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Begbroke Science Park Tenant picked for trade mission to US
Oxford Photovoltaics, the Oxford University spin-out specialising in solar cell technology, has earned a place on an entrepreneurial trade mission to San Francisco, with the aim of opening up their business to the US market.
The Begbroke Science Park start-up is one of sixteen of the UK’s most innovative and fast growing Cleantech companies chosen to meet with the best of Silicon Valley’s investors, customers and supply chain partners.
The Mission will boost Britain’s growing clean technology sector and drive inward investment into the UK. More than $180m in private finance was raised by companies attending previous Missions and more than 20 per cent now have a US subsidiary.
The partners behind the Mission are the Technology Strategy Board, The Long Run Venture and the Co-sponsorship Agency, supported by UK Trade & Investment (UKTI) and other private sector sponsors.
Speaking yesterday at the London Stock Exchange, home to more than 70 listed Cleantech companies, The Minister for Climate Change, Greg Barker said: “It’s a credit to the renewed groundswell in ambition and the confidence for growth among young and enterprising small businesses that so many applied for a place on this Clean and Cool Mission. I will follow the Mission with great interest and hope to hear of similar successes to previous Missions as these growing businesses represent the best of Cleantech on the international stage.”
The Technology Strategy Board’s Director of Innovation and Programmes, David Bott, went on to applaud the strength of the companies that had applied for the Mission, saying: “We’re extremely pleased at the variety of Clean technologies represented, spanning transport, agriculture, food, renewable energy, water and energy storage.
UK Trade & Investment’s Chief Executive Nick Baird said: “These highly innovative companies represent the best of British. I congratulate them on their selection, and am sure that their efforts will support the UK’s continuing position as a global leader in clean-technology.
Kevin Arthur, CEO of Oxford PV, who have been based at Begbroke Science Park since the company’s inception in 2011, said” We’re absolutely delighted to have won a place on the TSB’s Clean and Cool Mission to California at the end of March.”
The 16 Cleantech companies will depart for San Francisco on the 24th, and return on 31st after a week-long agenda packed with investor meetings and networking opportunities, created by the Mission partners.