Accelerating green startups

Published on February 2, 2023
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The ClimAccelerator programme intended to promote environmentally friendly startups will be held for the first time in Egypt to help develop green entrepreneurial business models in a shorter period, it was announced this week.

The three-month programme is organised by EIT Climate-KIC, a European knowledge and innovation community cofounded by the European Union, in collaboration with Youthink Green, a social enterprise that aims at fostering sustainable development among diverse communities, and the Abu Dhabi Commercial Bank (ADCB).

ClimAccelerator Egypt will include training, mentoring, knowledge-sharing, and market-investor linkages designed to build viable business plans, boost climate impacts, and help secure grants to implement green entrepreneurial projects, Ola El-Houfy, project lead at Youthink Green Egypt, said.

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Source: Al Ahram Egypt, Ahmed Kotb.

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