Deadline: May 10, 2024
Applications for the Greentech Asia 2024 are now open. The Greentech 2024: The Future of Sustainability is an investment-readiness accelerator program that will support startups with innovative solutions to accelerate sustainable development.
The Asia program will address and overcome key challenges entrepreneurs encounter due to regional disparities. It will focus on diverse-led startups from Malaysia and Vietnam, addressing underestimated communities in the region.
They invite startups providing the following solutions:
- Cleantech and Climate Tech: These are solutions leveraging technology to address climate change, reduce environmental damage, or improve the environmental quality of polluted natural resources.
- Agtech and Food Security: This includes companies using technology to address healthy nutrition, improve efficiency, increase yields, reduce costs, and boost sustainability in agriculture and agricultural practices.
- Circular and Regenerative Economy: Companies innovating using technology to minimize waste, pollution, and greenhouse gas emissions through sustainable use of natural resources.
- Natural Resource Management: Companies leveraging technology for sustainable and responsible management of land, water, air, and wildlife. We’ll also focus on creative solutions addressing challenges around degraded land, deforestation, loss of habitat, loss of biodiversity, displacement, and endangerment of species.
- Water, Sanitation, and Health: These are tech-based companies creating solutions to improve access to clean water, sanitation, hygiene, good health, and well-being.
Benefits
- Mentorship: Ability to meet with and receive mentorship from prominent investors, potential strategic partners, customers, and other founders.
- Financial analysis: Access to an investment analyst who will coach you one-on-one on building a financial model, identifying unit economics, and using financial metrics to drive both business and investor diligence.
- Media exposure: Exposure to Village Capital’s program website and other communications collateral.
- Networking: Access to a diverse and inclusive network of mentors and founders.
- Continued learning: Access to live and asynchronous sessions tailored to a virtual learning environment to help their companies identify early milestones and prepare for their next round of capital (if relevant) or big expansion.
- Advice: Startups will also be able to participate in a virtual investor forum and mock board meetings with representatives from financial institutions, corporates, experienced entrepreneurs, and relevant investors with a view to providing support towards scaling.
Eligibility
- Have legal incorporation and operations as a for-profit entity in Malaysia or Vietnam.
- Have a market-based solution that tackles sustainability challenges in Southeast Asia.
- Have at least one full-time founder based in Asia.
- Be in compliance with local fiscal and business law.
- Have a minimum viable product (MVP) and raised less than USD 1M in equity.
- Have meaningful customer or business validation (not limited to revenue, it can also be successful pilot studies, number of users, and/or strategic partnerships).
Application
For more information, visit Greentech Asia.
