Clean Tech Aviation, Energie Company, Envitron, GRIDCORN en Synext have been elected winners of the Startup Fast Track 2016, the business accelerating program for energy startups. The winning entrepreneurs will receive a EUR 10,000 investment funding each. Startup Fast Track is initiated by Energy Academy Europe in collaboration with energy multinational ENGIE, Groningen University/VentureLab North, Hanze UAS and the Province of Groningen.
Startup Fast Track focuses on stimulating, accelerating and realizing high potential startups. The celebratory ceremony was held at Venture Lab North, partner in Startup Fast Track last Friday. In addition to the investment, the five entrepreneurs were also invited to take part in the follow up-program of Startup Fast Track, offering a range of specialist consultants who will be coaching them in various aspects of entrepreneurship.
Intensive coaching and connecting to the industry
Turning a business idea into a successful business, takes far more than just a business plan. It requires solid knowledge of and insight into markets, finance, risk management and marketing. And providing candidates with that knowledge is exactly what Startup Fast Track does, with an extensive programme and specialist guidance by experts in the field. The intensity of the programme is not for everyone though, because out the 27 candidates who started in March, only 9 candidates received their certificate on Friday.
During the ceremony, Professor of innovative entrepreneurship and valorization at the University of Groningen and University of Twente, Aard Groen, part of the Startup Fast Track team, stresses the importance of an intensive program: “As an incubator, you need to very assertive, because very often, candidates don’t fully understand what they can get out of programs like these, because you can’t ask the right questions if you don’t have the right knowledge yet.”
“Connections to the industry are also vital”, Professor Groen continues. “That’s why we’re very glad to be working with worldwide market leaders like Engie.”
This was the second edition edition of the Startup Fast Track programme. In 2017 the third edition of Startup Fast Track will take place. Interested in signing up your clean energy startup for next year’s edition? Check out: http://www.startupfasttrack.nl
Photo credit: Wouter Brem