Attention, Please! ChromaCon Just Received a Debt Investment From The Technology Fund
Good news from well known investors: Another guarantee loan was granted! The investors behind the Technology Fund continue supporting climate friendly companies. For the past six years, they have been providing loans to small and medium sized (SME) companies, which create solutions with positive impact on the environment. This time, they invested in ChromaCon, a Life Science company from Zurich.
How did ChromaCon make it?
For the past ten years ChromaCon have been dedicated to developing innovative processes for purifying high-quality materials. With the focus on biopharmaceutical industry, ChromaCon created purifying systems, using the technique of chromatography. It seems they are doing well! Especially keeping in mind that winning the Technology Fund’s selection process means fulfilling very challenging requirements. Besides the fact that their products are unique worldwide, the two main advantages of ChromaCon’s equipment are: cutting the costs and reducing the CO2 emission.
The green team is a dream team
Exactly! Some great institutions gather around a great idea. The Technology Fund was implemented by the Federal Office for the Environment, FOEN, as an instrument of Swiss climate policy. Along with the fund Emerald Technology Ventures and their partner South Pole Group, the Technology Fund team is continuously searching for fresh and constructive initiatives, in order to preserve the Planet Earth. After all, teamwork is the best work!
Next time the grant might be yours!
If you run a Startup that is based in Switzerland and bring an innovative product or process to the world, you can give it a try! The Technology Fund offers a debt investment of up to CHF 3 million to SME, whose business contributes to one of the following fields: greenhouse gas emission reduction, efficient use of electrical energy, renewable energy promotion or protection of natural resources. If your Startup fits this description, take a look at our interview with Simone Riedel Riley, General Manager at the Technology Fund and check out if you meet the criteria here.