Local Clare business among standout green innovators to successfully complete programme
EIGHT rising green businesses from across Ireland have successfully completed the 2023 Accelerate Green Programme, including CW Applied Technology from Co. Clare, a business accelerator programme that Bord na Móna is investing €5million in over the next three years to continue helping emerging Irish innovators in the climate solutions space to scale and thrive.
This year’s Accelerate Green graduates include NanobOx, Hibra Design, HUB360, HaPPE Earth, Superfy, NEG8 Carbon, EC Charging, and CW Applied Technology.
From direct air carbon capture technology, and medical grade compostables for Ireland’s healthcare system, to water treatment technology using nanobubbles, the 2023 cohort of businesses are pioneering some of Ireland’s newest sustainable innovations and creating unique climate focused solutions for a variety of industries in Ireland and internationally.
As part of the Accelerate Green Programme conducted in partnership with Resolve Partners, the eight businesses have participated in a series of comprehensive learning and mentoring workshops in recent months, and engaged with a broad range of leaders from enterprise and energy agencies, Irish-founded companies, research networks and investors.
The eight 2023 innovators will now join the existing alumni of green businesses who participated in the first rollout of the programme last year, most of whom have reported continued business scaling in the past 12 months.
According to research* conducted among the 2022 alumni, 60% have scaled their business operations in Ireland, and 80% have grown their business internationally since graduating from Accelerate Green last year. 40% of the alumni have secured more new investment in the past 12 months versus the previous 12 months, and the vast majority (80%) have expanded their workforce in the past year.
This year’s Accelerate Green Programme culminated in Bord na Móna’s Accelerate Green Conference ‘Ireland’s Sustainable Future 2023’ on Thursday 1st June, which showcased and celebrated the eight business to complete the programme and their journeys so far.
Over 250 attendees from across the country joined the conference to gain insights from some of Ireland’s key thought leaders and innovators who are using sustainable business ideas and practices to help tackle climate change. Key speakers and panellists included: Bord na Móna’s CEO Tom Donnellan, Minister of State for Trade Promotion, Digital and Company Regulation Dara Calleary TD, Assistant Prof. Landscape Studies & Environmental Policy at UCD Dr Cara Augustenborg, AWS Director of Energy EMEA Lindsay McQuade, Bord na Móna’s Head of PowerGen Dr John Reilly and Professor of Economics at UL Stephen Kinsella, among many others.