Canada India Sustainable Technology Venture Competition (CISTVC)

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Cover for the Sustainable Business Booklet.Image via Wikipedia

David is a friend whom I got to know in my journey as an author. I thank him for his support of Way Of The VC. He ordered a signed copy of Way Of The VC to be shipped to his home in Canada - it was a flattering gesture and the first time that I realised that the autographed copy of my book was in such demand.

One kind gesture deserves another - I wanted to help him pass a message. Genesis Facility Foundation, which David founded, has launched the Canada India Sustainable Technology Venture Competition (CISTVC). The Competition will be between qualified management and technical schools/institutes in Canada and their counterparts in India and will invite graduate students (final year) from respective MBA Programs, Science and Technology Programs, Climatology and related Engineering Programs, to develop commercially viable, clean and sustainable technologies for combating and reversing climate change. This would be a Canada-Indian education event which would propel the best and brightest students into thinking of climate change mitigation and develop alternative energy solutions. Schools and institutes may send up to two representative teams to the competition. Each team would submit a business plan for its technology.

The business plans must meet traditional return-on-investment and profitability standards, while demonstrating eco-efficiency and achieving sustainability on a project-by-project basis. Approximately eight qualifying teams will be selected to make their presentation and compete at the Finals in the host/partner institution. A panel of judges will be composed of eminent faculty, venture capitalists and industrialists. Winners of the CISTVC will receive cash awards and will be introduced to top tier venture capitalists.

The CISTVC will be the first of a series of Bilateral Sustainable Technology Venture Competitions with US India and US China Sustainable Technology Venture Competitions being planned to follow the CISTVC.

For more info, pls contact:

David Yates,

Founder and Chairman,

Genesis Facility Foundation

www.genesisfacility.org


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