Cleantech

Sustainable September 2024

Every year Business Isle of Man celebrate local businesses and their sustainable practices, through a month long Sustainable September campaign. If you would like to take part, please get in touch contact-business@gov.im.

Supercharging Innovation in the BIOSPHERE

 

The past year has seen an unprecedented growth in political interest in the Environmental agenda; and the Cleantech sector is a natural fit for the Island’s high tech engineering sector, strong construction industry, and internationally recognised Biosphere Status.

As part of the Isle of Man’s response to climate change the Isle of Man Government is committed to transitioning to a net-zero emissions Island for the benefit of the environment, the Manx people, and to be a responsible global partner.

The Isle of Man Government has pledged a commitment to undertake a range of initiatives in an ambitious Action Plan set out to enable the Island to achieve Net Zero Emissions by 2050.

The changes required to achieve net zero emissions will create business opportunities in many areas including;

  • Improving Heating and Energy Efficiency in Buildings
  • Generating Renewable Energy and Providing Energy Storage Facilities
  • Introducing Low Carbon Vehicles

Isle of Man's Cleantech Taxonomy and themes

Embracing sustainability and environmental stewardship, this sector challenges entrepreneurs to fuse innovation with ecological consciousness, addressing critical issues related to our planet’s well-being.

Example issues:

  • TRANSPARENT ETHICAL SUPPLY CHAIN: Create solutions enabling measurement, verification and traceability of end-to-end supply chains thereby promoting sustainable sourcing, production, and consumption practices.

  • ENERGY DEMAND MANAGEMENT: Innovate to enhance demand-side response, meeting energy needs on the island efficiently while fostering sustainability and resilience.

  • SUSTAINABLE BUILDING SOLUTIONS: Develop cost-effective solutions to make our existing and future building stock more sustainable and auditable.

Innovation Challenge 

The Innovation Challenge is a global competition where participants of all stages of development are invited to present ground-breaking solutions to address specific challenges and drive the growth of technical innovation in the Isle of Man. Finalist businesses in the Innovation Challenge gain a unique opportunity to collaborate with Government agencies, regulators, and local enterprises within a leading tech hub, allowing them to scale up their solutions for the global market.

The 2024 challenge harnessed the power of the Isle of Man’s world-leading, agile regulation to foster collaboration with local communities, resulting in sustainable and innovative technologies that tackle key issues in three core sectors - FinTech, Cleantech, and Artificial Intelligence.

The Cleantech category focused on embracing sustainability and environmental stewardship, and challenged entrepreneurs to fuse innovation with ecological consciousness, addressing critical issues related to our planet’s well-being.

The Final Event 2024

With over 50 applications from 20 countries worldwide, the Innovation Challenge 2024 saw 13 finalists face their industry peers on 13 June 2024. Each finalist had 10 minutes to present their ground-breaking solutions to address specific challenges and drive the growth of technological innovation in the Isle of Man.

The winners for the Cleantech category was Re-Universe for its packaging return and reuse system. Watch the team’s 10-minute pitch in the video below.

Find out more

Join us on this exciting journey, and together, let's shape the future of innovation!

Your Cleantech Contact

Rachel Hopkinson

Business Development Manager

rachel.hopkinson@gov.im

+44 (0) 1624 687175