SUSTECH Bank
SUSTECH BANK
The Sustainable Technology Bank, also known as The SUSTECH Bank, is a key outcome of the SUSTECH mega cluster initiative. It aims to create a repository of commercially viable, late-stage technologies that have been pre-qualified for financial viability. This initiative addresses technology needs and problems while fostering technology-based entrepreneurship. The SUSTECH Bank will provide innovative, scalable, and bankable technology solutions in five key focus areas: Critical Infrastructure, Water, One Health, Food Security and Air. By bringing together these vetted solutions, the initiative aims to improve access to low-carbon technologies for member countries and vulnerable communities in the Global South.
How Does it Work?
Identification and Vetting
Picture a team of experts scouring the globe for late-stage technologies that are not only innovative but also financially viable. These technologies undergo a rigorous assessment to ensure they scale and make a significant impact.
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Repository Creation
Imagine a treasure trove of vetted technologies, compiled into a comprehensive repository. This repository is a goldmine for member countries and stakeholders, offering easy access to cutting-edge solutions.
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Providing Technology
The SUSTECH Bank acts as a bridge, delivering these identified technologies to governments and private sector entrepreneurs. This enables them to implement these solutions and transform their regions.
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Support and Training
A dedicated support team ready to assist with the successful implementation and integration of these technologies. This includes hands-on technical assistance, capacity building, and ongoing support to ensure everything runs smoothly.
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Monitoring and Evaluation
Continuous monitoring and evaluation are like the quality control of this initiative. They ensure the deployed technologies are effective and impactful, providing valuable feedback for future improvements.
Stakeholders and Partners
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Governments/public sector/organizations
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Entrepreneurs/technology innvoators
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Academic and Research Institutions
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Institutions
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Non-governmental organizations
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International development organizations
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Multilateral agencies
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Development finance institutions
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Investment funds
Access to Innovative Technologies
Member countries and entrepreneurs will gain access to a repository of pre-qualified, bankable technologies that address critical infrastructure, water management, healthcare, food security and air needs.
Economic Development
By promoting technology-based entrepreneurship, the SUSTECH Bank will drive economic growth and create job opportunities in member countries.
Environmental Sustainability
The focus on low-carbon technologies will help reduce environmental impact and promote sustainable development practices.
Capacity Building
Training and support provided by the SUSTECH Bank will enhance the technical capabilities of governments and entrepreneurs, ensuring successful implementation and long-term sustainability.
Global Collaboration
The initiative will foster collaboration among governments, private sector, academia, NGOs, and international organizations, creating a global network dedicated to sustainable development.
Resilience and Adaptability
By addressing key focus areas, the SUSTECH Bank will enhance the resilience and adaptability of member countries to various challenges, including climate change, health crises, and resource scarcity.
Benefits
Our SUSTECH Bank Solutions at a glance
NetZero Hubs
The NetZero Hub initiative focuses on promoting renewable energy solutions through the establishment of comprehensive resource centers. These centers, housed in 40ft container hubs, serve as one-stop shops for renewable energy products and services. Key features include:
Electric Vehicle (EV) Charging Stations
Providing infrastructure for EV charging and battery swapping.
Solar Water Pumps and Heaters
Offering sustainable solutions for electricity generation and essential water heating.
Energy-Efficient Cooking Solutions
Promoting healthier and more sustainable cooking methods.
E-Bike Conversion
Assisting in converting petrol bikes to electric, supporting cleaner transportation.
NetZero Hubs aim to make renewable energy accessible and affordable, reduce dependency on non-renewable sources, and enhance local energy security. It also contribute to local economies by creating jobs, supporting new businesses, and improving public health by reducing pollution. These hubs play a crucial role in accelerating the transition to renewable energy and fostering sustainable community development.
Eco-Crete Innovations
Eco-Crete Innovations focuses on upcycling waste materials into sustainable construction products. The initiative addresses the dual challenges of growing urban waste and the increasing demand for affordable, durable building materials. By transforming industrial and city waste streams, including mixed plastics and recovered aggregates, into composite products like paver blocks, drainage covers, interlocking bricks, and roof shingles, Eco-Crete Innovations offers innovative solutions for sustainable construction.
The patented technology involves a specialized manufacturing process that ensures high performance and environmental benefits. Key features of the products include reduced COâ‚‚ emissions, minimal water usage, adaptability to various types of plastics, and the ability to co-process industrial wastes. The products are factory precast with zero curing period, made from 99% waste materials, and are 100% recyclable at the end of the life cycle.
Eco-Crete Innovations' business model focuses on converting waste disposal costs into profits by providing sustainable products at affordable prices. We aim to create a significant impact by reducing waste, conserving resources, and promoting a circular economy. Our efforts align with several Sustainable Development Goals (SDGs) and have been recognized with multiple national and international awards. The initiative aims to scale up its impact by increasing recycling capacity, creating green jobs, and significantly reducing greenhouse gas emissions over the next five years.
Water4Life
Water4Life is at the forefront of sustainable water solutions, addressing global water scarcity with innovative technologies. Our mission is to provide reliable water sources by tapping into self-recharging underground water veins. Utilizing advanced hydrogeological data, AI-driven remote sensing, and eco-conscious drilling, we identify and access climate-resilient water sources at depths between 150 and 800 meters with a 98% accuracy rate. Our services support real estate developers, government utilities, and industrial parks in mapping, planning, and development efforts.
Our disruptive solutions include the WaterQuest Solution, which has successfully implemented over 1,200 wells globally, WaterRx, an IoT device for monitoring water quality, and WaterQuest Mobile™, a mobile water treatment system for disaster management.
Our technology has been successfully deployed in diverse locations such as Samalus, Barcelona, Bronchales, Teruel, and various projects in the UAE. By reducing the strain on traditional water sources and promoting environmental conservation, Water4Life is more than just a technology—it's a movement towards a sustainable future. With our commitment to innovation and sustainability, we are poised to make a significant impact on global water management practices.
Waterpreneurs
The Waterpreneurs initiative addresses the critical issues of water scarcity and groundwater depletion by promoting sustainable water management practices. This program equips individuals with the skills needed to monitor, maintain, and manage water resources effectively. The initiative focuses on managing aquifer recharge and sustaining groundwater use through local interventions, where participants, known as Waterpreneurs, play a crucial role in ensuring the sustainable use and recharge of groundwater.
Key aspects of the Waterpreneurs initiative include organizing workshops to provide hands-on experience with tools and methodologies for effective groundwater management. These workshops aim to strengthen institutional capacity and frameworks for urban, rural, and village-scale groundwater management. Participants are trained to collect reliable data on water tables, rainfall, and water quality, which is used to develop village water security plans.
Overall, the Waterpreneurs initiative aims to create a sustainable and resilient water management framework that benefits communities by ensuring long-term water security, promoting environmental conservation, and enhancing local water infrastructure. This approach not only improves water management practices but also supports economic growth and public health by ensuring reliable access to clean water.
Skyquest Labs
Skyquest Labs is a pioneering tele-pathology company that uses advanced technologies like artificial intelligence and machine learning to generate diagnostic reports in less than 15 minutes. By connecting laboratories to pathologists remotely, SkyQuest Labs ensures high-quality diagnostic services are accessible even in the most remote areas, enhancing efficiency and accuracy.
Key features of SkyQuest Labs include:
Rapid Diagnostics
Generating reports in under 15 minutes.
Remote Accessibility
Connecting labs to pathologists to provide services in remote areas.
High Accuracy
Utilizing AI and machine learning for precise diagnostics.
Data Management
Employing a sophisticated system where digital data is securely stored in the cloud, speeding up the diagnostic process.
SkyQuest Labs aims to improve healthcare accessibility, enhance patient outcomes, and support the growth of the healthcare industry by providing cutting-edge diagnostic solutions. This approach ensures that only data travels, not physical samples, making the process faster and more efficient. It benefits patients and doctors while building value for laboratories by adhering to strict compliance standards and reducing operational costs.
Drone Initiative
The Drone Initiative by SkyQuest focuses on modernizing agricultural practices through the use of advanced drone technology. This initiative aims to enhance productivity, sustainability, and efficiency in agriculture by training individuals to operate agricultural drones for tasks such as crop monitoring, pesticide spraying, and soil analysis.
Key features of the Drone Initiative include:
Precision Agriculture
Drones equipped with advanced GPS and sensor technology ensure the precise application of pesticides and fertilizers, reducing chemical overuse and minimizing environmental impact.
Comprehensive Training Programs
Participants receive extensive training in drone technology, learning to apply fertilizers, pesticides, and herbicides accurately, and conducting detailed soil and field analyses.
Enhanced Irrigation Management
Drones help identify areas needing more or less water, detect leaks, and monitor water resources efficiently.
Job Creation
The initiative opens new career opportunities in the agricultural sector, including roles as drone pilots, mechanics, and in drone manufacturing.
By integrating cutting-edge technology into agriculture, the Drone Initiative aims to boost productivity, reduce labor costs, and promote sustainable farming practices. This approach not only improves agricultural efficiency but also supports the development of innovative solutions in the sector.
Are you a technology innovator, change maker, or game changer with groundbreaking solutions? The SUSTECH Bank is calling on visionaries like you to transform lives and communities across the Global South. We are on a mission to create a repository of late-stage, commercially viable technologies that address critical needs in five key areas: Critical Infrastructure, Water, One Health, Food Security, and Air.
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Submit your innovative solutions detailing:
Technology Overview: A brief description of your technology and its unique features.
Impact: How your solution addresses one or more of our focus areas.
Scalability: Potential for widespread adoption and implementation.
Viability: Evidence of financial viability and potential for investment.
Join us in our quest to make sustainable technology accessible to all. Together, we can create a brighter, more sustainable future.
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Submit your solutions today and be part of the SUSTECH Technology Bank!
Are you a Technology Innovator?
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