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Tuesday, September 27, 2022

Grant Opportunities: ClimateTech Run – Global Competition for Startups

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Deadline: 22-Sep-22

The Egypt’s Ministry of International Cooperation, Ministry of Communications and Information Technology and Ministry of Environment launches ClimaTech Run, a global multi-stage programme for tech entrepreneurs who share a collective passion for sustainability and a better future for all.

ClimaTech Run’s tech-startup track provides global startups with the opportunity to pitch during COP27 in Sharm El-Sheikh, Egypt, and participate in capacity building, incubation, and acceleration programs.

Thematic Areas
  • The ClimaTech Run focuses on the use of ICT in developing innovative solutions and new applications for climate action, notably in the following thematic areas:
    • Energy
    • Food security and agriculture
    • Water management
    • Industry 4.0 for climate action
    • Urban sustainability, Mobility and transportation
    • Other climate resilience applications
Climatech Supports Technologies
  • The use of AI in climate forecasting, e-agriculture, and satellite imagery analysis
  • IoT and sensor-based applications (weather, soil, and water big data information processing)
  • Smart cities applications lead to low carbon footprint and climate adapting economies
  • Electric vehicles technologies
  • E-waste management and recycling
  • Industry 4.0 applications (consumption and waste optimization, quality enhancement)
  • ICT applications in green and renewable energy
  • Clean Water Technologies
Special focus on Africa
  • As African countries face significant risk for a warmer, drier future, innovators and tech startups worldwide can use cutting-edge digital technologies to aid in climate mitigation and adaptation. However, the market for climate tech in Africa is still vastly underserved.
  • Climate-focused African tech startups lag significantly in investment inflow, receiving only 0.2 per cent of venture dollars compared to 94 per cent for the United States, Canada, China, and Europe.
  • A special prize will be given to the top 2 African startups. The criteria for selection of African startups are the same as the worldwide track but adding that the founders must have a nationality from an African country. The top 5 African startups will be invited to pitch their idea during the global pitch event.
Benefits
  • Prizes for this track are:
    • Grand prize of USD 100,000
    • 2nd prize of USD 50,000
    • 3rd prize of USD 25,000
  • Benefits for Africa
    • Top African Startup: USD 50,000
    • 2nd prize for African Startup: USD 25,000
    • Access to tailored support programs from ClimaTech Run Partners.
Eligibility Criteria
  • Participants must see the following criteria to participate in the competition
  • Registered startup operating for over 2 years or a proven track record
  • Has a team of at least 2 members, with member’s average age below 40
  • Sustainably driven and innovative business-supported by one or more emerging technologies
  • Not a spin-off or subsidiary of an existing company
  • Has a functional prototype or MVP (minimum viable product)
  • The team must have good communication skills and can present their startup in English.

For more information, visit https://climatechrun.com/tech-startups/#

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