The Climate-KIC Accelerator will help support and develop low carbon business ideas in Scotland.
Climate-KIC Accelerator is self-described as "the world's first business school for promising entrepreneurs"; offering entrepreneurship education, tools, techniques and intensive coaching.
This is a three-stage accelerator process. The first accelerator stage will enable companies to access to €10,000 as well as to a programme of expert support and events that will help them to turn inventions into viable business plans. Successful businesses will then move through the three stages, accessing further support and funding at each stage.
Stage One: Fundamentals.
During this stage, participants will find their market niche; developing a financial model whilst finding out how to make money and scale their business. This stage comes with a grant worth up to €10,000.
Stage Two: Validation.
This stage is focused upon addressing real world customer problems. Grants at this stage are worth up to €25,000 and are intended to cover travel costs (available funding will vary dependent on location).
Stage Three: Delivery
This stage is intended to help prepare businesses for "take off". Here, participants will find launching partners, development partners or investors. Businesses will form partnerships that will enable growth. €50,000 is available at this stage (available funding will vary dependent on location).
Climate-KIC Accelerator is provided by Climate-KIC, a public-private innovation partnership that drives innovation in climate change.
Climate-KIC Accelerator is brought to Scotland through the Edinburgh Centre for Carbon Innovation (ECCI). The ECCI focuses upon bringing together low carbon leaders and practitioners from the business, finance and public sectors in order to turn good green-business ideas into a reality.
Since 2010, Climate-KIC has built a substantial presence with the UK and Ireland with centres based in London, Dublin and Birmingham. Now a new centre based in Edinburgh will support Scotland-based entrepreneurs.
The purpose of this accelerator process is to ensure that low carbon start-ups are investment ready. This accelerator will also help to drive innovation in climate change.
Information regarding restrictions has not been given. Interested parties should contact the funding provider directly for further details.
Low carbon start-ups that are based in Scotland may apply.
The new Scottish Climate-KIC centre will focus upon emerging strengths within data innovation as well as the dual themes of rural and water innovation. However, applications are welcome from entrepreneurs who have low carbon ideas on any theme.
Information regarding match funding has not been given. Interested parties should contact the funding provider directly for further details.
Funding is intended to help support and develop low carbon business ideas.
The next deadline for applications is 13 April 2017.
Interested parties should first complete the online application form which can be accessed through the Edinburgh Centre for Carbon Innovation (ECCI) website