Applications open for Scotland's only low carbon business incubator
01 August 2016
The fourth round of applications for Scotland's only low carbon business incubator opens on Monday 8 August.
The Low Carbon Ideas Lab, based at the Edinburgh Centre for Carbon Innovation, provides support, mentoring and world class accommodation for inspirational ideas that accelerate Scotland’s progress towards a low carbon economy.
If you have a great low carbon idea and you want to make your idea a reality, the Low Carbon Ideas Lab could be for you.
With support from ECCI’s Innovation Team, Ideas Lab entrepreneurs have reached impressive milestones from winning awards to securing funding, gaining international contracts, securing investment and launching new low carbon products and services.
Residents benefit from regular legal clinics with experts from Ideas Lab sponsors Shepherd and Wedderburn and an opportunity to work with a NERC (Natural Environment Research Council) funded PhD researcher.
Launched in October 2014, the lab has gone through three rounds of recruitment, supporting thirteen entrepreneurs from various sectors (water, smart cities, transport, big data) who have collectively achieved a significant impact.
Year Two stats
• 13 Entrepreneurs
• 13 new products or services created
• 7 new jobs created
• Investment already secured by more than half the intake
• 4 new international connections created
• 5 award winners, including eSpark Entrepreneur of the Year Award, Shell, Scottish Edge and VIBES.
Euan Hogg from Year Two Ideas Lab enterprise Water Engine Technology said “We’ve been involved in incubators in the past but ECCI is di erent. Because it’s focused on low carbon businesses like ours the opportunities we’ve been given have allowed our business to progress really quickly”
The diverse and talented Ideas Lab residents have been developing a wide range of low carbon ideas at ECCI from gardening products created out of coffee waste to a mobile app for foodies; and technology companies like the Water Engine, a low-head micro hydro technology and Scotland's first deep geothermal energy consultancy company, TownRock Energy.
A fourth round of applications is now open until 12pm on 12th September 2016.
• Monday 8th Aug - applications open
• Monday 12th September – applications close
• 3rd October to 7th October – interviews (applicants must be available to interview this week).
• 19th October – new intake start
Find out more and apply online: http://edinburghcentre.org/Low-Carbon-Ideas-Lab.html