Amadeus Capital Partners and Imperial College London join in DTI project to identify and commercialise UK energy and environmental technologies
-Amadeus Capital Partners
By Tony Stephenson
Wednesday 1 February 2006
Imperial College London has joined with Amadeus Capital Partners, the European technology investor, in a GBP250,000 project funded through the DTI's Knowledge Transfer Partnership (KTP), to research and commercialise new energy and environmental technologies emerging in the UK. This pioneering partnership is the first time that a KTP has been set up between a university and a venture capital firm.
The project will identify emerging investment opportunities in the energy and environmental sectors, in areas such as bio-energy and low carbon technologies and will be supported by Imperials Energy Futures Laboratory, which brings together Imperial's strengths in technologies such as carbon capture, fossil fuel engineering, fuel cells and renewable energy resources. The project will also look at 'clean', technologies, spanning many industries from alternative forms of energy generation to water purification to materials-efficient production techniques.
A key aspect of the partnership is a two year Associate-level assignment for a graduate, with significant industrial experience and preferably a relevant PhD, to work at Imperial College and Amadeus and to participate in the Kauffman Fellows Programme, the renowned US-based training programme for venture capitalists. Leading academics at Imperial and a senior partner at Amadeus will mentor the successful candidate. The assignment will include analysing UK energy market opportunities within a global context, contributing to energy-related MSc teaching at Imperial and helping supervise junior research staff working on related topics. This is a once-in-a-lifetime opportunity for an ambitious person interested in both clean-tech and venture capital.
Professor Nigel Brandon
, Imperial's leading academic on the
project and Executive Director of the Energy Futures Lab, says:
"Imperial already has a world class reputation for innovative
research into new energy technologies. With this partnership, we
can ensure that the best of these technologies get to market and
become profitable."
Anne Glover, Amadeus' CEO, added: "Amadeus has had a close relationship with Imperial for many years. We are delighted to be joining them in this project, with the DTI's support, to identify the commercially viable technologies being developed in the UK that will address some of problems of declining and expensive non-renewable energy resources. This is a growth area for the venture industry and one that will, in the next ten years, be on the agendas of all businesses everywhere."
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