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.