Event - Front Burner: How Business Model Innovation is Driving the Clean Cooking Industry

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Title

Front Burner: How Business Model Innovation is Driving the Clean Cooking Industry

Organizer

William Davidson Institute (WDI)

Type

Online Seminars

Focus

• Cooking
• Off-grid

Start

2024/04/16 08:00 AM EDT

End

2024/04/16 09:00AM EDT

Venue

Online (Zoom)

URL

link to the event

Description

Private sector innovation is a cornerstone of the efforts to bring clean cooking to the over 2.3 billion people worldwide who presently lack it.

The Clean Cooking Alliance (CCA) has supported over 25 clean cooking companies through its Venture Catalyst program, which helps firms attract investors, and grow their leadership and technical capacity to scale. Supported companies like BioLite, BURN Manufacturing, KOKO Networks and Sistema.bio have brought different product and business strategy innovations to the forefront. These include high-tech solutions like electric induction cookers, new fuels such as ethanol, targeted marketing, and business model solutions such as special purpose financing vehicles, carbon financing, and pay-as-you-go customer financing mechanisms.

The April 16 discussion, “Front Burner: How Business Model Innovation is Driving the Clean Cooking Industry,” will be hosted by the William Davidson Institute at the University of Michigan (WDI), and will feature panelists from CCA and these four trailblazing clean cooking companies with operations in multiple countries. Panelists will share their strategies for growing market size and scale, as well as barriers and enablers to implementing innovation. To learn more about the state of the clean cooking industry, click here for the CCA’s 2023 Annual Report.