Volterion, 4GENE and Ionera are the three talented winners of the first ACHEMA Start-Up Award. The awards were presented today during the Opening Session of ACHEMA in Frankfurt. The concepts of the three winning start-up teams convinced the experts on the jury from both a technological and an economic point of view. Besides the cash prize of 10,000 euros, the winners – together with the other finalists – now have the opportunity to present themselves all week to an international audience of professionals and to forge vital business contacts.
Just like the Oscar Awards ceremony: up to the last minute, none of the nine finalists had any idea who would receive the trophy and take home the 10,000 euros prize money. Right up until the Opening Session of ACHEMA the names of the winners were kept strictly under wraps:
In the Energy category, Volterion’s concept of a new storage technology for private homes was the outright winner. Volterion produces and markets small-scale vanadium redox flow batteries (2 kW - 10 kWh) for decentralized storage of renewable energy sources (solar) for use in private homes. Dr. Michael Brandkamp, Executive Director of High-Tech Gründerfonds, was particularly impressed by the advanced stage of development and high market relevance of the technology.
With Flavor-on-Demand, 4GENE was unrivalled in the Industrial Biotechnology section. 4GENE develops, produces and markets natural, biotechnologically engineered, activatable aroma glycosides. Hans-Peter Ilgner, member of the Executive Board of Business Angels FrankfurtRheinMain, underscored the creativity of the approach from which consumers may well soon reap the benefit.
Ionera, winner in the Measuring Technology/Analytics category, has developed a nanopore-supported platform technology enabling single-molecule through to DNA analysis. Prof. Dr. Rainer Diercks, Chairman of DECHEMA e.V., highlighted the tremendous diversity and potential of this method.
The winning teams together with the finalists of all three categories will be on hand to provide information about their concepts throughout the ACHEMA week at the ACHEMA Start-Up Award stand in Hall 9.2.
The ACHEMA Start-Up Award is conferred in recognition of outstanding ideas of young companies in the fields of chemistry, process engineering and biotechnology. The aim is to support these companies in opening up a new business area and thus to respond to the pressing challenges of the future. A prerequisite for participation is that natural persons should be named as the potential founders and the start-up should be based in Germany.
The ACHEMA Start-Up Award is jointly offered by DECHEMA Gesellschaft für Chemische Technik und Biotechnologie e.V., DECHEMA Ausstellungs-GmbH, Business Angels FrankfurtRheinMain e.V., and High-Tech Gründerfonds. The following institutions support the contest: Verband der chemischen Industrie e.V., Verein deutscher Ingenieure e.V., Arbeitsgemeinschaft industrieller Forschungsvereinigungen, and Gesellschaft Deutscher Chemiker. Sponsors include ALTANA and Air Liquide.
DECHEMA Gesellschaft für Chemische Technik und Biotechnologie e.V. (Society for Chemical Engineering and Biotechnology) brings together experts from a wide range of disciplines, institutions and generations with the aim of encouraging scientific exchange in chemical engineering, process engineering and biotechnology. DECHEMA identifies and evaluates emerging technological trends and facilitates the transfer of research results into industrial applications. This not-for-profit society has more than 5,800 members - engineers, scientists, students, companies and institutions. Together with DECHEMA Ausstellungs-GmbH it is the organizer of ACHEMA.
60486 Frankfurt am Main
Tel.: +49 (69) 7564-277
About Business Angels FrankfurtRheinMainFounded in 2000, Business Angels FrankfurtRheinMain e.V. has over 100 members, making it the largest Business Angels network in Germany. Around ten times a year it holds a matching event which provides a forum for innovative start-ups and Business Angel companies to meet. Business Angels make available their own venture capital, entrepreneurial know-how and valuable contacts to accelerate the seed- and early-growth phases of start-ups in return for a stake in their success.
Business Angels FrankfurtRheinMain e.V.
60313 Frankfurt am Main
Tel.: +49 (69) 2197-1591
About the High-Tech Gründerfonds
The High-Tech Gründerfonds (start-up fund) invests venture capital in young, high-potential technology companies that implement promising research results with entrepreneurial flair. The rationale behind seed financing is to enable start-ups to round off their R&D projects with the production of a prototype or a proof of concept or a market launch. The Fund initially places 500,000 euros, with up to two million euros available per company. The investors of the public-private partnership include the German Federal Ministry of Economics and Technology, the KfW banking group together with the 18 business enterprises ALTANA, BASF, Bayer, B. Braun, Robert Bosch, CEWE, Daimler, Deutsche Post DHL, Deutsche Telekom, Evonik, Lanxess, media + more venture Beteiligungs GmbH & Co. KG, METRO, Qiagen, RWE Innogy, SAP, Tengelmann and Carl Zeiss. The High-Tech Gründerfonds has a total fund volume of some 576 million euros (272 million euros Fund I and 304 million euros Fund II).
High-Tech Gründerfonds Management GmbH
Tel.: +49 (228) 823 001-00 Fax: +49 (228) 823 000-50 E-mail: email@example.com Internet: www.high-tech-gruenderfonds.de