Climate-KIC Accelerator is the cleantech accelerator with a focus on climate impact. It offers a 18-month programme, divided in 3 stages, to grow your own cleantech idea into a great business.
Sustainable Nation is pleased to run the Dublin-based Climate-KIC Accelerator, and the Accelerator Stage 2 is now open for entries.
The Dublin Climate-KIC Accelerator supports promising start-ups by providing the tools, opportunities and network to transform break through innovations in climate innovation and finance. We can help you solve real customer problems. We welcome applications from Irish or European-based companies that are working on climate-innovation solutions.
Sustainable Nation works closely with the Irish Department of Finance to deliver its International Financial Services (IFS) Strategy 2020. The Paris Climate Agreement Meeting (COP21) placed climate change firmly in the heart of the global financial system, putting an emphasis on how the trillions of dollars required to mitigate and adapt to climate change could be mobilised. This reflects the realisation that holding global warming below the accepted 2oC target would require an unprecedented reallocation of capital. In this context we are keen to work with companies that are developing innovative financial solutions that support meeting the 2oC target, and underpin the concept of responsible investment or ESG (environmental social governance).
Who Should Apply?
Can you answer yes to these questions?
- Do you have a breakthrough idea related to new technology with substantial sustainable finance/climate impact?
- Do you have a BASIC business model already defined?
- Is there a motivated team in place (at least two founders)?
- The business may or may not have a legal entity formed yet. If yes, the legal entity cannot be more than 2 years. [If not, one of the objectives of stage 1 is to create a legal entity].
- This is an 18-month, 3-stage programme
- World class business coaches & mentors
- Access to a European ecosystem
- Non-equity grant of up to €60,000 on completion of all 3-stages
Stage 1: Fundamentals [July – August 2017]
Get the basics right. Focus on your customer and how to get your product into their hands. Which niche are you serving? Which problem are you solving? Figure out how to make money and scale up your business using a solid financial model. Fundamentals gives you a clear vision of how to create highest value with limited resources. Stage 1 consists of a 2-day boot camp and 6-8 sessions filled with workshops, peer-2-peer sessions and start-up stories. Fundamentals comes with a grant of up to €10,000.
Stage 2: Validation [September – December 2017]
Get out there and validate your business assumptions. Talk to at least 50 (potential) customers across borders. We provide you with the skills and tools you need to conduct good interviews, to see through all the false positives and to build your business on real insights. After validation, you’ll be better able to choose your markets and grow by addressing real customer needs.
Stage 2 takes about 6 months, and consists of a mix of monthly meetings and peer-to-peer session. Validation comes with a grant of up to €20,000.
Stage 3: Delivery [Jan – Oct 2018]
In this stage, you use insights from the previous stages to develop a full-grown business plan in which all foreseeable failure factors are fixed. You are ready to pitch your business case to investors and launch it to your customers. Delivery helps you find the partners that enable you to grow fast. Apart from intensive 1-on-1 coaching, we offer workshops on valuation, investor strategy, financial structuring, deal making and strategic partnering. Delivery comes with a grant of up to €30,000.
We help you think, act and grow big, so you can reach global domination in your chosen market niche.
Download the Application Form and return to firstname.lastname@example.org. Closing date for receipt of applications is 1 September 2017, and shortlisted applicants will be invited to interview on 8 September 2017.