Six Pitch Commandments Given at the 2012 New Energy Symposium

Last week, as part of the “Raising Capital: Lessons Learned from Cleantech Entrepreneurs” panel, at the 2012 New Energy Symposium, I recounted with the audience of roughly 150 peers in the clean energy industry what Ioxus experienced and learned from the startup financing process. For the upcoming startups in the audience, I shared tips on securing financing, including my six pitch commandments:

1. Explain your value proposition.
2. Succinctly explain your business.
3. Address risks (technology, execution, etc.).
4. Explain how you compare and compete.
5. Review market size and growth rate.
6. Go over simple financials, including deal basics.

newenergysymposium-300x68.jpg

Image source: New Energy New York

The New Energy Symposium was hosted by New Energy New York, the College of Nanoscale Science & Engineering(CNSE) and iCLEAN, CNSE’s clean energy incubator. The seventh annual symposium included an investment pitch competition and expert panel discussions on the latest clean technology developments, which afforded me the opportunity to compare Ioxus’ startup experience with others, such as my co-panelists, Eben Bayer, co-founder and CEO of Ecovative Design; Jim Rice, CEO of Nautilus Solar Energy; and Jun Shimada, founder and chief technology officer of ThinkEco.

It was a great opportunity to pay forward to other entrepreneurs the lessons we learned throughout Ioxus’ history and to hear pitches from innovative startups in the cleantech community. Competition only spurs more innovation, and in turn, promotes industry growth.

Latest News

  • IOXUS' uSTART® Receives Edison Award for its Engine Enhancement Innovation

    Ioxus, designers and manufacturers of smart power solutions based on its widely used ultracapacitor technology, today announced that it was named a Bronze winner in the Engine Enhancement category of the 2018 Edison Awards. The announcement was made at the Edison Awards Gala in New York City.

    “We are very proud to have received an internationally recognized Edison Award and to be named a winner alongside companies like Mazda Motor Corporation and CFM International, a joint company of GE and Safran Group, for our engine enhancement achievements,” said Mark McGough, CEO and president of Ioxus, Inc. “This award is recognition that uSTART is proving highly reliable and valuable for fleets in the trucking industry. Being recognized with an Edison Award is one of the highest accolades we can receive in the name of innovation.”

    Inspired by Thomas Edison’s persistence and inventiveness, the Edison Awards are judged by a panel of more than 3,000 leading business executives, including past award winners, academics and leaders in the fields of product development, design and engineering. The judges recognize products as true innovations in their category.

    In addition to the Awards Gala, the annual Edison Awards program encompassed a full-day, “Meet the Innovators Forum” and the, “Innovators’ Showcase,” which offered guests a hands-on experience with read more...

©2018 IOXUS Inc | 18 Stadium Circle, Oneonta, NY 13820 • 877-751-4222 • 607-441-3500

Employee Log-in