Why 1st Mile?
"The planet is dying and we are killing it.
The good news is, we have everything we need now to
respond to the challenge of global warming. We have
all the technologies we need".
Al Gore in his Copenhagen speech, January 18th,
2007
It is the mission of 1st Mile to bring
new, clean technologies from idea/research to business.
We do this by maturing the idea to a quality attractive
for investors.
"90% of all start-ups, who are not able to
attract external capital, fail within 3 years".
Gombers and Learner, 2001
It is the mission of 1st Mile to assist
start-ups, as well as investors, to create more successful
new cleantech companies.
“For every 100 clean energy start-ups in
the US, Europe only produces 37”. “What
is needed in stead is a concerted effort to break down
barriers to innovation and entrepreneurship throughout
Europe’s clean energy sector”.
Michael Liebreich, CEO, New Energy Finance
It is the mission of 1st Mile to increase the innovation
and entrepreneurial spirit in the cleantech sector,
enabling more clean solutions for the benefit of society
and environment.
"Product features become benefits only when
they address the needs of the customer".
Curtis Carlson & William Wilmot in their book
"Innovation", 2006
It is the mission of 1st Mile to bring more "market
pull" into the cleantech sector, hence significantly
increasing the success rate of of research and development
efforts and optimising the value of public and private
R&D spending.
"Only 0.27 % of all start-ups were energy
companies in 2004 declining from 0.45 % in 2000"
The report "THE ENERGY INDUSTRY IN DENMARK - perspectives
on entrepreneurship and venture capital" published
November 1st, 2006, by
Vaekstfonden, a government backed investment fond in
Denmark.
It is the mission of 1st Mile to increase investments
in the cleantech sector, so that more and more solutions
for a cleaner world can be implemented.
Click to see how we do this.
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