DEEP DIVE WORKSHOP FROM START UP TO SCALE … DIVE WORKSHOP Local entrepreneurs ... RAJAT GUPTA,...

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5 June 2017, Monday, 13:30–17:30  Auditorium C, ADB Headquarters, Manila, Philippines DEEP DIVE WORKSHOP Local entrepreneurs and start ups are critical to accelerating the large-scale adoption of clean energy and related clean technologies (cleantech) in the Asia-Pacific region. As seen in leading clean energy markets like the People’s Republic of China (PRC), India, and the U.S., startups develop the technologies, business models, projects, and services required to drive down the costs and risks of deploying cleantech at scale. However, the few cleantech entrepreneurs in the region often face huge barriers such as lack of access to the risk capital and pilot customers they need in order to survive and scale-up. What can we do to better support entrepreneurial start-ups to accelerate the growth and deployment of cleantech in the region? Which enabling models, policies, and programs from around the world can we learn from and replicate? In this workshop, experienced and emerging cleantech startup entrepreneurs will share their experiences and insights with policymakers, industry representatives, investors, and other stakeholders on the risks and challenges they face and why early access to financing and potential customers are so important. The goal of the workshop is to share ideas on actionable initiatives that can support and help cleantech start ups in the region scale-up. TO SCALE UP What it really takes to scale clean technology FROM START UP ACEF STARTUP CAFE Young cleantech entrepreneurs will be at ACEF to showcase emerging cleantech solutions such as blockchain, solar e-platforms, smart energy management, drones, ride sharing, thermal storage, and remote asset monitoring.

Transcript of DEEP DIVE WORKSHOP FROM START UP TO SCALE … DIVE WORKSHOP Local entrepreneurs ... RAJAT GUPTA,...

Page 1: DEEP DIVE WORKSHOP FROM START UP TO SCALE … DIVE WORKSHOP Local entrepreneurs ... RAJAT GUPTA, FOUNDER CEO, TESSOL Rajat leads product and strategy at TESSOL. ... Delhi and an MBA

ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

5 June 2017, Monday, 13:30–17:30 Auditorium C, ADB Headquarters, Manila, Philippines

DEEP DIVE WORKSHOP

Local entrepreneurs and start ups are critical to accelerating the large-scale adoption of clean energy and related clean technologies (cleantech) in the Asia-Pacifi c region. As seen in leading clean energy markets like the People’s Republic of China (PRC), India, and the U.S., startups develop the technologies, business models, projects, and services required to drive down the costs and risks of deploying cleantech at scale. However, the few cleantech entrepreneurs in the region often face huge barriers such as lack of access to the risk capital and pilot customers they need in order to survive and scale-up.

What can we do to better support entrepreneurial start-ups to accelerate the growth and deployment of cleantech in the region? Which enabling models, policies, and programs from around the world can we learn from and replicate?

In this workshop, experienced and emerging cleantech startup entrepreneurs will share their experiences and insights with policymakers, industry representatives, investors, and other stakeholders on the risks and challenges they face and why early access to fi nancing and potential customers are so important. The goal of the workshop is to share ideas on actionable initiatives that can support and help cleantech start ups in the region scale-up.

TO SCALE UPWhat it really takes to scale clean technology

FROM START UP

ACEF STARTUP CAFE

Young cleantech entrepreneurs will be at ACEF to showcase emerging cleantech solutions such as blockchain, solar e-platforms, smart energy management, drones, ride sharing, thermal storage, and remote asset monitoring.

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FROM STARTUP TO SCALEUP: What it really takes to scale clean technology

AGENDA

13:30-14:00 REGISTRATION

14:00-14:05 OPENING & WELCOME Yongping Zhai, Technical Advisor (Energy), ADB

14:05-14:15 INTRODUCTION: “Why Cleantech Entrepreneurs Matter”Daniel Hersson, Team Leader, ADB Climate Technology Finance Center (CTFC)

14:15-14:30 PRESENTATION: “The State of Cleantech Innovation in Asia”A presentation on the Global Cleantech Innovation Index 3rd Edition Special Supplement on Asia

Presenter:Richard Youngman, CEO, Cleantech Group

14:30-15:30 PANEL: “FROM START-UP TO SCALE-UP: Building Cleantech Businesses”A panel of cleantech entrepreneurs who have successfully scaled-up will discuss what it took to build and scale their businesses, the barriers and challenges they faced, and the best support they’ve received and from whom.

Moderators: Richard Youngman, CEO, Cleantech Group and Qiyong Cao, CTFC

Panel:Rajat Gupta, Founder, CEO, TESSOLLv Zheng Liang, General Manager, Tsingyun Solar Cody Friesen, Founder & CEO, Zero Mass Water

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ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

15:30-16:00 COFFEE BREAK AND NETWORKING

16:00-16:45 PRESENTATIONS and Q&A

“BRIDGING THE GAPS - Helping Cleantech Startups Scale Up”Cleantech enablers will present di� erent models, systems, and ongoing programs designed to support the scaling-up of cleantech startups.

Moderators: Richard Youngman, CEO, Cleantech Group andSusumu Yoneoka, Senior Energy Specialist (Smart Grids), ADB

Presenters:Arjit Johri, CIIE IIM Ahmedabad Infuse, India – “Building an ecosystem for cleantech start-ups” Xiao Jing, TusStar Incubator, PRC – “From university lab to market”Hendrik Tiesinga, New Energy Nexus, US – “Connecting start-ups with utilities”Karthik Chandrasekar, Sangam Ventures, India

16:45-17:25 GROUP DISCUSSION: “FROM TALK TO ACTION - Making it Happen”This facilitated group discussion will discuss concrete, specifi c support initiatives and actions we should consider in order to help scale cleantech start-ups in the region.

Facilitator: Hendrik Tiesinga, Co-Founder and Program Manager, New Energy Nexus

17:25 -17:30 WRAP-UPDavid Elzinga, Senior Energy Specialist, ADB

18:00-19:30 COCKTAILS AND NETWORKING

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FROM STARTUP TO SCALEUP: What it really takes to scale clean technology

YONGPING ZHAI, TECHNICAL ADVISOR (ENERGY), ASIAN DEVELOPMENT BANK (ADB)Mr. Zhai is in charge of ADB’s overall energy policy coordination and technical support to energy sector operations. He develops energy sector knowledge work and interacts with worldwide energy sector partners. Prior to his current position he worked in energy sector operations in South and Southeast Asia, supporting renewable energy, energy e� ciency and power trade. Mr. Zhai also worked as a principal program coordinator/public utilities economist at the African Development Bank in charge of energy projects.

DANIEL HERSSON, TEAM LEADER (CONSULTANT), ASIA PACIFIC CLIMATE TECHNOLOGY FINANCE CENTER, ADB Daniel manages an ADB program focused on accelerating deployment, adoption and transfer of clean technology across the Asia-Pacifi c. He has more than 18 years’ experience in the global energy and cleantech industry. Daniel is a recognized specialist on venture capital, strategy, startups, and innovation. Previously, he was Director of Strategy at BP Ventures, a leading global cleantech and energy-focused corporate venture capital fund. Daniel is also co-founder and venture partner at Infuse Ventures, India’s fi rst early-stage cleantech venture capital fund.

RICHARD YOUNGMAN, CEO, CLEANTECH GROUP Since January 2016, Richard has been CEO of Cleantech Group, following 7 years of driving the company’s growth in Europe and Israel, and Asia. He has extensive experience in technology and investment research, and comprehensive knowledge of cleantech innovation, venture capital markets, and start-ups across Europe and globally. He is a regular keynote speaker at major cleantech events and is the driving force behind the annual Global Cleantech 100, a list of the world’s most promising private cleantech companies.

SPEAKERS

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ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

RAJAT GUPTA, FOUNDER CEO, TESSOLRajat leads product and strategy at TESSOL. Having worked across continents with a large conglomerate like Robert Bosch and several early stage startups like 3Tier, Flodesign, Promethean Power, he brings in deep expertise in product development and commercialization. He is a mechanical engineer from IIT Delhi and an MBA from Harvard Business School.

LV ZHENGLIANG, GENERAL MANAGER, BEIJING TSINGYUN ENERGY TECH CO., LTD. Zheng Liang leads and manages Tsingyun Solar, a leader in green distributed energy is engaged in the development, investment, construction and operation of distributed photovoltaic (PV) system and Micro-grids. Using their patented Solarule technology, Tsingyun Solar provides smart green energy for major industrial customers, government parks and agencies.

CODY FRIESEN, FOUNDER & CEO, ZERO MASS WATER Entrepreneur and materials scientist Cody Friesen is Founder and CEO of Zero Mass Water, whose product SOURCE is a solar panel that makes water from air and Founder of Fluidic Energy, an advanced battery company. He is the Fulton Engineering Professor of Innovation at Arizona State University and a Senior Sustainability Scientist at the ASU Global Institute of Sustainability. Cody was named by The Aspen Institute as a 2015 Henry Crown Fellow and is a MIT Technology Review “TR35” top innovator under 35 years of age. He has 145 active patent matters worldwide, and 37 granted patents.

Rajat leads product and strategy at TESSOL. Having worked across continents

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FROM STARTUP TO SCALEUP: What it really takes to scale clean technology

HENDRIK TIESINGA, CO-FOUNDER AND PROGRAM MANAGER, NEW ENERGY NEXUSHendrik is the co-founder of New Energy Nexus at the California Clean Energy Fund, a platform that supports clean energy entrepreneurs worldwide, also supported by ADB. He is also the co-founder and program manager of Free Electrons, an advanced accelerator program matching startups and utilities worldwide. He was a co-founder of Natural Innovation and the Finance Innovation Lab in London and a visiting research fellow at the University of California, Berkeley.

KARTHIK CHANDRASEKAR, FOUNDER & CEO, SANGAM VENTURESKarthik founded and leads Sangam Ventures (India), a seed and early stage venture fund that invests to improve access to sustainable energy and resource productivity solutions for the underserved in India. They invest in solutions that lead to inclusive development and the creation of communities resilient to climate change.

XIAO JING, DIRECTOR, TUSSTAR ENTREPRENEURSHIP RESEARCH CENTER Jing Xiao is responsible for innovation entrepreneurship research and international business cooperation at TusStar Innovation Research Center, one of the earliest and largest national incubators in PRC. She is also engaged in the investment and incubation of new medicine, new energy and new material projects.

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ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

ARJIT JOHRI, MANAGER, CORPORATE DEVELOPMENT, CIIE IIM AHMEDABAD INFUSEArjit advises startup companies on business development, capital raising, potential partnerships and M&A possibilities through strategic engagement opportunities created with domain leading, Indian and global corporates. He was responsible for building a network of early stage investors and advised startups on fund-raising, deal structuring, negotiations and investment closures.

DAVID ELZINGA, SENIOR ENERGY SPECIALIST, ADBDavid works to support ADB’s energy investments. He was lead author of the International Energy Agency’s Energy Technology Perspectives publication and led the IEA’s work on electricity system technologies, such as smart grids. Working on energy and climate for over 20 years, David focused on technology, policy, and analysis in the private and public sectors. He has developed markets, deployed renewable and energy e� ciency technology, and advised local and national governments on energy policy.

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FROM STARTUP TO SCALEUP: What it really takes to scale clean technology

Beijing Tsingyun Energy Tech Co. Ltd. “Tsingyun Solar” (People’s Republic of China) is engaged in the development, investment, construction and operation of distributed photovoltaic (PV) system and Micro-grids and has patented Solarule technology. They provide smart green energy for major industrial customers, government parks and agencies.

CLEANTECH STARTUPS

Energo Labs (PRC) is one of PRC’s fi rst startups dedicated to the blockchain-distributed energy. Their peer-to-peer energy network enables microgrids to produce, store and transfer the energy independently.

Ezysolare (India) is venture funded tech company that makes it easy to #gosolar by giving a one-stop solution for solar design, equipment and installation services online making it easy, cheap and hassle free. Ezysolare’s online platform for engineering and procurement for equipment used to build solar power projects connects solar installers with manufacturers of solar equipment.

Cropital (Philippines) is a crowdfunding platform that connects anyone willing to fi nance Filpino farmers. They aim to improve the income and productivity of Filipino farmers.

Electric Vehicle Expansion Enterprises Inc. (Philippines) is the only electric vehicle public transport solutions provider in the Philippines with actual fl eet operations experience.

Dichung (Vietnam) provides an online rideshare marketplace that allows drivers to trade free seats in their vehicles. They also work with transportation companies to o� er taxi sharing and vanpooling.

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ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

Horee I.C.A (PRC) aims to help solar customers improve their return on investing in solar by better forecasting and managing their power systems. Horee’s system/technology shaves peak consumption for customers and shifts load to optimize usage and eventually accelerate returns. Based in Shenzhen, PRC, Horee was founded by two young scholars from University of California, San Diego.

Power Ally (PRC) helps commercial users set up power purchasing and risk management strategies to reduce energy costs and improve e� ciency using big data and IoT technology.

Okra Solar (Cambodia) provides a� ordable solar energy to people living in o� gird areas via smart, modular, mesh grid technology.

Promethean Energy (India) builds low-grade waste-heat-recovery solutions for industrial applications helping customers signifi cantly cut down carbon emissions. They work with large (and small) industries from automotive, textiles, dairies and processing industries to develop and deploy solutions to recover waste energy and generate hot water.

Global Himalayan Expedition (India) focuses on providing clean energy access , digital education access, livelihood access and wireless connectivity access to the remote mountain communities located above 12000ft sea Level. GHE has to date electrifi ed 25 remote o� grid villages by setting up 110 DC solar microgrids in Ladakh, India

Nature & Future (PRC) has a unique e-commerce B2B and by B2C business model to sell green plants to purify the indoor air, and improve indoor micro-environments.

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FROM STARTUP TO SCALEUP: What it really takes to scale clean technology

TESSOL (India) provides energy e� cient and fuel saving refrigeration technologies for mobile cold chain storage and logistics. Their patented “PLUGnCHILL solution provides an e� cient refrigeration unit for cold storage that runs on grid power instead of diesel fuel resulting in signifi cant savings and fewer emissions.

Reneon (Malaysia) focuses on providing energy saving opportunities ranging from energy audits to energy e� ciency solutions. Reneon’s proprietary energy monitoring system enables industrial customers to view real-time electricity consumption based on data collected from an array of wireless sensors installed at their facilities.

Science for Society Technologies S4S (India) has developed and commercialized a range of food dehydration technologies for farmers and industry. S4S works with over 1,200 farmer and farmer cooperatives under its solar powered dehydration initiative supported by USAID, UKAID, Gates Foundation and Government of India.

Solar Esco (Vietnam) provides turnkey solutions for solar water heating systems & solar power under an ESCO model for buildings, schools and hospitals.

Zero Mass Water (U.S.) develops, deploys, and monitors low cost, reliable equipment that uses solar energy to produce potable water. SkyEye (Philippines) is a drone service

company that provides land surveying, aerial videography, and data analytics services. Their drones help with disaster mitigation, forest protection, and precision agriculture to helping farmers manage their crops with high-resolution crop and soil data.

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ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

Cleantech Group (US & Europe) supports the development and marketability of clean technologies by providing members of its Cleantech network access to capital, investors, research and promotional opportunities. The group also provides advisory services for large corporations and governments.

MOST Business Incubator (Kazakhstan), the country’s fi rst private business incubator, supports startups and existing entrepreneurs through education, mentorship, and access to fi nance. Established in 2011, MOST now has more than 50 portfolio companies and an ambitious expansion strategy supported by strong private and government partnerships.

New Energy New Nexus (U.S.) supports clean, smart, and distributed energy startups worldwide, and facilitates collaboration and innovation among the accelerators, startups, companies, and investors who are building tomorrow’s energy systems.

Ideaspace (Philippines) is non-profi t dedicated to supporting innovation, technology development, and entrepreneurship as a path to nation building. Ideaspace startups benefi t from funding, education (through informal learning sessions and entrepreneurship development programs), market runway, and expert mentoring.

CLEANTECH ACCELERATORS AND INVESTORS

Infuse Ventures (India), housed at IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE), is an early stage venture capital fund and ecosystem focused on the sustainability and clean energy sector in India. The fund’s initiatives aim at supporting ideas right from prototyping to commercialization stage by enabling mentoring, seed funding, equity and debt funding for innovative ideas and models in the sector.

Impact Hub (Philippines) o� ers access to incubation programs, corporate innovation workshops, entrepreneurial leadership training, workspace, and learning community. With 15,000+ members in 81 Impact Hubs across the world, it has become a center for people working to innovate a new kind of economy. Impact Hub Manila was founded in 2015 as a for-purpose business model.

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FROM STARTUP TO SCALEUP: What it really takes to scale clean technology

PFAN-Asia The Private Financing Advisory Network (PFAN) identifi es promising clean energy projects at an early stage and provides mentoring for development of a business plan, investment pitch, and growth strategy, signifi cantly enhancing the possibility of fi nancial closure.

Qbo Innovation Hub (Philippines) is a collaboration between the Department of Trade and Industry (DTI), Ideaspace, the Department of Science and Technology, and JP Morgan that provides support and resources to help Filipino startups develop, grow and succeed, including focused interventions to improve access to markets, knowledge, capital and talent.

TusStar (PRC) is one of PRC’s most well-known technology business incubators with more than 20 years of experience incubating and accelerating technology startups. TusStar was set up in 1999 under Tus Holdings, an integrated enterprise which develops and operates Tsinghua University Science Park. TusPark is a nationwide network of science and innovation parks in more than 20 cities and regions across PRC, covering more than 1000 technology companies and research institutes.

Sangam Ventures (India) is a seed and early stage venture fund that invests to improve access to sustainable energy and resource productivity solutions for the underserved in India. They invest in solutions that lead to inclusive development and the creation of communities resilient to climate change.

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ASIA CLEAN ENERGY FORUM 5-7 JUNE 2017

CONTACT

ADB’s Asia Cleantech project at the Asia-Pacifi c Climate Technology and Finance Center seeks to accelerate clean technology entrepreneurship and investment in Asia by supporting activities, programs, and partnerships that aim to produce more investable cleantech businesses, more risk capital for cleantech, increased cleantech knowledge, and a stronger cleantech ecosystem.

ASIA-PACIFIC CLIMATE TECHNOLOGY FINANCE CENTERSector Advisory Services Cluster - EnergySustainable Development and Climate Change Department

Daniel Hersson Team LeaderEmail: [email protected]

Kristine Lucero Operations CoordinatorEmail: [email protected]

Read how cleantech start-ups can solve climate change:www.adb.org/publications/cleantech-start-ups-can-solve-climate-change