BF ClimaTech is a programme to minimise the development period and maximise the probabilities of success of innovative entrepreneurial projects that offer new ideas to the environmental sector and related sectors.
To ensure that a response to market needs and, therefore, find a demand for the projects’ products and services, BF ClimaTech meets with the sector to define the challenges on which each of the calls for proposals needs to focus. These challenges reflect the particular needs of specific market segments.
The programme is sponsored by the Xunta de Galicia and fostered by Viratec, the Galician Cluster of Environmental Solutions and Circular Economy. Companies from the sector, as well as knowledge centres and investment companies, also contribute to it.
BF ClimaTech structures its support services for the participating projects along three different pathways: incubation, acceleration and consolidation.
These pathways are designed to help projects to attain the goals that correspond to their level of development: ranging from defining the value proposal in incubation and creating a minimum viable product or service and validating it with customers in acceleration, to systematising and expanding their business model in consolidation.
Incubation
This pathway is designed for projects that need to define their value proposal, whether for a product or service. In general, it is organised into the following steps:
Acceleration
The acceleration pathway is intended for projects that need to create minimum viable product or service and confirm their value proposal with a first sale or a case of success. It is organised into the following general stages:
Consolidation
This pathway is reserved for projects that need to systematise their business model and increase their value creation capacity in business, economic and financial terms. In general, it is organised as follows:
Commercial positioning
BF ClimaTech specialises in ensuring that the participating projects will fit into and consolidate their position in the environmental sector and related sectors in Galicia, the rest of Spain and Europe.
Mentoring
Each of the participating projects has a mentor from one of the BF ClimaTech anchor companies.
Training
The participating projects are offered a training programme that is designed on a case-by-case basis according to their specific needs for new, critical capabilities.
Internationalisation
The participating projects are presented with opportunities for entering overseas markets and receive help with defining an internationalisation strategy.
Services and infrastructure
The participating projects have access to the catalogue of Galician environmental solutions and circular economy infrastructure and services.
Tutoring and coaching
Depending on their specific needs, each of the participating projects receives the guidance of a tutor with experience in entrepreneurship and specialist coaches in key areas.
Financing
All the participating projects can use special financing instruments and will receive support in gaining access to additional sources of public and private financing.
Networking
The BF ClimaTech projects have an extensive network of contacts available to them, which will be reinforced through special events designed to enrich their particular agendas and facilitate their growth.
The challenges have been designed to tackle strategic priorities in the area of environmental solutions and the circular economy, and other related productive sectors. There is, however, a demand, which can be summarised as the need for solutions in the following areas:
How can we boost competitiveness by improving environmental performance and creating new value chains?
The challenge includes topics such as:
How can we ensure the availability of critical raw materials and achieve circular and efficient production models?
The challenge includes topics such as:
How can we improve the environmental performance of the overall water cycle?
The challenge includes topics such as:
How can we improve the environmental performance of the textile sector by encouraging circularity?
The challenge includes topics such as:
How can we minimise emissions and the consumption of resources in construction materials and processes?
The challenge includes topics such as:
How can we create healthier, circular urban spaces and communities?
The challenge includes topics such as:
How can we use Key Enabling Technologies to progress towards an efficient, low-emissions economy?
The challenge includes topics such as:
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