Originally posted in 7days.ae
An energy-and cost-saving tech start-up will represent the Gulf region in the global search for the world’s most promising social entrepreneurs.
Taka Solutions, a company that installs technology to existing buildings, which will save energy and money, was the pick of five regional finalists in The Venture, a global search by Chivas Regal to find and support the “most promising social entrepreneurs who aim to succeed in business while also making a positive impact on the lives of others”.
Charles Blaschke, Managing Director and Chris Burkhardt, Commercial Director of Taka Solutions will now travel to New York in July to compete with 27 other start-ups for a share of The Venture’s $1 million fund.
After a panel of judges made their decision at China Grill in the Westin, David Freeborn, MD of Pernod Ricard Gulf, said: “It’s been a very exciting and informative day of competition.
The professionalism demonstrated in each of finalist’s presentations was first class and the passion with which they all presented their venture cannot be faulted.
“This is a unique set of people who all hold a deep commitment for doing good to society – and delivering this with a great deal of enthusiasm.”
Taka Solutions believes that the potential exists to reduce the world’s energy usage by 20 per cent, the equivalent of all the world’s new CO2 and power plants for 10 years, simply by using better existing technologies to control energy usage.
The company will only take payment from financial savings generated from their work. The companies competing in the regional final all made great efforts towards humanitarian causes.
Modular & Mobile Solutions is a start-up that works towards portable solutions for refugee camps. Future Fashion is a pioneering ethical fashion platform aimed at changing the business model for the clothing industry.
DreamRise is a media company dedicated to women, while Involver connects volunteers to worthwhile causes.