Søren Houmøller to talk about CSR on Iceland
on May 8th
On the Søren Houmøller from 1st Mile
will speak about integrating climate change with your
At Global Compact Nordic Network Meeting Søren
Houmøller from 1stMile will address the following
- What are the various business motivations to focus
on climate change?
- How do you integrate climate change in to the core
- How can a life cycle analysis help you develop a
Søren Houmøller on expert panel
On March 5th, a panel of 5 experts will debate if recycling
can be the next growth industry for Danish companies
at a conference held at H. J. Hansen in the city of
Danish company with the ambition to list on
the stock exchange through an IPO choses 1st Mile as
After evaluating and improving the company's value
proposition and business plan, it is now in the process
of calculating its valuation before approaching investors.
1st Mile to identify sustainable solution for
local energy company
At the town of Gjøl, a EU funded gasification
demonstration project has been concluded unsuccesfully.
1st Mile has been asked by the Danish Energy Authority
to screen for options for the local energy company supplying
heat and power to the community.
Consortium with AQUAporin,
and 1st Mile will develop a new energy source
The Danish R&D programme, PSO, managed by Energinet.dk,
has awarded the consortium a project to develop salinity
power. In salinity power, the difference in osmotic
pressure of up to 28 bars between seawater and freshwater
is utilized to drive a turbine to generate electricity.
The major barrier for a commercial breakthrough of
salinity power is the membrane separating seawater and
freshwater. The consortium will take advantage of the
unique AQUAporin membrane, originally designed to clean
water to an extremely high level.
First step of the development is to investigate the
potentials for salinity power in Denmark. The project
will commence in February 2007.
See more on salinity power at Statkraft
and at Ingeniøren
1st Mile celebrates Christmas and invites friends,
partners and customers to drop by on December 18th 2007
from 15 to 17.
Gitte Videcrantz joins 1st Mile as senior consultant
See Gittes credentials here.
1st Mile develops criteria for the Danish EUDP
By early 2008 a new demonstration program supported
by the Danish state will be implemented. A strong commercial
focus requires a new set of criteria for funding decisions.
The EUDP secretariat and board will use the criteria
for commercialisation and implementation developed by
1st Mile to allocate at least DKK900m (€120m) in
public funding over the next four years.
New course: Business plans for project applicants
1st Mile has designed a course for project
applicants who need to improve their skills on writing
and implementing business plans.
In Denmark, the market for energy and environmental
projects is increasing very fast. In 2010 the volume
will be doubled compared to the 2007 level.
At the same time, project providers like Energinet.dk
(PSO-projects), The Danish Energy Authority (EUDP),
EU FP7 and Højteknologifonden ask for clear business
plans for commercialisation.
Consequently, project applicants now need to add new
competences regarding business creation to be successful
with new projects.
1st Mile has now created and held a new course. Click
to download pdf.
Another new contract for 1st Mile
1st Mile has signed a contract with a publicly
listed significant company in the cleantech industry.
1st Mile will work with business strategy in a specific
New contract for 1st
1st Mile has been chosen to assist PriceWaterhouseCoopers
to give advice on a group of investors looking at the
1st Mile has struck a
Implementing new, clean technologies is top
of mind both politically and economically.
1st Mile has had a lot of press coverage on our knowledge
in media such as Børsen, Berlingske Tidende (twice),
El & Energi, Erhvervsbladet, Søndagsavisen
and more. See the press section
Opening reception at
With the other companies in "Investor's
Corner", 1st Mile hosts a welcoming reception at
May 31st. See the invitation here.
1st Mile now at Scion-DTU
1st Mile has formed an "Investor's Corner"
at the research park Scion-DTU together with other companies
working with investments.
With Øresund Health Care and Gate2Growth, 1st
Mile has established an "Investor's Corner",
aiming at bringing capital and technology together.
The European Venture Summit has added Søren
Houmøller of 1st Mile to it's Advisory Board
for the up-coming New Energy Forum conference
The New Energy Forum is a conference held under the
European Venture Summit, a conference and meeting place
for investors and new businessess. The New Energy Forum
was established in 2006 as a reply to the fast growing
importance of new energy technologies in the minds of
venture capital investors.
The time and venue of the conference is yet to be confirmed.
It is expected to take place in December 2007.
More information at the European
Venture Summit web page.
In its efforts to promote Danish energy technology,
the Energy Industry under the Confederation of Danish
Industries has created an Innovation and Research Committee
The committee will increase the innovation capability
of the Danish energy sector to facilitate the development
of new technologies for the World market. Based on the
fact that Danish companies have been in the forefront
of the creation of technologies such as wind mills,
district heating and combined heat and power, the Energy
Industry aims at creating similar new successes in the
For the Innovation and Research Committee a four man
chairmanship has been appointed: Senior economist Martin
Wittrup Hansen of DONG Energy, managing director Allan
Berg of Kasmatic, director Gorm Ellegaard Andersen of
Sydvest Energi Partner A/S, and managing partner Søren
Houmøller of 1st Mile.
The Energy Industry under the Confederation of Danish
Industries is a platform for companies that have energy
as a business area. The purpose of the Energy Industry
is to promote collaboration between companies in the
sector. See more at Energy
1st Mile chosen to screen
1st Mile will screen the Energinet.dk project
portfolio to identify potential deals for venture investors
Every year, Energinet.dk funds research, development
and demonstration projects for clean, environmentally
friendly energi procurement. With approx. DKK 130m (€20m)
in funding being matched with private contributions,
the RD&D effort has an annual value of approx. €40m.
The commercial output of the funding does not, however,
meet the potentials in the projects, among other things
because there is limited venture capital tradition within
the sector in Denmark. In other words, assistance is
needed to convert the promising technical potentials
to business, creating successful new energy/cleantech
companies with global reach.
1st Mile will
- Prepare new business plan templates to be used in
future tenders made by Energinet.dk
- Train Energinet.dk project managers on how to evaluate
business plans prepared by applicants
- Screen the Energinet.dk project portfolio for potential
- Create deal flow for investors from the most promising
- Bring the technologies with commercial potential
to the market place, and in that way go "from
research to revenue" for Energinet.dk.
Investors interested in hearing more about the deal
flow can contact Søren Houmøller.
Frida Frost joins 1st
Implementation and people skills are essential
to 1st Mile
M. Sc. Frida Frost has joined 1st Mile to strengthen
our implementation and people skllls. While many companies
settle with analysis, 1st Mile go all the way to create
value. In the energy and environmental fields we see
huge gaps that need to be covered, if new solutions
are to reach the real world.
Frida Frost is dedicated to solutions rather than problems
and has a talent for people and organisations, as well
as a technical background in energy systems, recycling
and waste disposal. Learn more about Frida.
1st Mile Fund to be established
Investors seek deals - 1st Mile to provide
them through new fund
1st Mile has announced the intention to establish the
“1st Mile Fund” which is to invest in clean
energy and environmental technologies.
New blog on innovation launched at Engineering
Most people in Denmark understand that we depend on
knowledge, new solutions, innovation and entrepreneurs
to grap the opportunities presented by globalisation.
We need to master the art of going form research to
revenue - but how are we performing? That is the subject
for the new weblog, written in the Danish language.
Silicon Valley pick-ups
Lots of lessons to be learned on cleantech innovation
in the Valley.
Organized by Innovation
Center Denmark, the conference "From Agenda
to Action" linked cleantech players from Silicon
Valley with Danish counterparts.
1st Mile took the opportunity to meet partners from
Silicon Valley as well as Denmark, and to get inspiration.
During the week two important news surfaced. First,
UC Berkeley received a $500m grant from BP for the Helios
biomass project, a stunning $50m annually to develop
biomass solutions. Then, a new report on Silicon Valley
reveiled that VC investments in cleantech in Silicon
Valley in Q3 2006 topped $300m, compared to less than
$10m in Denmark in the same period.
While Silicon Valley may outpace Denmark on the financing
level, Denmark has past successes as the wind mills,
district heating, combined heat and power and clean
power plant technology, leaving promises for mutual
benefits for a close cooperation between the two regions.
1st Mile founder Søren Houmøller
with professor Claus Hviid Christensen with a Mercedes
hydrogen car at the Silicon Valley visit.
1st Mile founded
1st Mile is to bring clean technologies to life.
As a response to the immense needs for bringing much
more new, clean technologies to good use, Søren
Houmøller has created 1st Mile as a company with
the vision to bridge the gap between commercial use
and new ideas, research, and technologies. This is what
we call the first mile.
The primary target customers will be investors, researchers,
start-ups, and R&D program funders.
The company is incorporated in Denmark and aims to
be a global player within cleantech innovation. This
will be achieved through partnerships in relevant geographies,
as well as local 1st Mile presence in relevant places.
1st Mile founder, Søren Houmøller, was
the director of the Danish cleantech venture capital
company EGJ Development before founding 1st Mile. He
holds both an M.Sc. degree in energy engineering as
well as an Executive Master of Business Administration.