Judging is undertaken by a panel of industry experts from, academia, corporations, utilities, finance and technology incubators. Bloomberg New Energy Finance technology experts advise the panel through the assessment stages.
Applicants are judged on three fundamental criteria:
Potential scale
What is the scale of the opportunity being addressed? Is it a nice niche but of limited scale? Will it transform a major industry, or could it change the world impacting everyone? Is your business local or can it be rolled out in multiple geographical markets? Will it spawn an entire ecosystem of new supporting businesses?
The transformation required in the world’s energy and resource infrastructure is on an enormous scale, so thinking big beats thinking small.
Innovation
How original is your technology or business model? Is it a ground-breaking modification of what others are doing, or is it something completely new? Is your technology patented or otherwise protected from being copied? Do you have a plan to stay ahead of the game?
Pioneers do not have to be technology companies, but they do have to be doing something new and different.
Momentum
Can you demonstrate strong traction? Are you still funded by R&D grants or are you making real commercial sales? Do you have strong industry partnerships in place? Have you established distribution channels to take your product or service to market? Are making meaningful and consistently growing sales? Is your executive team experienced in successfully launching new ventures?
To break the mould you have to do more than dream – your ideas have to compete in the marketplace and win.
- Nominate your own company
- Venture investors are invited to nominate any portfolio companies they feel meet the criteria
Request an application form by emailing pioneersbnefsummit@bloomberg.com with the subject NEP Application.
Nominate a Pioneer by emailing pioneersbnefsummit@bloomberg.com with the company’s name, CEO and contact email.
