About my Start-up
At Climax Community our mission is to use data to collectively accelerate carbon reduction. Our software, Climate Essentials is the first carbon data collection and analysis platform that aggregates and shares data between the public and private sector, providing a tool to make a net-zero future a reality. Climate Essentials allows for cross-sector collaboration, fills data gaps, creates knowledge sharing, and facilitates a systemised standard method of carbon accounting. This creates an accurate and trustworthy data pool to inform the implementation of net-zero strategies across specific regions to make community wide climate pledges tangible.
With our aggregated data tool, large organisations (local authorities/trade associations) are able to assess the state and needs of their ecosystem through operational data, inputted by SMEs. Climate Essentials is designed to be accessible to all and therefore strikes the balance between being scientifically accurate and also digestible for the average SME to gain valuable insights. We are determined to make climate action possible for all.
Why your idea is a “winner"?:
Climate Essentials is the first platform that provides the opportunity for organisations across regions from both the public and private sector to work in collaboration to fight climate change whilst adapting to a green economy. We aggregate data, allowing an accurate and trustworthy data pool to exist that can inform government policy and effective strategy implementation, tailored to specific regions.
What is your current or intended business/revenue model?:
Climate Essentials is a SaaS platform where clients can purchase licences directly from us. We also run programmes with large organisations, bringing us revenue from their use of Climate Essentials Analytics in addition to revenue from a number of associated sponsored licences provided to SMEs. Long-term, we will be a big data company using data for policy and initiatives insight as well as financial gain through the creation of a trusted marketplace of green tech referrals.
Do you have any Patent or IP registered (related to the solution that you are looking for an investment)?:
We are currently researching what we would like to patent and how we can be submitting our trademark applications.
Has your technology already been implemented in any field/sector?:
We have a fully functional, commercially launched technology which has been implemented across a number of UK councils as part of their business engagement and net zero strategy. These councils are using the software to engage and empower their local businesses to reduce carbon emissions. The businesses we have worked with have ranged across sectors, including hospitality, professional and scientific technical services, construction and manufacturing. We have seen early interest across Europe from municipalities and trade associations.
Which market and customer need(s)/problem(s) is (are) your products(s)/service(s) going to solve?:
91% of Local Authorities in the UK have set net-zero targets in line with UK legislation, yet the data available to meet these targets is severely insufficient. Local governments need access to carbon emissions data encompassing their entire region. We solve this task in two ways. Firstly, Climax Community supports local businesses, and soon households, to measure their carbon emissions and create bespoke reduction pathways, driving climate positive action. Secondly, this provides data which is then aggregated through Climate Essentials Analytics for local government/large organisations, which fills the gap of carbon data that is crucially needed in order for a greener economy transition. This regional data is then used to inform targeted, realistic strategies/policies that will help set and achieve net-zero pledges via local initiatives. We allow sectors to collaboratively work together to a greener economy from the same platform, synchronising the net zero journey.
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