KiNNO Consultants LTD together with InnoEnergy, signed a Memorandum of Understanding with the National Bank of Greece.
This cooperation will contain investigating synergies between actions and initiatives organized by InnoEnergy in Greece and similar actions carried out by the Bank. It aims at encouraging the growth of young entrepreneurship and innovation in the energy sector. The future common projects will include PowerUp! competition organized by InnoEnergy for Central European start-ups working on innovative clean-tech solutions. National Bank of Greece will be able to invite entrepreneurs to the NBG Business Seeds financing and mentoring program.
NBG Business Seeds is an integrated program designed to foster innovative and export-oriented entrepreneurship. NBG Business Seeds includes actions that aim at showcasing innovative ideas and projects, training and mentoring young entrepreneurs, and providing infrastructures, networking and financing. Once the competition is over and the awards given, NBG supports the implementation of a number of selected proposals that have gained awards through the actions of the NBG Business Seeds program. In addition NBG provides a range of targeted financial support actions in partnership as well as mentoring and networking actions. NBG participates as private investor in selected Venture Capital Funds of Equifund: Marathon, Metavallon, Unifund and bigPi.
InnoEnergy is the innovation engine for sustainable energy across Europe and the main sponsor of the event. InnoEnergy is one of the three Knowledge and Innovation Communities (together with ICT Labs and Climate KIC) created under the leadership of the European Institute of Innovation & Technology (EIT). It is a commercial company, incorporated as Societas Europaea, with 27 shareholders, all of them key players in the energy field, from top rank of industries, research centers and universities.