• Why Imperial College launched a climatetech pre-accelerator: the benefits of starting young as an entrepreneur

  • Feb 24 2023
  • Duración: 25 m
  • Podcast

Why Imperial College launched a climatetech pre-accelerator: the benefits of starting young as an entrepreneur Por arte de portada

Why Imperial College launched a climatetech pre-accelerator: the benefits of starting young as an entrepreneur

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  • A warm welcome to the 40 new subscribers who have joined since the last edition!If you’re reading this and haven’t subscribed, sign up below to join a high-value network of over 2,100 climate tech entrepreneurs, industry leaders and investors.The Green Techpreneur (GT) will provide you with the tools, resources, and connections you need to make your mark on the planet with your climate tech business! Every other week, I interview extraordinary climate tech entrepreneurs, investors and sustainability experts to share practical advice on how to build your business. Join us for connections, advice, ideas, and mentors. Follow the GT podcast on Apple Podcasts or Spotify.GT Collaboration OpportunityWe’re looking for a sponsor with an aligned mission and vision to collaborate on content and promotions over a 6-month period. It would suit a climate tech investor, accelerator, or a B2B climate tech business. Get in touch at: marianne@thegreentechpreneur.ukImperial College has just had a star-studded lineup with Bill Gates and Rishi Sunak helping to kick off the climate tech accelerator Undaunted which is for full-time founders ready to run with their ideas. But it's got another first-of-its-kind programme that has just launched for students with brilliant entrepreneurial ideas who want a chance to sharpen these ideas in a supportive environment.For pre-accelerator Co-founders Filippo Varini and Elliot Queisser de Stockalper, a passion for protecting nature came from life experiences that were close to home. While growing up in Geneva, Switzerland, Elliot saw ecosystems, quite literally, melt away: “watching the snow, the glaciers, the little details from my home region dramatically changing, it made a difference. It pushed me to address these problems and these unmet needs in a tangible way.”In Italy, Filippo had always been in close contact with the sea as a sailor, fisherman and a free diver; “I witnessed it firsthand – the depletion of the sea – which brought me to start to look for solutions into the area of biodiversity and climate change.”“It was so nice to find each other because we had this passion that was so raw for everything climate, sustainability and entrepreneurship,” says Elliot.They developed the idea for the pre-accelerator programme last summer after noticing that many students who wanted to make a difference and help solve climate change had entrepreneurial ideas that died on the vine: the pressures of needing to find work and repay student loans immediately after graduating meant many would-be founders never got started. Their solution? Provide students with a complete support system for validating and testing their ideas, building a team and network, and pitching to institutional investors – a pre-accelerator.“We wanted to set up something that will be heard,” says Elliot, “but also something that will inspire people and give clear opportunities and possibilities at the end. That's how we came up with the pre-accelerator to help student founders get investment-ready and validate their idea.” How do you help student founders validate their ideas at the pre-accelerator?Elliot: We give student founders every tool in hand to propose either an MVP at the end of a programme, or at least a solution that has the possibility to become a startup in the future. We have programme sponsors, collaborators, mentors and partners on board to help in shaping the idea. We’ll have a series of workshops, challenges and pitching days and we’ll finish with Demo Day, where teams will present in front of investors and partners, show what they are addressing, and how that idea compliments a gap in the market sector. It’s an opportunity for them to speak about something they’re deeply passionate about at their first pitching event and build on these capabilities in the future.How many student founders are in your first cohort?Filippo: We’ve had 200 applications and have launched our first cohort with 100 students – from PHDs to undergraduates – after opening up applications to students from universities including Cambridge, MIT, Oxford, the Royal College of Arts and LSE. Half of the people we selected already have a team and idea they will want to work on and half of them are unsure about what to work on and need to find a team. We have a multidisciplinary cohort because we believe something great happens when you mix perspectives from different backgrounds.What are the benefits of starting young as an entrepreneur? Filippo: I think the benefit of starting young is that you have energy and you also have the beginner mindset that lets you approach a problem with a new perspective and sometimes that can lead to authentic solutions.However, you don't have experience and your network or skillset can't compare with people that already have experience. But it depends on the personality, if you can learn by doing and you're a resilient person, those qualities can help you ...
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