The EIS Navigator 98 Building environmental companies and making green investing more popular with Nick Dimmock of 350PPM
Nick Dimmock founded 350PPM as an incubator for various environmental businesses, but has followed a different path from many incubators. In this episode, he discusses how he developed the 350PPM business model, developing companies more generally and the state of environmental investing.
Amongst other items, Nick discusses:
- how he developed 350PPM's business model
- the importance of the right system
- balancing doing things for a company versus developing internal capabilities
- handling areas that are capital intensive
- where we are in the demand cycle for environmental investments
- how we generate more interest in them
- the need for political support and change
Nick is naturally forthright and brings some strong opinions which make for a very interesting conversation.
01:50 Nick introduces himself
05:00 what 350PPM is and does
07:40 how did the business model develop - developing a system
13:00 doing stuff for a company vs developing internal capability
18:35 what sorts of companies are of interest and why
22:35 capital intensity
27:30 demand for environmental investments
31:45 how do we sustain interest in environmental investments
33:00 need for removal of subsidies
39:40 next steps
41:15 Favourite questions
Links
350PPM website - https://350ppm.co.uk/
Subscribe to the EIS Navigator podcast on most services here: https://the-eis-navigator.captivate.fm/listen
Suggested books and media
What You See is What You Get by Alan Sugar
Billionaire: The Life and Times of Sir James Goldsmith by Ivan Fallon
The Fifth Risk: Undoing Democracy by Michael Lewis
Bio
Nick Dimmock,
Founder & CEO, 350PPM
Nick has worked in the environmental sector since 2007 and has so far been involved in over 50 environmental projects from Municipal Solid Waste Composting in India, to 1500 MW Hydroelectric projects in Ecuador. Overall, the projects Nick has been involved in have created on-going emission reductions over 9 Million tons of CO2e per annum. From 2017, Nick has been involved with incubating, accelerating and venture building early stage cleantech businesses.