LAUSANNE, Switzerland, Dec. 15, 2014 /PRNewswire/ -- RayGen Resources is the winner of the Global Cleantech Cluster Association's Grand Prize in its fourth annual Later Stage Awards. During the 5th annual CleanTech Investing Seminar in Lausanne, Switzerland, the GCCA honored 10 companies in 10 categories, with RayGen Resources winning the GCCA pitch contest and taking the top award. As the Grand Prize winner, RayGen Resources receives a special invitation to the exclusive, invitation-only, Campton Wealth Family Alternative Investing Conference (FAIC) taking place in March 2015. The GCCA's Global Top 10 Winners represent the best of the association's 52 member clusters and over 10,000 member companies. The GCCA Global Top 10 Winners were selected by 22 Cleantech venture capital and private equity investors and serial entrepreneurs, who collectively manage over $3.5 billion in global clean technology investment.
"Cleantech is thriving throughout the world and proving to now be a major driver of economic growth," said Christian Haeuselmann, Co-Founder and Chairman of the GCCA and Cluster Manager for swisscleantech who hosted this year's awards. "The 2014 winners are proving that companies innovating in the new green economy are both investable and thriving. It is an honor to highlight them as true examples of success in our growing industry."
Over 100 companies were nominated by the GCCA's cleantech member clusters for the 2014 Later Stage Awards. That number was later narrowed down to the Global Top 30 Semi-Finalists and then to the Top 10 Winners. The Global Top 30 were selected using the Keystone Compact™, an online business and venture assessment tool.
"This year's Global Top 10 consists of companies who hold technology and market strengths within their industry sectors, and are well positioned for market capture," said GCCA Head Judge Dr. Peter Adriaens, CEO of Keystone Compact Group, developer of the tool used to narrow GCCA nominations from 100 to 30. "Striving to build sustainable green economies and jobs, these companies demonstrate a particular type of investment criteria that makes them desirable to traditional equity investment."
GCCA 2014 Later Stage Award Winners
The GCCA Global Top 10
A full list of the 2014 Later Stage Award Global Top 10 winners, Top 30 semi-finalists and nominees can be found at http://www.globalcleantech.org/awards/2014-later-stage-award/.
About the Global Cleantech Cluster Association
Global Cleantech is a non-profit association, headquartered in Atlanta, Georgia, U.S. that creates conduits for companies to harness the tremendous benefits of international cleantech cluster collaboration in an efficient, affordable, and structured way. Global Cleantech provides a gateway for established and emerging cleantech companies to gain exposure to potential investors, new markets, influential networks, innovative technologies and best practices. GCCA was founded by the Finnish Cleantech Cluster, swisscleantech, Technica Communications and Watershed Capital Group. For more information about Global Cleantech, please visit www.globalcleantech.org.
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SOURCE Global Cleantech Cluster Association