EU

8 innovative projects with environmental and social impacts selected for incubation in Israel

This important milestone of the Switchers Support Programme, implemented by SCP/RAC and its local partner the Business Center of the Tel Aviv University, will support the selected entrepreneurs to develop their green businesses.

Published on Wednesday 30 March 2022· START-UPS AND ENTREPRENEURS

On the occasion of a pitching event, organized by the Business Center of the Tel Aviv University (local partner of SwitchMed Green Entrepreneurship programme in Israel) on March 15th at the premises of the university, 8 projects out of 10 were selected to start the incubation phase. The green entrepreneurs to be presented their projects and related environmental and social impacts to a jury including members of the Regional Activity Centre for Sustainable Consumption and Production (SCP/RAC) who specifically came to Israel for that event.

The jury previously assessed the green business canvases according to criteria such as feasibility, environmental and social impacts, economic profit and novelty. The business ideas that got the best score were preselected to be presented during the pitching event.

The selected candidates, 10 entrepreneurs (7 of them being women), had drafted their Green Business Canvas during the previous phase of the Green Entrepreneurship programme, namely the Green Business Model development training. With the incubation phase, they will be supported to create their green businesses through an 8-month incubation process including personal mentoring and tailored external technical assistance.

The expected results of the incubation process are:

– 8 Green Business Plans are developed using the online tool of TheSwitchers.org innovative platform.
– the supported entrepreneurs manage to register their company, develop a product and monitor their progresses.

The next step for these incubated entrepreneurs will be their participation at the National Investors Switchers events. There they will pitch their Green Business Plan in front of a jury of selected Sustainable Business Investors in order to reach financial deals and secure funds for their green businesses. This event is foreseen for the last quarter of 2022.

Here are the selected projects:

Name of the project Sector Brief description of the business
Eco-Fun-Box Sustainable waste management Series of fun, sustainable education kits. The project is about designing and upcycling waste: packaging, discarded / left over materials, crafting and boosting creativity skills. No screens or phones! Those kits include material separation option.
Caroobia Organic food & agriculture (includes husbandry, fisheries and associated industries) Caroobia creates large scale PROFESSIONAL SUSTAINABLE FORESTS, groves, orchards and tree-lined urban landscaping, enabling companies, donors and communities to achieve MAXIMUM ESG IMPACT.
Caroobia offers 4 Treeing services:
1) Reforestation: of ruined lands and forests
2) Proforestation: conservation of existing and high-value forests and trees
3) Agroforestation: cooperation with orchard and forest farmers
4) Comforestation: community forests, cooperation between businesses, local communities and citizens.
Caroobia is dedicated to connecting BUSINESS-COMMUNITY-NATURE to create a better environmental future for the world, utilizing the most impressive natural carbon offset and positive environmental influencer offered by Mother Nature – TREES.
BIPV Israel Renewable energy & Energy efficiency BIPV Israel locates, plans, and executes projects in the field of BIPV.
BIPV Israel is a distributor of ‘Solar Innova’.
BIPV Israel will be there from the vision stages through the implementation of a system that produces green energy integrated into your building.
FILLIT Sustainable cleaning products and cosmetics FILLIT is a refill station, designed and developed to reduce plastic and prevent soil and ocean pollution.
FILLIT is a modular solution that can be placed and used in several places. No need for manpower training.
The machine will allow end consumers to re-use plastic bottles for refilling by scanning a barcode or entering the amount of filling manually. The machine will contain an electronic monitor (with accessibility) and by filling in the correct fields the filling process will begin.
Blue is the new Green Communication for sustainability (ITC & others) An online platform providing information and education on the Blue Economy sector in Israel.
Quad Sustainable building and construction Quad is an online platform for private open space renting in urban areas.
Groupping Communication for sustainability (ITC & others) GroupPing is a social e-commerce platform based on BI advanced technologies who can track individuals and businesses worldwide creating a large virtual consumer group and manufacturers and importers to offer group reduced prices based on large quantities. This results in a 25%-50% price decrease and a significant increase in the purchasing of green products over regular ones.
New Concept in Cleaning Products Sustainable cleaning products and cosmetics Capsule based cleaning products and hand soap that dissolve in water.

With the incubation phase, the selected entrepreneurs will be supported to create their green businesses through an 8-month incubation process including personal mentoring and tailored external technical assistance.

The next step for these incubated entrepreneurs will be their participation at the National Investors Switchers events. There they will pitch their Green Business Plan in front of a jury of selected Sustainable Business Investors in order to reach financial deals and secure funds for their green businesses.

YOU MAY ALSO LIKE