Village Capital and The Lightsmith Group will accelerate 16 startups that are providing climate adaptation and resilience solutions in Asia and Africa.
WASHINGTON & NEW YORK, April 20 (Bernama-BUSINESS WIRE) -- Village Capital and The Lightsmith Group (“Lightsmith”) announced today that 16 startups were selected to participate in a new environmental accelerator called “ASAP”, or the Adaptation SME Accelerator Project, focused on innovative climate adaptation ventures in Asia and Africa. The 16 startups were selected from more than 300 applicants and have developed technologies in water, agriculture, risk analytics, supply chain, infrastructure, and insurance that can support adaptation and resilience to climate change.During the ASAP accelerator program, the 16 companies will work with industry experts, investors, and ecosystem partners to develop the networks and tools they need to attract investment, grow their businesses, and increase their climate adaptation impacts. More information can be found here.
“Through the ASAP Accelerator, we aim to help these entrepreneurs to scale their impact and connect to a global network working to develop solutions that address the impacts of climate change," said Brian Parham, ASAP Program Director at Lightsmith.
ASAP is a grant-funded initiative led by The Lightsmith Group, in partnership with Village Capital, and with the support of the Global Environment Facility’s Special Climate Change Fund. Additional support is provided by Conservation International and the Inter-American Development Bank.
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