Start-up teams with innovative circular economy solutions in urban areas are invited to apply to the Circular Cities accelerator program.
Business Spirit News reporting⬤Author
The Circular Cities ClimAccelerator public-private initiative offers an extensive programme and funding for entrepreneurs driving the transformation of cities to become more sustainable and climate-resilient.
Start-ups are invited to submit their projects focusing on a circular solution in the textile, food, tourism, mobility, construction sectors and other relevant areas.
“The Circular Cities ClimAccelerator helped us not only to connect to other leaders in this area, but also to connect to relevant stakeholders such as cities to create valuable partnerships,”
Proposed business solutions need to be scalable in urban areas, particularly to the markets of the partner cities of the program, which includes Dublin, Berlin and potentially other large cities.
Selected teams will go through three stages: working on their business strategy, market validation, and investment readiness.
At the first stage, 25 teams will be supported with €3.000 per team, then 15 teams will continue the next phase when they will each receive up to €15.000 grant.
The final module will be an invite-only option for the best ten projects to present their ideas to investors.
Application is open until 10 April to enterprises with an advanced business model and minimum viable product with a legal entity registered no longer than five years in Europe.
The duration of the program is eight months, starting on 25 April and closing with a demo day on 02 December 2022.
The Circular Cities ClimAccelerator program is managed by Climate-KIC, Luvent Consulting GmbH, DTU - Technical University of Denmark, UPS, Trinity College Dublin, Trinity's Ideas Workspace, Veolia and primeCROWD investment group.