Summary
- Village Capital and Moody’s Foundation have announced the Greetech2024: The Future of Sustainability, an investment-readiness accelerator meant to advance solutions that help mitigate the effects of climate change across Africa.
- This accelerator will focus on startups from Egypt, Kenya, Nigeria, Senegal, and South Africa.
- Applications are open to interested startups till May 10, 2024
Village Capital and Moody’s Foundation have announced the launch of Greetech2024: The Future of Sustainability, an investment-readiness accelerator.
This accelerator is meant to advance innovative and sustainable solutions that actively contribute to building resilience and mitigating the effects of climate change across Africa. It will focus on startups from Egypt, Kenya, Nigeria, Senegal, and South Africa.
Village capital unlocks critical social and financial capital for early-stage companies to maximize business and impact growth. It has been in operation since 2012 by running over 14 accelerator programs in serving entrepreneurs in 15 countries in the region.
This program is part of the broader global effort running in Latin America and Asia seeking to support and scale startups working to address the effects of climate change by mitigating environmental damage, improving agricultural practices and nutrition, minimizing waste and pollution, preserving and protecting natural resources, and access to water, sanitation, and universal health.
The call for applications is open to regional startups focusing on areas such as:
- Cleantech and Climate Tech: Tech solutions addressing climate change and enhancing environmental quality.
- Agtech and Food Security: Tech-driven initiatives to develop nutritious food, improve efficiency in agriculture, increase yields, reduce costs, and boost sustainability.
- Circular and Regenerative Economy: Tech innovations minimizing waste, pollution, and emissions through sustainable resource use.
- Natural Resource Management: Tech-enabled sustainable management of land, water, air, and wildlife, addressing challenges like degraded land, deforestation, and biodiversity loss.
- Water, Sanitation, and Health: Tech companies providing solutions for clean water access, sanitation, hygiene, and overall health improvement.
Applications are open till May 10, 2024 and those interested can apply here.
The selected entrepreneurs will meet for three online workshops from August through September 2024. The curriculum is focused on helping them develop the networks and tools they need to scale their impact and uplift their communities. They will work closely with industry experts, investors, ecosystem partners, and an investment analyst who will coach them 1:1 on building a financial model, identifying unit economics, and using financial metrics to drive both business and investor diligence.