Categorized | Funding, Renewable Energy

New initiative to turn Ireland’s smartest sustainable ideas into commercial reality

New initiative to turn Ireland’s smartest sustainable ideas into commercial reality

Sustainable Nation Ireland has launched the €1 million “2o Platform” to support the growth of sustainable businesses by turning the smartest low-carbon ideas and products into commercial reality.

The body promoting Ireland as a hub for sustainable business has established this platform for companies developing resource-efficiency solutions to help them achieve this goal of situating Ireland as a centre for sustainable innovation and investment.

Sustainable Nation collaborates with Europe’s Climate-KIC and Sustainability Skillnet, and these partnerships will enable Irish businesses and entrepreneurs to access world-class resources, insights, skills, research and opportunities. Through the 2o Platform, the body wants to connect Irish start-ups, existing firms and larger brands by connecting them with a dynamic, thriving, innovating network.

The low-carbon model is not just about clean energy. Businesses can provide sustainability in the form of efficiency in food production, access to water and urban population growth.

The name of the platform, itself, refers to the stated global aim to limit future temperature increases to just 2o Celsius, if agreed reduction targets are met.

Wayne Byrne, CEO of OxyMem, a spinout from UCD who have been commercialising an innovative solution to reduce costs for wastewater treatment, comments: “Our success is dependent on many factors, such as access to networks and finance. Collaborating with Sustainable Nation through their 2o Platform and accessing their global network has opened up opportunities which are invaluable.

“Irish companies are recognised as leaders in the sustainability and low-carbon sector and we should actively engage with Sustainable Nation to strengthen our ecosystem, and promote our success.”

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