match creative green minds from all over Europe with potential investors.“
The competition takes place in Vitus Bering Innovation Park, a large Danish development park for growth-oriented companies and entrepreneurs, and has been arranged in a collaboration between the European network organisation ’Europe Unlimited’, which is responsible for organising all ’Venture Contest’ competitions in Europe, Insero Horsens, Invest in Denmark and the Municipalities of Horsens and Aarhus.
After the competition in Horsens, the venture caravan will continue to Aarhus, where the ‘European Venture Contest’ focusing on Health Care is hosted on Wednesday.
The European Venture Contest semi-final on energy brings together 30 promising start-ups in the field of renewable energy. By means of a presentation they will showcase their ground-breaking technology in front of a jury consisting of business angels, venture capitalists, corporate investors and other industry experts.
The Top 25% will get the opportunity to take part in the Nordic Venture Forum and the European Venture Summit.
The start-ups have been selected within the following 3 areas:
- Energy production from sustainable sources (e.g. solar or geothermal)
- Energy infrastructure and distribution (e.g. electric vehicles or smart grids)
- Energy efficiency and storage (e.g. fuel cells and batteries or heat storage)
About Europe Unlimited
Europe Unlimited is a strong European network platform with 14 years of experience in managing networks among Europe's leading venture stakeholders, investors, SMEs and start-up entrepreneurs, as well as representatives from national and regional cluster companies and incubator environments. Europe Unlimited hosts all 'European Venture Contests' around Europe and thus also the venture contest in Horsens on October 23rd.
About Invest in Denmark
Invest in Denmark is part of the Danish Ministry of Foreign Affairs and helps foreign companies looking to invest and locate in Denmark. Invest in Denmark is headquartered in Copenhagen, and has specialised employees around the world as well as in all regions of Denmark. Invest in Denmark provides foreign investors with information, analyses and the right contacts and service providers, making it easy to tap into the Danish strongholds e.g. within the clean tech industry.
About Insero Horsens
Insero Horsens is a private equity that invests in businesses, entrepreneurs and projects in the fields of energy and ICT. This is done by offering venture capital specialised consultancy and the proper network. Among other things, Insero Horsens has invested in nine start-up companies in the fields of energy and ICT, cluster companies in the fields of IT, e-mobility and energy (from the earth and the sun) as well as the consulting firm Insero Business Services. In addition, Insero Horsens also invests locally in education, culture and sports.