Thursday 29 October 2020
 
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Eco Wave Power joins global drive to reduce emissions

STOCKHOLM, 10 days ago

Eco Wave Power has been selected to join 14 other ground breaking growth stage ventures at the 2020 Unreasonable Impact UK & Europe programme.
 
With the global pandemic continuing to have an enormous impact on all aspects of life, including the global workforce, migration, and the environment, supporting entrepreneurial solutions addressing these challenges is critical.
 
Unreasonable Impact, a unique partnership between Barclays and Unreasonable Group is focused on supporting and scaling up high-growth ventures within the green economy, ensuring that their impactful solutions reach new markets, transform even more lives and create thousands more jobs in the process.
 
After a rigorous selection process involving hundreds of world-class companies, Eco Wave Power has been invited to join 14 other leading entrepreneurs from across the UK & Europe for the first ever virtual iteration of the Unreasonable Impact programme, which aims to accelerate the growth of their companies.
 
Impacting the future of food, energy, sustainable living and supply chains, each entrepreneur is selected to participate based on their potential to address key social and environmental issues and to create at least 500 jobs within the next five years.
 
The programme connects the entrepreneurs to a global community of power-house mentors and industry specialists, including experts from across Barclays through tried and tested methodologies and approaches. 
 
Inna Braverman, CEO of Eco Wave Power, says: “We are very honoured to take part in this collaboration with Barclays and the Unreasonable Group. We believe this is an incredible opportunity to accelerate the growth of our company, with strong partners, while significantly contributing towards solving the world’s greatest challenge, which is climate change.”
 
Alisdair Gayne, Head of UK Investment Banking at Barclays, says: “We are excited to welcome the latest cohort of ventures onto the first virtual Unreasonable Impact programme.  As they point their talent and drive towards tackling today’s greatest challenges, we are committed in partnership with Unreasonable Group to create an extensive network of supporters that can support them on their journey to scale.”
 
Daniel Epstein, Founder and CEO of Unreasonable Group, adds: “We are committed to the idea that doing well and doing good are not mutually exclusive and Unreasonable Impact’s success to date demonstrates the growing appetite for purpose and profit driven businesses. Our now highly curated virtual programmes provide a space to share wisdom, build a lasting community of support and deep dive into critical conversations, empowering our entrepreneurs towards transformative impact and growth. We are so excited to welcome Eco Wave Power into our global community and look forward to supporting Inna Braverman along with our partners Barclays, to scale and in the process accelerate the creation of thousands of new jobs.”
 
Cumulatively, the fifteen ventures have generated more than $56.24 million in revenue, raised $202.48 million in funding and are operating in 26 countries.
 
To date, the ventures that comprise the Unreasonable Impact community have positively impacted more than 220 million people, reduced greenhouse gas emissions by 55 million tons, and generated more than 37,000 net new jobs. The companies have also raised more than $3 billion in funding. Eco Wave Power joins this notable global network in its shared effort to create thousands of jobs on the frontier of the green economy. —Tradearabia News Service



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