Application Deadline: MAY 10, 2024
Village Capital, with support from Moody’s Foundation, launched Greentech 2024: The Future of Sustainability, an investment-readiness accelerator. The program is designed to advance innovative and sustainable solutions, actively contributing towards building resilience and mitigating the effects of climate change in Asia.
The program is part of a broader global effort running in Latin America and sub-Saharan Africa that will 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. Geographically, the Asia program will focus on startups from Malaysia and Vietnam.
Eligibility
Eligibility requirements include:
- 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).
Startup Types
- Cleantech and Climate Tech
- Agtech and Food Security
- Circular and Regenerative Economy
- Natural Resource Management
- Water, Sanitation, and Health
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.
Program Timeline
- MARCH 4, 2024: Applications open
- MAY 10, 2024: Applications close
- JULY 2024: Cohort selection
- AUGUST 5-9, 2024: Online workshop 1
- AUGUST 26-30, 2024: Online workshop 2
- SEPTEMBER 23-27, 2024: Online workshop 3
More Info: Village Capital Greentech Asia Investment-Readiness Accelerator
