Israeli Eco Wave Power chosen as Finalist at the European Cleantech Challenge

Israeli Eco Wave Power chosen as Finalist at the European Cleantech Challenge

  PR Newswire

  TEL AVIV, Israel, November 6, 2013

TEL AVIV, Israel, November 6, 2013 /PRNewswire/ --

Israeli Eco Wave Power, an innovative wave energy company, was chosen as
Finalist at the Intesa Sanpaolo Bank's "Cleantech Start-Up Initiative".
Thereby, being among the first ever Israel-based cleantech companies to be
chosen to take part in the prestigious competition, and get to the final
round.

This is in continuity to the significant recognition received by Eco Wave
Power in the recent year by winning the Frost & Sullivan Product Innovation
Award, being chosen to participate in ABB's Innovation day in Zurich, Having
its co-founder, Ms. Inna Braverman receive nomination as the "Young Executive
of the Year", and now getting to the Finals of the Cleantech Challenge.

Mr. David Leb, Founder & CEO said " We are proud to be part of the elite
selected cleantech companies, and hope that Israeli technologies will keep
pushing the boundaries of invention and reach implementation all over the
world" 

Mr. Jonathan Hadar from the commercial & Investment office, a branch of
Israel's Ministry of Economy in Milan also congratulated the company.

The Cleantech Start-Up Initiative by Intesa Sanpaolo Bank is a yearly
business plan competition aimed at supporting the best cleantech companies
from Europe and all over the world. It presents a unique fundraising
opportunity for companies active in the Cleantech field.

In the first phase, Eco Wave Power was selected to go through training and
selection processcoordinated by Silicon Valley angel investors INCube, and
was chosen as one of the most promising concepts and teams.

In the next phase, Ms. Inna Braverman, pitched to a panel of experts (industry
players, investors and researchers), who provided structured feedback and
selected the finalists, which will move to the final stage of the program,
among which is Eco Wave Power.

As a result, Ms. Inna Bravermen, will pitch Eco Wave Power's project in the
final round to a wide audience of financial and corporate investors, who are
top players of the innovation ecosystem.

The best among the finalist start-ups will be given an opportunity to take
part in an International Roadshow covering UK , Germany , France and the
US to reach more investor audiences and maximize their chances of success.

The event will be held on the 12 ^th of Novermber, at Centro Congressi
Stelline, Corso Magenta 61, Milan

For further details please contact Eco Wave Power company at +972-35094017 or
info@ecowavepower.com , you can also visit our web-site
http://www.ecowavepower.com