• Elemental Navigator

    Curated access to climate technology for corporations, investors and industry partners

Deal Day Part Deux

February 19, 2020

· 3 min read
Ian Chipman Editorial Director

Every year, after our application deadline passes, we marvel at how many creative entrepreneurs are out there making the world a better place. That moment of zen happiness is almost immediately followed by a wave of questions. We can only fund 15-20 companies each year! How can we use our platform to support the rest?

Last year we piloted the first-ever Deal Day to help more startups grow and increase the number of meaningful commercial opportunities with our network of corporate partners. And this year we’re doubling down on the dealing. Does a $50k award and a signed contract with a global utility or multinational sound good? Good.

Here’s a quick rundown. You’ll find more detail below:

  • Deal Day is on May 13 in San Francisco.
  • We will award two $50k prizes to two startups.
  • Partners will select startups from our applicant pool for 1:1 meetings during Deal Day on May 13 in San Francisco (the event is invite-only).
  • To be eligible for Deal Day, startups must fill out this 10 minute application form by March 26.

What is Deal Day Again?

In short, it’s a bit like a speed dating session to spur innovation and encourage connectivity between our Global Partners and program applicants. And to incentivize the dealmaking, we will award two $50k prizes to the most compelling project proposals to come from the Deal Day meetings.

These projects can be deployed with any Global Partner in attendance at Deal Day, and in any location, provided that there is mutual interest by both parties. Last year’s Deal Day was the genesis of the project between Jupiter and Hawaiian Electric Companies to provide ongoing climate-related risk analytics across the five major islands of Hawaii.

What do I have to do to be eligible for Deal Day?

It’s so easy — just take a few minutes to apply for our program. That’s it!

Then, we’ll contact you in mid April if you’ve been selected for Deal Day. All companies that apply to our program between today and March 26 will be considered for this opportunity, not just the ones that we ultimately select for our 9th cohort.

How will companies be selected?

Our Global Partners will each select three companies from our applicant pool to meet at Deal Day in San Francisco on May 13. In many cases, our partners are searching for similar solutions that we target for our program. But not always, and Deal Day is meant to expand the commercial potential of our network to as many of you as possible. And even if you don’t think your technology fits within our partners’ current business models, just remember that they’re always on the lookout for disruptive innovations because they know that the future will look very different than it does today. This is your opportunity to share your vision with the people who can help make it happen.

Apply today — we can’t wait to hear from all of you champions of planet Earth.