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    imagin awards three students' project to generate fuel from hydrogen in water


    June 28, 2022 - CE Noticias Financieras

     

      Atom, a project to generate fuel through hydrogen from water, has won the second edition of the imaginPlanet Challenge, imagin's initiative that supports young people with entrepreneurial ideas to mitigate climate change. Through this program, imagin, the digital services and lifestyle platform promoted by CaixaBank, offers training and tools to a generation of young people with environmental awareness and entrepreneurial concerns so that they can develop projects capable of generating a positive impact on the planet.

      The winning project, designed by three students from Barcelona, was chosen from among the 500 teams registered in the imaginPlanet Challenge, which this year had more than 1,700 young participants. During the last six months, imagin has offered all of them a specialized training program through face-to-face and telematic sessions on sustainability and entrepreneurship, and has provided them with tools and resources to give shape to their ideas.

      Among all the participants, imagin has selected 10 finalist teams, which have presented their projects before a jury of experts formed by professionals linked to leading companies in sustainability and members of the imagin team. The initiative also involved a total of 4,800 imaginers, who voted for their favorite project through digital channels. Finally, the professional jury and the users of the imagin app chose Atom as the winning idea of this second edition of the imaginPlanet Challenge, the project devised by three engineering students from Barcelona: Lucas Vicen (19 years old), Anna Martin (20 years old) and Marcel Rovira (20 years old).

      After winning the award, as a starting point to start the incubation phase of the project and create its minimum viable product (MVP), the Atom team will have the opportunity to travel during the month of July to Silicon Valley, specifically to the Imagine Creativity Center innovation center, led by entrepreneur Xavier Verdaguer. For 10 days, the creators of Atom will participate in an incubation program for their project, visit companies such as Google, Pixar, Airbnb, Twitter, Meta, Apple, Netflix, among others, and receive training from Stanford and Berkeley universities.

      After the incubation process that starts in Silicon Valley, Atom will present its project in a Demo Day session to investors, business angels, accelerator platforms and reference organizations of the entrepreneurial ecosystem.

      The project will have the support of imagin also in the acceleration phase to promote it and help it become an initiative capable of generating positive impact on the planet, in line with the two winning projects of the first edition of the imaginPlanet Challenge, EcoDeliver and Kidalos, which are already part of the entrepreneurial ecosystem and have been established as companies.

      Atom: fuel from hydrogen from water

      The project is conceived as a hydrogen fuel generator and storage device available at any time of the day. The device uses renewable energy to separate water into its two components, oxygen and hydrogen. The extracted hydrogen is then stored for use when needed as a fuel energy source. Hydrogen contains three times more energy than gasoline and, when burned, is converted back into water, generating zero C02 emissions.

      Atom is a project designed to adapt to the needs of users, whether in a private home or business, and is a globally scalable idea. The aim of the project is to accelerate the transition to renewable energies in order to put an end to climate change.

      Special mention to the Flou project

      Among the 10 finalist teams of the second edition of the imaginPlanet Challenge, imagin and the program's jury gave a special mention to the Flou project, by students from Loyola University (Seville), Almudena Dujat, Julia Polo and Pedro Roble.

      Flou is an idea linked to reducing food waste and is conceived as an intelligent refrigerator that monitors the expiration date of products and, based on this, recommends preferential consumption.

      imaginPlanet, a commitment to sustainability

      The imaginPlanet Challenge is part of the set of products, services, contents, agreements and initiatives based on sustainability that imagin, through imaginPlanet, is developing to generate a positive impact on the planet and society as a whole. Through this initiative, imagin reinforces its clear commitment to sustainability, which is one of the pillars of its strategy. imagin's sustainability plan implies that the entire business model and its entire organization are committed to criteria of coherence, social and environmental commitment, transparency and innovation.

      In this sense, for example, incentives for new customers replace the traditional gift with sustainable actions, such as reforestation or donations to charitable causes. Furthermore, in addition to promoting sustainability awareness among its users, imagin internally promotes the adoption of sustainable habits in its physical spaces and the involvement of its employees in social and environmental causes through programs in collaboration with leading organizations.

      imagin's sustainability model has achieved B Corp certification, which guarantees the company's compliance with the highest standards of social and environmental performance, public transparency and corporate responsibility in balancing economic benefit with social purpose. imagin was the first mobile-only financial services platform to achieve this certification.

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