Climate Innovation Exchange (CLIX) is a unique marketplace connecting entrepreneurs and investors to enable partnerships that will power sustainable climate change solutions through knowledge, innovation, and funding.
CLIX is aligned with the Ministry of Climate Change and Environment’s (MoCCE) strategy to enable the sourcing, funding and commercialisation of climate change solutions and technologies.
The initiative is focused on solving the world’s most pressing climate change issues by connecting local and global entrepreneurs (concepts, start-ups and innovative companies in different stages of funding), with an audience of potential and series investors (angel, seed investors and venture capitalists). The entrepreneurs will pitch conceptual ideas, new products and transformative business models that are aligned with the MoCCE’s three pillars of sustainability, namely Sustainability in Space, Future of Energy, and the Future of Food & Agriculture.
In 2019, CLIX received 811 applications from young innovators and entrepreneurs in 83 countries. The 41 Investors expressed their intent to invest $17.5 million in these innovations. The 41 finalists showcased their inventions during ADSW and met with investors. Over the course of four days, startups discussed with visitors, investors and authorities and reported a total of $53.9 million USD of potential involvement in projects and investment intent in the region.