Climate-KIC is looking for cleantech startups

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15.09.2016

The Climate-KIC Accelerator Programme is an 18-months-program for early stage cleantech startups. Innovators and entrepreneurs with new ideas to counter climate change are called upon to submit their application for the 2016 edition. Startups that go through all three stages of the Accelerator receive grants of up to 85.000 €. Registration closes on 2 October 2016.

Climate-KIC is the Europe’s largest public private partnership addressing climate change through innovation to build a zero carbon economy. Every year, Climate KIC supports over 150 startups in realising their ideas. Through various programs, including the Accelerator Programme, Climate-KIC guides innovative startups through the journey of transforming their ideas into feasible businesses.

Climate-KIC’s Accelerator is Europe’s largest for early stage startups that provide solutions for climate change. The program is designed for teams that want to create a startup based around a new technology or service with high potential for both commercial viability and climate impact. Participants will benefit from fast track education, intensive coaching, substantial financial support and access to an extensive international network. Coaches and organisers have the right tools to help develop early-stage startups into viable and successful businesses.

Following the application process, the best teams will be invited to join a-two-day Start-up Camp led by experts and professional coaches from within the Climate-KIC network.  The best startups will be admitted to the Climate-KIC Accelerator Programme. Camp dates: 26./27. October in Switzerland and 25./26. November  in Austria.

The program is run in three stages, each 6 lasting months. During the each stage, they will receive all the knowledge, resources, tools and coaching that a cleantech startup requires to becoming successful in the market. The first stage is intended to help early-stage startups refine and develop their idea, and build a financial model. This stage comes with a grant of up to10’000 Euro. The second stage helps move startups with a well-formulated business model to the next phase: solving real problems and acquiring customers. The grant for stage two is up to 25’000 Euro. The third and last helps stage prepare fully-fledged startups for investment and scaling. Startups will be supported in preparation for negotiations with potential investors, and benefit further of Climate-KIC’s network of investor contacts and partners. The admitted startups will receive a final grant of 50’000 Euro.

Registration closes on 2. October 2016.

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(RAN)

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