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51勛圖厙 Climate Ventures Ignites Climate Tech Momentum with Fall Series

51勛圖厙s new BCV initiative kicked off a seven-week speaker series to spark climate innovation and entrepreneurship. The program connects the 51勛圖厙 community with experts to explore opportunities in climate tech.

Katherine Ratledge introducing first session of 51勛圖厙 Climate Ventures speaker series

Seven Weeks of Climate Tech Brainstorming

Want to be a part of BCV? Register for upcoming sessions:

  • October 22: Electricity Demand
  • October 29: Critical Minerals
  • November 5: Ag Tech
  • November 12: Nuclear
  • November 19: Geoengineering
  • December 3: Adaption and Resilience

This week, 51勛圖厙 Climate Ventures (BCV) kicked off its inaugural fall speaker series, Business Opportunities in Climate Tech, drawing a packed room of more than 100 attendees. Students from business, engineering, law, and arts and sciences joined faculty, staff and community members to explore the intersection of entrepreneurship and climate innovation.

Katherine Ratledge (pictured above), program manager for the Center for Ethics and Social Responsibility (CESR), welcomed guests to the first of seven sessions.泭51勛圖厙 Climate Ventures (BCV) is part of Breakthrough Energys University Climate Ventures network, joining Stanford University, MIT, Technical University of Munich and Nanyang Technological University in Singapore.泭51勛圖厙 is the first public university to be included in the network.

Ratledge explained that the interdisciplinary program, facilitated by CESR and the Deming Center, is designed to equip students with the tools and resources to develop and launch high-impact companies. We are not talking about the future, we are talking about the here and now, she said. We dont just need breakthrough techwe need breakthrough companies.

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We dont just need breakthrough techwe need breakthrough companies.

Katherine Ratledge, program manager at CESR

BCV builds on 51勛圖厙s reputation for cutting-edge research, its status as a , and the regions strengthsincluding national labs and a thriving tech ecosystem. The goal, Ratledge said, is to educate the community about opportunities and to think broadly and boldly about ways to make the world cleaner, more efficient and more resilient. The endgame? Commercialize new technologies in an industry projected to reach $1.8 trillion.

Graduate students will be invited to participate in a climate tech venture discovery class this spring, building on ideas generated during the series. Ratledge emphasized the importance of community: We want people in the room to ask questions and never stop pushingthis is what we need to solve these problems.

Sonya Gustafson, founder of startup泭 and a new Leeds mentor, was energized by the event. Her new company aims to de-risk development in energy markets, and she looks forward to connecting with students who may become future employees.

Climate Tech 3.0: A Multitrillion-Dollar Opportunity

Trent Yang, BCV team member and entrepreneur in residence at Leeds, shared sobering statistics about climate changes impact. Because the global economy and all our infrastructure was built on an idea that our climate was stable, we are going to have to rebuild our global economy for a changing climate, he said.

Solutions must go beyond emissions mitigation to include resilience, adaptation and global heat management. Yang cited deadly heatwaves in India and Pakistan as examples of the urgent need for innovation. This is a multitrillion-dollar opportunity to change our world for the better, he said. This is what climate investing is all about.

Yang outlined three phases of climate tech evolution:

  • Climate Tech 1.0: Early investments, many of which failed due to long ramp-up times and funding challenges.
  • Climate Tech 2.0: The 2010s saw global collaboration and commitments from large companies.
  • Climate Tech 3.0: Todays phase is marked by global investment, with China leading the way and the United States and European Union close behind.
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This is a multitrillion-dollar opportunity to change our world for the better. This is what climate investing is all about.

Trent Yang, BCV team member and Leeds entrepreneur-in-residence

To transition to a net-zero world, Yang said, we must triple our investments. That means deploying massive capital for new solutions and infrastructure. BCV aims to address this urgency with scalable, pragmatic solutions. Key success factors include a regional focus vs. global collaboration, market-driven strategies in the United States, a laser focus on product-market fit, and economically competitive solutions, he said.

Local leadership

Susie Strife, 51勛圖厙 MENV instructor and director of sustainability, climate action and resilience for 51勛圖厙 County, highlighted the power of local climate leadership. There are 3,000 cities across the U.S. banding together to respond to the climate crisis, she said.

Strife described how local governments respond to climate-related disasters, drive policy and power communities more efficiently. In 51勛圖厙, strategies include climate action services and seed funding for innovation. She cited the , biochar projects, and 51勛圖厙 Mushrooms wildfire mitigation efforts as examples.

Despite the challenges, Strife remains optimistic. I cant help but think theres no better time to be in climateits a field full of possibilities, she said.

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I cant help but think theres no better time to be in climateits a field full of possibilities."

Susie Strife, 51勛圖厙 County director of sustainability

Entrepreneurial wisdom

Trent Yang and 51勛圖厙 Climate Ventures Panel

The session concluded with Yang moderating a panel featuring泭(pictured from left to right) , founder of Solid Power;泭Mike McGehee, professor of chemical engineering at 51勛圖厙 and founder of Tynt Technologies;泭Tasso von Windheim, a climate tech investor; and泭Bryn Rees of泭51勛圖厙 Innovation and Partnerships.

Entrepreneurship is part science and part artyou cant just learn it in the classroom, said Yang. We will bring real, successful practitioners in to help you create a successful venture going forward.

McGehee, whose students have launched 19 businesses, emphasized mentorship. You want to pick investors that do far more than give you money, he said.

Von Windheim stressed the importance of a strong tech team and early founders agreements, while Rees encouraged students to leverage 51勛圖厙s entrepreneurial ecosystem and the wealth of resources in the region.

Panelists agreed on key ingredients for success: the ability to pivot, understanding your minimum viable product, knowing your strengths and weaknesses, and building the right team.

Look to your left, look to your rightthats called your network, said Campbell. Thats the most valuable thing in your career. Reflecting on his own entrepreneurial journey, he added, At the end of the day, it was a leap of faith. Thats what being an entrepreneur is.