UPF Investee Oxford PV included in the sixteen Best of British Cleantech start-ups heading to Silicon Valley
Sixteen of the UK’s most innovative and fast growing Cleantech companies have earned a place on an entrepreneurial trade mission to San Francisco, with the aim of opening up their business to the US market.
The week-long event includes a packed itinerary of opportunities to meet with the best of Silicon Valley’s investors, customers and supply chain partners, designed to champion British Cleantech innovation on an international stage. The trip is aligned with San Francisco’s Cleantech Group’s Global Forum, celebrating its 10th Anniversary with the theme of ’The Power of Global Partnerships’.
The Mission will boost Britain’s growing clean technology sector and drive inward investment into the UK. It’s a proven formula as more than $180m has been raised in private finance by companies attending previous Missions and more than 20 per cent now have a US subsidiary.
The partners that have collectively organised the Mission and selected the winning businesses are the Technology Strategy Board, The Long Run Venture and the Co-sponsorship Agency, supported by UK Trade & Investment (UKTI) and other private sector sponsors.
Speaking at the launch reception held on 14th March 2012 at the London Stock Exchange, home to more than 70 listed Cleantech companies, The Minister for Climate Change, Greg Barker said:
"It’s a credit to the renewed groundswell in ambition and the confidence for growth among young and enterprising small businesses that so many applied for a place on this Clean and Cool Mission. I’m proud that we’ve got a delegation, not only of extremely impressive future exports but of such variety, and it’s of course due to the collaborative efforts and resources of the public and private sector collective that have made this Mission such a sought after activity. I will follow the Mission with great interest and hope to hear of similar successes to previous Missions as these growing businesses represent the best of Cleantech on the international stage."