Wikipedia

Draft:Sustainable Ventures

  • Comment: Almost none of the sources are useful. Their website should only be used sparingly. Press releases or what they say about themselves is not independent and trade publications are at best weak sources as they exist to promote an industry. The sources about Prince William are also not useful as they are only trivial mentions about the organization. Also be mindful of WP:CITEOVERKILL. Generally only one source is needed to support a fact. If resubmitted without substantial relevant improvement, the draft may be rejected meaning it will no longer be considered. S0091 (talk) 17:16, 14 November 2023 (UTC)
  • Comment: this page reads as an advertisement for an organisation that is not yet demonstrated to meet Wikipedia's notability guidelines. a majority of sources are primary rather than independent/secondary, and the secondary sources only mention one thing - Prince William's visit.
    Please read WP:NPOV, WP:NORG, and WP:NOTCRUNCHBASE. Being a venture capital firm does not necessarily imply notability from all of the investments it has made, even if those investments merit their own wikipedia pages per WP:INHERITORG; we'd need to see sustained, in-depth, independent, secondary sourcing about the impact of the VC firm itself per WP:ORGCRIT. lizthegrey (talk) 16:37, 13 November 2023 (UTC)
  • Comment: Not enough independent and reliable sources. – Kilaseell - Message me! - 14:54, 8 November 2023 (UTC)

Sustainable Ventures launched in 2011 to use commercial innovation to tackle climate change. Experts within the team, many of whom are ex-founders, work with green businesses to help them scale.[1]

Based in London’s iconic County Hall – it overlooks the Houses of Parliament and the River Thames – and has become the centre of the UK’s climate tech revolution.

Home to the largest climate tech hub in Europe.[2] Sustainable Ventures has more than 500 companies in its ecosystem and is on a mission to develop 1,000 climate-tech businesses by 2025.[3]

History edit

Sustainable Ventures was founded in 2011 by Andrew Wordsworth[4] and Christopher Morris to address climate change and resource scarcity with commercial solutions, scaling early-stage climate tech businesses through investment, workspace and venture support.[5]

Sustainable Ventures started with a focus on venture development with the co-founders employing 20+ years of sustainability sector knowledge to develop and scale their own early-stage climate tech businesses.[6]

Their earliest ventures included E-Car Club - a low-emission car-sharing service acquired by Europcar[7][8][9] in 2015. As their ventures and community grew, they began to support other climate tech entrepreneurs starting their journey.

Since then, this business model has evolved to support the growth of climate tech entrepreneurs through investment, workspace, support programmes and services including design, grant writing and R&D Tax Credits. Sustainable Ventures has supported over 500 companies to date.

Sustainable Ventures launched its first workspaces in 2015 to offer a space where clusters of climate startups could collaborate, cross-pollinate and innovate together.

Due to the rapid expansion of net-zero companies over the past decade, Sustainable Ventures has renovated and occupied multiple workspace locations over the years.[10][11]

Starting with Sustainable Bridges under London Bridge railway arches,[12] the workspaces arm of Sustainable Ventures established four additional workspaces including Bankside, Bankside II,[13] and two floors within County Hall.[14][15]

Their current residence is their largest renovated project to date.[16][17][18] Based on the fifth floor of County Hall the workspace is home to Europe's largest climate tech hub.[19][20][21]

In total, Sustainable Ventures has developed over 80,000 sqft of space throughout four short-term leases in London (Southwark & Lambeth),[22] with goals of developing 200k sqft by 2028 - showcasing their commitment to the UK sustainability industry and innovative green retrofitting practices.

Building out their offering, they began to run programmes in 2016 in collaboration with local government. These programmes offer free bespoke training and high-level business development support to the startups within their ecosystem.

These programmes assist climate tech startups with finance and investment, branding, product design, IP, and other areas of business development such as marketing and sales.

Their longest-standing flagship Better Futures programme, delivered in partnership with The Greater London Authority, has supported 178 companies. With an additional funding of £2.2m from UKSPF, the Better Futures+ programme has supported 54 companies as of 2023.[23]

Sustainable Ventures began raising money for its own Investment Fund in 2017[24][25][26]. The Fund has since been used to accelerate and invest in over 45 companies, 85% of which are still trading and have an average valuation uplift of 2.8x at the next round of funding.[27][28][29]

After 12 years of bootstrapping. The company seeks to expand. With its first location in Manchester, with the help of Barclays' £3m investment.[30][31][32]

Ecosystem edit

Scaling up over 500 companies - the Sustainable Ventures ecosystem provides a deep network of sustainable businesses with a wealth of knowledge and expertise available to anyone within the community.[33]

Sustainable Ventures' ecosystem includes companies like RovCo[34] - the global subsea robotics and survey solutions provider, Notpla - the Earthshot-winning sustainable packaging firm and ENSO - the reduced-pollution tyre maker, a recent finalist for the Earthshot prize 2023.[35]

Another notable company within the ecosystem is Satvu which specialises in high-resolution satellite thermal imaging.[36][37]

Furthermore, the ecosystem consists of Sustainable Ventures' own spin-out companies, such as Airex who created the world’s first smart air brick that helps reduce fuel poverty and promote climate change with a simple building retrofit. 2023 also marked a visit from Prince William who visited Sustainable Ventures’ London HQ to explore climate tech innovation in the UK’s capital city.[38][39][40]

References edit

  1. ^ "Sustainable Ventures". Sustainable Ventures. Retrieved 2023-11-15.
  2. ^ "Sustainable Ventures". Innov8rs. Retrieved 2023-11-14.
  3. ^ "Sustainable Impact Capital | Net zero | Barclays". home.barclays. Retrieved 2023-11-13.
  4. ^ "Andrew Wordsworth". TECHINVEST. Retrieved 2023-11-13.
  5. ^ "Founder Interview: Andrew Wordsworth - it is easy being green". Seedrs Insights. 2018-08-30. Retrieved 2023-11-13.
  6. ^ Mitchell, Anna (2015-08-29). "Sustainable Ventures Managing-Director Andrew Wordsworth named BusinessGreens Entrepreneur of the…". Medium. Retrieved 2023-11-13.
  7. ^ "Crowdfunding investors celebrate successful exit from E-Car Club". GOV.UK. Retrieved 2023-11-13.
  8. ^ SETsquared (2015-07-09). "E-Car Club sale to Europcar creates world's first successful crowdfunding exit Investors receive a multiple return on their investments on Crowdcube". SETsquared. Retrieved 2023-11-13.
  9. ^ Nair, Praseeda (2015-07-10). "Europcar's acquisition of E-Car Club a successful crowdfunding exit". Growth Business. Retrieved 2023-11-13.
  10. ^ "Spotlight on Sustainable Workspaces: A Day in the Office – Knight Frank (UK)". www.knightfrank.co.uk. Retrieved 2023-11-13.
  11. ^ "10 Environmentally-Conscious Coworking Spaces". Nexudus Blog. Retrieved 2023-11-14.
  12. ^ "Sustainable Bridges: hub for cleantech in the heart of London | SE2". www.se-2.co.uk. Retrieved 2023-11-14.
  13. ^ "Can you find sustainable business space in London". Living Environment Systems. Retrieved 2023-11-14.
  14. ^ Ballard, Oli (2021-12-07). "Climate tech ecosystem launched at London landmark County Hall - Business Leader News". Business Leader. Retrieved 2023-11-13.
  15. ^ "Sustainable Ventures | London City Hall". www.london.gov.uk. Retrieved 2023-11-14.
  16. ^ "Sustainable Workspaces | Material Works Architecture". material-works. Retrieved 2023-11-13.
  17. ^ "IKEA-backed NORNORM launches its subscription-based furnishing service in the UK; Know more | Silicon Canals". 2023-05-12. Retrieved 2023-11-13.
  18. ^ Reid, Alastair (2021-12-03). "Big Issue Invest joins multi-million pound partnership to support green jobs". The Big Issue. Retrieved 2023-11-14.
  19. ^ "Sustainable Ventures". Climate-KIC. Retrieved 2023-11-14.
  20. ^ "County Hall the centre of green job growth in the UK". www.linkedin.com. Retrieved 2023-11-14.
  21. ^ Editor, A. T. (2023-11-15). "Sustainable Workspaces - Architecture Today". Retrieved 2023-11-17. {{cite web}}: |last= has generic name (help)
  22. ^ "Sustainable Ventures". Lambeth. Retrieved 2023-11-14.
  23. ^ "Better Futures (UK Shared Prosperity Fund) | London City Hall". www.london.gov.uk. Retrieved 2023-11-15.
  24. ^ "Sustainable Accelerator Impact Report 2021" (PDF). sustainableventures.co.uk/investment. Retrieved November 14, 2023.
  25. ^ Pun, Amanda (2022-02-25). "Startups and Sustainability: trends and insights as told by European investors". EU-Startups. Retrieved 2023-11-14.
  26. ^ Sullivan, Kaylin (2023-02-16). "EIS investment funds: 50 active UK funds in 2023". SeedLegals. Retrieved 2023-11-13.
  27. ^ "Burges Salmon advises Danu Robotics on next stage of growth". Scottish Legal News. 2023-09-12. Retrieved 2023-11-13.
  28. ^ Moore, Paul (2020-04-09). "Minviro early stage mining environmental sustainability consultancy secures new funding". International Mining. Retrieved 2023-11-13.
  29. ^ Basul, Alara (2020-04-09). "London-based startup Vendi raises £600k". uktech.news. Retrieved 2023-11-13.
  30. ^ "Barclays invests in Sustainable Ventures to help drive UK expansion | SIC | Barclays". home.barclays. Retrieved 2023-11-14.
  31. ^ "Sustainable Ventures banks £3m from Barclays to support UK expansion". www.businessgreen.com. 2023-11-06. Retrieved 2023-11-14.
  32. ^ Wood, Anna. "Sustainable Ventures secures investment from Barclays to drive UK expansion". Startups Magazine. Retrieved 2023-11-14.
  33. ^ "Sustainable Ventures Impact Report 2020-21" (PDF). Retrieved November 14, 2023.
  34. ^ News, Subsea World (2017-11-15). "Rovco Secures Sustainable Ventures Investment". Offshore Energy. Retrieved 2023-11-14. {{cite web}}: |last= has generic name (help)
  35. ^ "Prince William Visits Tech Hub with Earthshot Connections as Singapore Countdown Continues". Peoplemag. Retrieved 2023-11-13.
  36. ^ BBC Article for Satvu: https://www.bbc.co.uk/news/science-environment-67010377
  37. ^ Murphy, Neil (2023-10-05). "Prince William hails 'amazing' eco-friendly start-up businesses". The National. Retrieved 2023-11-14.
  38. ^ Hennessey, Ted (2023-10-05). "William hails 'amazing' eco-friendly start-up businesses". Evening Standard. Retrieved 2023-11-15.
  39. ^ Khosla, Alanah (2023-10-05). "Prince William visits Europe's largest climate tech hub in London". Mail Online. Retrieved 2023-11-14.
  40. ^ "Prince William visits Europe's largest climate tech hub". Yahoo News. 2023-10-05. Retrieved 2023-11-14.

External links edit

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