Request for Information
Strategic Partnership in Entrepreneurial Investing
EIT Climate-KIC has set out to engage investment capital in service of its climate action strategy Transformation, in Time. We are looking for organisations willing to enter into a strategic partnership (or any other commercial relationship) with us on building and developing investment capability, particularly around our entrepreneurial programmes, in order to mobilise capital for the most promising of climate innovations in our portfolio and to contribute to EIT Climate-KIC’s long-term financial sustainability.
Implementing our entrepreneurship strategy and expanding into the sphere of investments will be a learning journey for EIT Climate-KIC, particularly because the way we envision this to happen represents a deviation from classic cleantech entrepreneurship and thus requires exploration, experimentation, and learning. This is why we are looking for partners and service providers to come along this journey with us.
Our core expertise lies in identifying innovation needs, evaluating climate impact potential, incubating ideas, developing entrepreneurial initiatives, bringing together the supply side of innovation with its demand side, and extracting intelligence from our portfolio. These are the core competencies we seek to lever in a partnership. For more detailed information on the background to our entrepreneurship activities, please see the Request for Information guidance document, linked below.
We are particularly interested in organisations that have skills and experience complementary to ours and that understand how to amplify the value of the unique assets we have already built:
- A 10-year track record doing climate innovation and a highly refined, experienced-based understanding of the systemic nature of the climate crisis and the effectiveness of different innovation approaches
- A range of well-established, globally delivered entrepreneurship programmes that produce a steady pipeline of innovative ideas, entrepreneurial talents, and investable start-ups
- A mass of data from both the supply side and demand side of our portfolio that we can turn into actional intelligence for investors
- A community of more than 400 organisations from the public, private, academic, and philanthropic sectors that we can leverage for insight, reach, and partnership
- A brand that expresses experience, honest broker status, and legitimacy in the societal and political spheres (including at national and EU level)
In particular, we are looking for skills and capabilities required to manage investment programmes with institutional capital: expertise around fundraising and capital blending; structuring and executing transactions; conducting financial, technological, and legal due diligence; and exercising shareholder rights, to name just a few.
Please refer to the Request for Information guidance document for details on what we are looking for in strategic partnerships.
Timeline and review
- Request for information (RFI) issue: 28 September 2020
- Closure of submission window: 16 December 2020 (18:00h CEST).
Responses can be submitted at any time after the RFI issuance date and until the closure of the submission window as indicated above.
Submissions will be reviewed continuously. EIT Climate-KIC may decide to enter into conversations with respondents and/or launch a formal RFP process at any time after the RFI issuance date. Therefore, respondents are encouraged not to wait until the last minute to submit their responses.
How to apply
Parties interested in entering into a dialogue with EIT Climate-KIC are asked to submit a response using the templates and guidance provided here:
Please submit your response at any time following the RFI issuance, but at the latest by the deadline indicated above, to email@example.com.