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ClimateSpark puts $15 million in financing up for grabs for enviro companies

A contest from the Toronto Atmospheric Fund announced recently puts a $10,000 prize and up to $15 million in financing up for grabs for innovative business proposals to help solve global climate change.

"ClimateSpark is tapping business ingenuity and competitiveness to spark some creative climate change solutions that can also help companies turn a profit," says Julia Langer, executive director of the Toronto Atmospheric Fund.  "If you believe that a thousand minds are better than one, ClimateSpark offers the opportunity to put an idea in front of a diverse community that will work with businesses to refine and develop -- and then judge -- their ideas."

The contest runs in two phases. The first round, open until December 20, will select nine finalists, who will proceed to a second round in January. The winner will be announced at the ClimateSpark Summit in Toronto on February 2, 2011. All nine finalists will have the opportunity to present their project proposals to a panel of investors from firms that have $15 million to invest. Information is available at the contest website at www.climatespark.ca.

Writer: Edward Keenan
Source: Julia Langer, Executive Director, Toronto Atmospheric Fund
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