Fourth edition of Green Energy Champion Sri Lanka kicks off

Tuesday, 20 April 2021 00:00 - - {{hitsCtrl.values.hits}}

The fourth edition of Green Energy Champion Sri Lanka was launched yesterday extending an invite to all energy innovators from across the island for a chance to gain exclusive access to an advanced business accelerator program (Green Energy Champion Accelerator 2021), which will further prepare them for exciting local and international partnerships in the Green Energy ecosystem.

All startups and SMEs are invited to present their creative and innovative products, activities, and projects in the areas of sustainable mobility, energy efficiency, and renewable energies. The most promising candidates will gain the opportunity to fine-tune and develop their business within the Green Energy Champion Accelerator.

All applicants must have a Minimum Viable Product (MVP) or Prototype with the potential to sustain and scale, and will be reviewed on the technological viability and market fit of the idea, innovation or product. Following a two-week review and selection process, selected applicants will be on-boarded into the Green Energy Champion Accelerator – where they will be granted six months of intense and immersive training which includes being mentored by industry experts.

The Green Energy Champion Accelerator will: actively support the participants with business and market intelligence to establish and grow their businesses; enable them to identify potential opportunities and take calculated risks for smooth market entry; and offer networking opportunities and exposure to potential partnerships, distributors, investors, customers as well as media partners – while simultaneously enabling participants to create a positive impact on the environment, community

and economy.

The accelerator program will be followed by a formal Partner Matchmaking Event – to match local and international partners in the Green Energy ecosystem, and a Demo Day – to showcase the companies completing the program. Green Energy Champion will offer visibility among key political stakeholders such as the Ministry of Power, State Ministry of Solar, Wind and Hydro Power Generation Projects Development and the German Federal Foreign Office, while also extending potential penetration opportunities in global markets via the Delegation of German Industry and Commerce in Sri Lanka.

Those interested can directly apply online or download the application form via www.greenenergychampion.lk. All applications are welcome till 14 May.

On behalf of the Federal Foreign Office, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH supports the Sri Lankan Ministry of Power, State Ministry of Solar, Wind and Hydro Power Generation Projects Development in improving energy efficiency in Sri Lanka. The Green Energy Champion is aimed at promoting concepts that improve energy efficiency and the use of renewable energy solutions – particularly to serve the day-to-day needs of the public.

Together with the implementation partners – Hatch Works and Good Life X (GLX), in cooperation with the Delegation of German Industry and Commerce in Sri Lanka, the program fosters innovators who are driven to lead the green energy revolution. The expected outcome is to encourage the implementation of green energy solutions in Sri Lanka.