Cohort 4

PROBLEM STATEMENTS.

1. Energy Storage

Mobile Battery Energy Storage System (BESS)

This problem statement addresses the need of mobile BESS for power tower cranes, at a condition that the construction site has no charging spot in the first place. Having the BESS in size suitable for a narrow construction site will be a plus.

3. Construction Materials

Low Embodied Carbon Material

From reinforcement bar to concrete & cement, any construction materials that embodied low carbon.

5. Upcycling

Upcycle fashion Programme

A sustainable fashion programme to empower K11 retail tenants and customers to minimise waste and upcycle fashion products in Hong Kong with the integration of Art, People and Culture.

2. Wastewater

Sustainable Wastewater Solution

Finding an economically and physically viable solution to treat large amounts of construction wastewater to achieve legal discharge limit in Hong Kong. Solutions tailored to construction sites, including paint and glue.

4. Waste Solution

Scalable waste-management technology

A scalable waste-management technology or innovative operation model to collect, identify and visualize waste data on general waste and recyclables for own as well as tenant operations

Open to any possibilities

Other sustainability startups

Sustainability startups that have proven technology and the potential to integrate with New World business(es).

APPLICATION REQUIREMENT.

Startups

Must have a sustainability impact value
Proven technology and business tractions
Distinctive tech intellectual property
Potential to integrate with New World business(es)
Potential to expand the business in new markets

Pitch deck

We request a pitch deck that requires the following information:

What problem is your business solving
Team background
Revenue Channels
Past Case Studies (also share experiences working in Hong Kong and Mainland China markets)
How do you envision your company working with New World Group
Certifications/Test results (if relevant)
Development Roadmap
Fundraising plan

PROGRAM TIMELINE.

BENEFITS.

Equity-free

Impact Kommons 4.0 will run from Nov 2022 through Feb 2023 in hybrid format. The program is equity-free and no fees are required to join. We welcome applications from all countries.

Accelerate Business Growth and Fundraising:

Selected companies will be able to leverage New World as a platform to scale their technology solution. This year, participating companies will have the opportunity to pitch for a prize package that includes a combination of funding, investment and venture building support at Impact Kommons Pitch Day which will be held in Mar 2023.

Secure Pilots or Projects from Corporate(s):

Selected companies will be introduced to New World business units and have the opportunity to pitch for business contracts. A grant of up to HKD100K will be offered to facilitate each business integration.

Global Exposure:

Selected companies will have the opportunity to showcase technology and impact results to the globe through Eureka Nova and New World publicity platforms, establish their regional presence and access the Greater Bay Area market.