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January 29, 2014 PowerPoint Presentation
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January 29, 2014

January 29, 2014

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January 29, 2014

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  1. January 29, 2014 iNNOVEX2014Israel and the Cleantech Index Ohad Zuckerman UniVerve Ltd.

  2. January 29, 2014 The Cleantech Index • Investigates the global state of Cleantech innovation in entrepreneurial start-up companies • Forecasts where innovative Cleantech companies will spring-up over the next decade • Shows which countries are falling ahead and below the curve for Cleantech innovation

  3. January 29, 2014 Inputs of Innovation in Cleantech • General Innovation Drivers • Market and business sophistication • Percentage of population aged 18 - 64 who currently own or are setting up a new business • Cleantech- specific Innovation Drivers • Supportive Government policies (tax incentives, feed-in tariffs, renewable energy mandates) • Government R&D actual expenditure on Cleantech • Number of Cleantech-focused investors and funds • Local market size • Suitable infrastructure

  4. January 29, 2014 Outputs of Innovation in Cleantech • Evidence of Emerging Cleantech Innovation • Environment-related technology patents • Amount of venture capital invested in cleantech • Number of companies in the Global Cleantech100 list • Evidence of Commercialized Cleantech Innovation • Revenue of cleantech companies • Renewable energy consumption • Number of cleantech private equity deals M&As, IPOs and listed cleantech focused corporates • Percentage of population employed in cleantechSMEs

  5. January 29, 2014 Cleantech in Israel • # 12 – General Innovation Drivers • #21 – Cleantech-specific Innovation Drivers • #1 – Evidence of Emerging Cleantech Innovation • #14 – Evidence of commercialized Cleantech Innovation • Overall score - # 2 (after Denmark, before Sweden, Finland & USA) • Scope – EU27 and G20 countries • Cyprus, Estonia, Latvia, Lithuania, Luxembourg, Malta, and Slovakia omitted • Israel, Switzerland, and Norway added

  6. January 29, 2014 Cleantech in Israel • High capacity to produce innovative companies BUT • Low ratio of local commercialization • Low government support • Scarce cleantech-focused investors • Lack of domestic market • Scarce local scale-up capital • Commercialization out-side of Israel

  7. January 29, 2014 Go-On-Green (GOG) Fund • A new financial instrument to support companies that meet the following criteria: • Developed a technology or have a license to a “Clean Technology” • Finished R&D • Need to scale-up / project financing • Nationality is not an issue • Auditors included in an approved list

  8. January 29, 2014 GOG Fund – cont. • Not matching funding , a long-term loan • funding period and pay-back period • No guarantees • Loan returned subject to the project success • Pay-back schedule will be built on a case by case basis

  9. January 29, 2014 GOG Fund – Challenges • Avoid corruption • Be professional • Global impact • Multidisciplinary

  10. January 29, 2014 GOG Fund – cont. • Israeli Government should invite other Governments • 1st fund - at least USD 250 million • Managed by General Partners • Investment committee - multinational, professionals and business persons • 3 types of loans - big, small or big projects (to be defined) • A maximum amount determined per each scale • List of criteria and a score (weight) per each one • Final amount decided according to the score • Corporate Governance and Code of Conduct charters

  11. January 29, 2014 Thank you Ohad Zuckerman, CEO - UniVerve Ltd. 0523-412-333, Ohad@univerve-biofuel.com www.univerve-biofuel.com