Breakfast Briefing February 10, 2009 The California Clean Tech Open is under the fiscal and...
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Transcript of Breakfast Briefing February 10, 2009 The California Clean Tech Open is under the fiscal and...
Breakfast BriefingFebruary 10, 2009
The California Clean Tech Open is under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth,a California 501(c)3 non-profit public benefit corporation. Acterra is located at 3921 East Bayshore Road, Palo Alto, CA94303-4303.
Breakfast Briefing Series SponsorsBreakfast Briefing Series Sponsors
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Who We AreWho We Are
The Clean Tech Open is making the
future of clean technology possible
and profitable, one idea at a time.
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Why Compete?Why Compete?
You are the future of clean technology
2008 Winners• $50,000 cash• $203,000 in-kind services
2008 Runners-Up• $15,000 in-kind services
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Why We’re HereWhy We’re Here
• 125 Alumni companies in 3 annual competitions
• 84% still active
• Over 500 employees
• 1,248 projected employees by end of 2009
• Secured $125 million in private funding
• Serving 992 customers: PG&E, Whole Foods, Marriott Hotels, Johnson Controls, The Gillette Company, Yahoo!, Facebook and Home Depot
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
CCTO PressCCTO Press
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
San Francisco Business Times “Green Catalyst” Award 2008
2006 Alumni Success2006 Alumni Success
Cool Earth Solar, 2006 Renewables Runner Up
• $22 million Series A financing round
• Ramping up for utility-scale production and deployment
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cacleantech.com
2007 Alumni Success2007 Alumni Success
Nila Inc., 2007 Energy Efficiency Runner Up and 2008 Alumni Winner
• Secured a worldwide distributor for its lighting systems
• Provided lighting for:– James Bond film “Quantum
of Solace”– Ron Howard’s “Angels and
Demons”– CNN coverage of the 2008
Democratic and Republican National Conventions
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
2008 Alumni Success2008 Alumni Success
Parco Homes, 2008 Green Building Finalist
• Invited by Al Gore to present at his "Solutions Summit" in New York, January 11th and 12th
• Presented overview on making buildings smarter about energy use
• Details to be released soon
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
2009 Platinum Sponsors2009 Platinum Sponsors
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
2009 Gold, Silver, VC Sponsors2009 Gold, Silver, VC Sponsors
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Clean Tech OpenClean Tech Open
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cacleantech.com
MORE COMING SOON!
How the Competition Works
ALL Contestants Receive:
• Mentoring, starting now
• Free attendance at many public events, including Symposia
• Opportunities to showcase at a Symposia event
• Written feedback from expert judges
Semi-Finalists Receive:• Summer Seminar Series• Mentoring by industry leaders• Sustainability Starter Kit• Feedback from practice pitch• Awards Ceremony Semi-
Finalist Showcase• CCTO Semi-Finalist Directory• Clean Tech networking events• Lifelong membership as CCTO
Alumnus
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Key DatesKey Dates
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
2009 Summer Program2009 Summer Program
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
“Participating in the Clean Tech Open was intense, but not in terms of time commitment, but in terms ofwhat you got out of it. It's pretty cool when you don't have to go knocking on VC's doors and instead, they come to you.”
~ Saumya Garg, Energy Empowered, 2008 Finalist
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Entering the California CompetitionEntering the California Competition
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Entering the California CompetitionEntering the California Competition
• Check eligibility– Team must have at least 2 members
– No more than $300K in third party funding at registration
– All team members must be U.S. citizens or legal residents
• Register at www.CleanTechOpen.com• Create a team online• Add at least one additional team member• Pay the entry fee
– $125 until March 31st
• Submit 3-page Executive Summary– Due May 30th
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Executive Summary ComponentsExecutive Summary Components
The Opportunity– Opening statement, or “The Elevator Pitch”
The Target Market– Should anybody be doing this? What’s the pain, whose pain is it,
and how much will they pay to address it?
The Team– Who are the key players that will make this happen?
The Product/Solution– What is your approach to solving the problem or creating the
opportunity?
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Executive Summary ComponentsExecutive Summary Components
Go-to-Market Strategy (Feasibility)– How will your product/solution get to the customer?
Sustainability– How will your company have a net positive environmental impact?
Financials and Funding Required– How big is the opportunity financially, and how much funding do
you need?
2 Pages of Supporting Documentation (Optional)– e.g. Press clippings, diagram, technical information, photos. Not
required, and not all judges will necessarily review
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Q&A Questions About the Competition
The California Clean Tech Open is under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth,a California 501(c)3 non-profit public benefit corporation. Acterra is located at 3921 East Bayshore Road, Palo Alto, CA94303-4303.
Kevin Chen Google
The California Clean Tech Open is under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth,a California 501(c)3 non-profit public benefit corporation. Acterra is located at 3921 East Bayshore Road, Palo Alto, CA94303-4303.
Q&A Questions for Kevin
The California Clean Tech Open is under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth,a California 501(c)3 non-profit public benefit corporation. Acterra is located at 3921 East Bayshore Road, Palo Alto, CA94303-4303.
Donnie Foster PowerAssured
The California Clean Tech Open is under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth,a California 501(c)3 non-profit public benefit corporation. Acterra is located at 3921 East Bayshore Road, Palo Alto, CA94303-4303.
Closing CommentsSpread the Word, Next Events
The California Clean Tech Open is under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth,a California 501(c)3 non-profit public benefit corporation. Acterra is located at 3921 East Bayshore Road, Palo Alto, CA94303-4303.
Keeping Tabs on CTOKeeping Tabs on CTO
• Follow us on Twitter: CleanTechOpen• Read our blog: www…..• Watch for our successful Alumni:
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Upcoming EventsUpcoming Events
March 2009
• Mar 2 Commonwealth Club: San Francisco• Mar 11 Breakfast Briefing: Palo Alto• Mar 19 2009 Launch: San Jose City Hall
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
RemindersReminders
• Deadline for $125 Super Early Bird Entry Fee:– March 31st
• Green Card– $200 for a year-long membership
– Free attendance at all CCTO public events
– Technology Briefing about Finalists’ technologies
– Sign up at the registration table today and get your money back for today’s event!
– Price increases to $360 on March 19th
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Major Mentor Program GoalsMajor Mentor Program Goals
• Provide a high-quality mentor for each team
• Provide specialist expertise where required
• Introduce all teams to angel and/or VC investors
• Help all teams practice and refine their investor pitch
• Offer opportunities for sponsors to meet teams
• Deliver a rewarding experience for all involved
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
Entrepreneur MatchingEntrepreneur Matching
• Find a team for this year’s competition• Search for team members• Explore mentoring and volunteer opportunities• Learn about clean technologies
Copyright © 2009 California Clean Tech Open. All rights reserved. Under the fiscal and administrative sponsorship of Acterra: Action for a Sustainable Earth, a California 501(c)3 non-profit public benefit corporation. www.cleantechopen.com
**Anyone looking to join or build out a team has a green dot on their name badge. If you need one, get a green dot at the registration table.