Requirements and criteria

About the Ecofuel Accelerator Program

Requirements

We are looking for the best projects, that demonstrate a positive impact on the environment, but that will also, and foremost, be sustainable from a business standpoint and have a significant potential return on investment. Projects may come from everywhere, as long as they fit the following requirements:

One or many team members must commit themselves 100% to the program.

Projects must be clean technologies and have a clear impact on the environment.

All team members must accept and go through a standard background check.

Selection Criteria

We are using the following, but not necessarily exclusive, list of criteria:

Convinced and convincing team of entrepreneurs.

Project of developing a product or service directly related to clean technologies and having the potential to reduce carbon footprint.

Large potential and reachable market size.

Address a problem that is a real pain and/or offers a solution that is more a must-have than a nice to have.

Project is built on a technology that is not infringing on existing ones and is subject to strong IP protection.

Project is achievable in a realistic timeframe and with reasonable funding.

Solution can be scaled up on an industrial and commercial basis in a realistic timeframe (e.g. less than 5-7 years) and with justifiable capital funding needs.

Team experience, entrepreneurship and motivation.