Through ASAP, companies at the intersection of impact, inclusion, and investability will have a chance to bring their ideas from vision to scale.”Ĭarlos Manuel Rodriguez, CEO and Chairperson of the Global Environment Facility: We’re excited to expand our work to help companies build and operational capacity to scale their solutions. “Over nearly a decade, we have worked with so many entrepreneurs providing local, contextualized solutions around climate adaptation and resilience. By identifying SMEs in Latin America and the Caribbean through the Adaptation Solutions Taxonomy and connecting them to resources of a world-class accelerator, we can help adaptation entrepreneurs scale up solutions to the growing impacts of climate change, especially in the places that are most vulnerable.”ĭaniel Cossio, Regional Director, Latin America and the Caribbean, at Village Capital: “ Accelerating climate adaptation solutions in developing countries is the ultimate step in the ASAP strategy. Jay Koh, Managing Director of the Lightsmith Group: Leaders from each organization spoke about the project: That includes access to Abaca, Village Capital’s global online platform that helps entrepreneurs diagnose their progress and prepare for investment. A sister program is currently underway in Asia and Africa.ĭuring the accelerator, the eight companies will work 1-1 with industry experts, investors, and ecosystem partners to develop the networks and tools they need to scale their impact. The initiative aims to build an ecosystem of small- to medium-sized companies in emerging markets to support technologies, products, and services that build resilience to the impacts of climate change. The accelerator, run by The Lightsmith Group (“Lightsmith”) and Village Capital, is focused on supporting startups and small and medium-sized enterprises that are scaling market-based and contextualized solutions to critical climate adaptation and resilience challenges.ĪSAP is a grant-funded initiative led by Lightsmith and supported by the Global Environment Facility’s Special Climate Change Fund Conservation International and the Inter-American Development Bank. įull eligibility requirements and application can be found here. Mexico City, Mexico & New York, NY (March 7th, 2022 ) - Applications opened today for a new environmental accelerator focused on spotlighting climate innovation in Latin America and the Caribbean – ASAP, or the Adaptation SME Accelerator Project.
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