From over 130 small cleantech businesses, twenty were selected for start-up boot camps, to gain expert advice and support on business plans, pitching to investors, marketing etc.
On September 21, three companies were judged to be this year's Cleantech start-up winners and will receive a cash prize from BP Ventures and support from TusStar, BP Ventures and ADB.
Incubators, like TusStar, help BP Ventures gain access to early stage business and technology ideas that feed our opportunity hopper. These can lead, for some, to equity investments. Through our sponsorship of the programme, we have already introduced one of last year’s start-ups to a BP operating business, demonstrating the vital links and deal flow we are generating from China’s dynamic cleantech ecosystem.