Environmental Challenge-Solution Exchange
Two problems may be best solved together. While established corporations struggle with environmental liabilities, for most tech startups the biggest challenge is the initial customer contract. That's where ECSX comes in: enabling companies improve their environmental impact profitably via innovation by startup teams.
CHALLENGE-DRIVEN VENTURE FORMATION MODEL
Rather than technology readiness level, for greenest results it's about technology cleverness level
Rather than technology readiness level, for greenest results it's about technology cleverness level
Rather than technology readiness level, for greenest results it's about technology cleverness level
ECSX is a project by Prodromos Ventures (under direction of inventor Sandstrom), an LP in a number of cleantech VC funds, to transform environmentally harmful activities by forming startups based on teams coming up with clever solutions to challenges posted at ECSX.
Prevailing VC model is regressive
Rather than technology readiness level, for greenest results it's about technology cleverness level
Rather than technology readiness level, for greenest results it's about technology cleverness level
Amidst oversupply of growth capital for revenue-generating (unprofitable) scaleups including in the 'green' venture space, truly transformative innovations do not meet the prevailing VC investment criteria, namely, requiring revenue before VC funding (ensuring the funded ideas are incremental to the status quo) or that the founders be insiders, while most game-changing ideas come from outsiders.
ECSX: Pull-model VC
Rather than technology readiness level, for greenest results it's about technology cleverness level
ECSX: Pull-model VC
- Post your company's environmental challenge (anonymously) at ECSX for solvers to address.
- Review, refine and reserve priority rights for your preferred solution.
- ECSX will form a startup (together with venture studios) to realize your chosen solution, making mutual profit with positive environmental impact from what used to be an environmental liability.
Together, we make VC progressive!