Scaling-Up a Cleantech Business
Tuesday, 3 October 2017
5.30pm to 9pm
25 Moorgate, London EC2R 6AY
THIS EVENT CAN QUALIFY FOR CPD POINTS FOR A RANGE OF PROFESSIONAL BODIES. CERTIFICATES OF ATTENDANCE CAN BE PROVIDED ON REQUEST.
The 2014 Scale-Up Report identified and focused on 6 key areas for scale-ups: market knowledge and data; talent and skills; accessing infrastructure; finance; leadership and increasing sales at home and abroad. While these areas are key for all early stage businesses, they are arguably especially relevant for cleantech businesses. The market strength and presence of the incumbents and the legacy behaviours of consumers and corporate procurement specialists mean that the hurdles of behaviour change and achieving a market presence are even higher for new cleantech companies.
Finding the right talent to complete senior management teams at an affordable cost is also a real challenge in cleantech, which can be seen as being perversely more risky by some and less exciting by others than technology.
The number of active cleantech investors, especially in the scale-up phase, is seen as being low and certainly some notable early investee failures have encouraged investors to take a less risky approach to investment in the sector. This situation is then exaggerated further by the alternative investment opportunities provided by lower risk deployment projects, such as those in renewable energy, coupled with the current low interest rates.
As noted above, creating a recognisable presence in the market is also a real issue for cleantech companies. Market knowledge is often hard to gain and access to the decision-makers in corporates’ procurement and sustainability departments can be challenging.
This event will be ideal for any cleantech-related business that has completed its early start-up phase and is now looking to break into its chosen markets and really grow. As a particular benefit for 6 companies that attend, we are inviting you to present yourselves and ask a question in 90 seconds on this topic to a panel of experts in open forum as a precursor to a panel discussion and Q&A. In order to be one of the companies that makes this 90 second presentation and question, simply register and let me know you would like to participate. The participants will be chosen on a first-come-first-served basis on the completion of registration and your request by email to me.
During the evening, we will be looking to set out all the key issues that have been recognised as the main hurdles for scaling-up for cleantech businesses, and then through 2 exciting case studies, our direct questions session and our panel of experts, we shall be setting out the solutions and the support that is available to address these hurdles one-by-one. This event provides a singular opportunity to ask specific questions about your particular situation either in open forum or during the networking afterwards and this will be invaluable for cleantech companies at this stage of development.
6.00pm Welcome – Andrew Bond, Smith & Williamson
6.10pm Introduction – Clive Hall, Rushlight Events
6.15pm Keynote: Findings and lessons learned from the Scale-Up Report –
6.35pm Success Story 1:
6.50pm Success Story 2:
7.05pm 6 pre-registered open questions from companies asking about their specific scale-up issues to a panel of experts consisting of:
John Morris, Partner, Smith & Williamson
Alisa Murphy, Director, Life Size Media
Patrick Sheehan, Partner, Environmental Technologies Fund
Paul Gillespie, Partner, Gillamor Stephens
7.30pm Panel discussion and Q&A
Who should attend?
This event is ideal for cleantech companies that have achieved an initial level of sales or are close to bringing that about, advisers and consultants supporting cleantech companies, investors looking to develop companies in their portfolios, media and other sector participants.
Patrick Sheehan – Environmental Technologies Fund
Patrick is a founder and Partner of the Environmental Technologies Fund. He has worked in venture capital since 1985. He was instrumental in founding 3i’s venture capital practice, and later became the founding Managing Director of its Silicon Valley operation. Before this, he was a research engineer for GEC and Marconi Space Systems. He was a member of the Executive Committee and Board of EVCA from 2007 to 2010, during which time he also chaired the Venture Capital Committee. He has a Ph.D. in Electronic Engineering from UCL, London.
John Morris – Smith & Williamson
John helps ambitious business founders, owner-managers and leaders achieve their personal aspirations, as well as the financial goals and objectives of the companies they run. He leads Smith & Williamson’s Scale-Up programme: an integrated suite of solutions, expertise and support, designed to help businesses scale quickly. He has spent 15 years providing strategy and consulting advice to a variety of businesses in a diverse range of sectors, including management consulting, business process outsourcing, IT services and manufacturing.
Paul Gillespie – Gillamor Stephens
Paul leads the Venture Capital Practice, delivering global searches to find the best talent for European, Nordic and Baltic early and mid-stage technology companies. Paul specialises in broad based physical technologies – recently including the electronics, IoT, PV, wireless and semiconductor sectors. Prior to founding Gillamor Stephens in 1998, Paul was Director of Search & Selection for a recruitment company finally sold to a publicly quoted executive search business.