Description
Powered by ADCB Bank, NilePreneurs Venture Business Accelerator runs the new ClimaTech Accelerator. This program supports seed-stage startups and small-sized Egyptian companies to enhance, catalyze, and scale the impact of climate solutions, helping climate tech companies achieve their business objectives and drive sustainable change.
Program Benefits
The program aims to accelerate new innovative ClimaTech focused solutions by building companies’ capabilities over an acceleration cycle of four months, providing:
Expert Mentorship: Refining your business model with business development support and guidance from industry experts.
Powerful Networking: Connecting you with key players to scale your climate solution.
Market and Industry Leader Access: Improving your market access and gaining valuable insights from the leaders shaping the clean energy sector.
Access to Finance and Innovation capacity: Becoming ready for investment and driving impact in the clean energy sector.
Target Sectors
Example of verticals of climate impact that the program aims to support:
Sustainable Agriculture
Eco-friendly Consumer Products
Smart Mobility
Energy management
Water management
Smart Cities and Urban Sustainability
Green Building and Construction
Circular Economy
Eligibility Criteria
Your startup is focused on climate technology.
You have a proven track record (3+ years) or demonstrate significant development potential.
Your team possesses strong marketing, management, and financial capabilities.
You have the potential to increase your local value contribution.
Your solution has the potential to scale and make a major impact.
Timeline
Application: Applicants will conform to eligibility criteria to assess their innovative idea and apply.
Initial filtration: In this phase, the applicants will be shortlisted according to the criteria developed earlier.
Bootcamp: The applicants will receive training about ClimaTech, product localization & preparing their pitches.
Judging & Selection: Participants will present their products/solutions. Judges will evaluate them and the companies’ ability to manage and finance the product to market and generate revenue from its sales.
Startups Acceleration Cycle: The winners will get a range of technical and business support services to support companies’ growth. This includes training sessions by industry experts, followed by 1-1 mentorship sessions.
Graduation & Demo Day: In a showcasing event, companies will be given the opportunity to pitch to potential customers, partners, investors, and other stakeholders, giving them the necessary exposure for their next growth phase.
Deadline
June 30th, 2024
Find application form here