GrowUp Urban Farms has been chosen as one of Europe’s eighteen most innovative cleantech start-ups by Climate-KIC to compete in the European finals of the Venture Competition 2014, on October 30th and 31st in Valencia, Spain.
A jury of experienced entrepreneurs, financiers and business people will be looking for the next generation of disruptive scalable clean technologies and services with the potential to make a substantial impact. Three winners will receive a total of €65,000 in funding to further develop their ventures.
GrowUp has been recognised as on of Europe’s most innovative companies, capable of making a national and global impact to create a more sustainable environment.
“We’re really excited to have made it to the European finals of this competition. This is a great opportunity for us to share the story of GrowUp and gain Europe-wide visibility of what we’re doing,” said Kate Hofman, Co-founder of GrowUp.
Hero Prins, Director of Entrepreneurship at Climate-KIC said: “The Venture Competition is designed to spur innovation by giving the cleantech start-ups of the future the funding and support they need to succeed commercially. As a finalist, GrowUp represents one of the brightest prospects currently in our unique Accelerator, that is now supporting over 120 start-ups every year, and making it to this stage is a fantastic indicator of the potential we see in their business.”
The competition forms part of Climate-KIC’s annual Innovation Festival, which takes place from 29th-31st October in Valencia and brings together Climate-KIC partners, students and entrepreneurs, as well as European policy makers and business market leaders in order to develop and commercialise innovative climate change products and services. The finalists have already been awarded a total of €360,000 in Climate-KIC regional competitions across Europe to accelerate the development of their ventures.