LONDON, March 8, 2016 /PRNewswire/. CleanEquity® Monaco 2016, hosted by Innovator Capital and the Monaco Economic Board, closed on Friday 4th March with its traditional awards ceremony and address by event co-founder His Serene Highness Prince Albert II of Monaco.
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CleanEquity showcased 27 world relevant, disruptive technologies sourced using a tried and tested process run by London based investment bank, Innovator Capital, with help from its international partners in Asia, Europe, Australasia, North America and South America.
His Serene Highness conferred with the expert panel of judges, which selected the following companies for the CleanEquity Monaco 2016 Awards for Excellence:
Lightbridge Corp. (USA) (NASDAQ: LTBR) received the award for Technology Research; the company is developing and commercialising an innovative, alternative nuclear fuel technology, which will improve significantly the economics and safety of existing and new reactors - potentially a huge contributor to low carbon energy generation.
Desolenator (UK) received the award for Technology Development; the company has developed and patented a highly affordable and environmentally friendly method of water purification.
Drayson Technologies (UK) received the award for Technology Commercialisation; the company has launched an app and a device. The app, CleanSpace™, allows consumers to accumulate CleanSpace™ miles and the device, which is integrated with the app, is a personal air quality sensor. Visit our.clean.space.com to find out more.
The runners up were Vantage Power (UK) for commercialisation, Flash Bainite (USA) for development and Corrosion Radar (UK) for research.
His Serene Highness said in His address:
"I want to thank each of you for coming to the conference. For sharing your vision and committing to being part of the solution. We must all do what we can, both individually and collectively, to create, develop and implement political and practical solutions to the very considerable problems that we face.
"This conference is very much a "family affair" – run by a young team who remind us that the work we are engaged upon is vitally important to preserve and improve the environment that they and their children will be inheriting."
Mungo Park, Chairman of Innovator Capital and co-founder of CleanEquity Monaco, said:
"We thank His Serene Highness for His continued support for this event. Technology innovation is still not adequately recognised as an essential part of the solution to the problems we are all trying to fix but by all accounts, this year, we had greater numbers of quality investors than in prior years. I am proud of this achievement.
"My thanks go also to Covington & Burling, Parkview Group, Deloitte, PR Newswire, Cranfield University, INNEON, Gillamor Stephens, Enereau, the Oceanographic Museum of Monaco, the Prince Albert II of Monaco Foundation, Monaco Economic Board and the Société des Bains de Mer de Monaco."
CleanEquity Monaco will return to the Principality in 2017 for its 10th Anniversary.