Good Company Ventures' Climate Ventures 2.0 GoodCompany Ventures transforms innovators into entrepreneurs and dreamers into doers. We provide entrepreneurs resources to envision persistent social problems as market opportunities, design business models that support long-term social change, and mobilize capital to maximize their impact. Now in its sixth year, GoodCompany Ventures graduates have raised over $60mm to fuel their social missions. GoodCompany Ventures is a 501(c)3 non-profit funded by grants from the Knight Foundation, Halloran Philanthropies and Bloomberg Philanthropies.
Accelerator / Incubator
Climate Ventures 2.0 is a project launched by GoodCompany Ventures in 2014 that will roll out in four phases based on the model that GCV has refined over the past 5 years.
Applications for Climate Ventures 2.0 will open on October 7th!
I) Mobilize: GCV will organize research with its founding partner, the Wharton Social Impact Initiative, to reframe climate threats to water and food security as actionable targets for entrepreneurial innovation, (i) segmenting and quantifying the economic impact of climate threats, (ii) identifying available data sets and technology resources and potential use cases, through interviews with CDI contributors and (iii) prioritizing demand, through interviews with resilience experts. The resulting opportunity roadmap will enable the CDI participants to speak collectively to the entrepreneurial community in a way that invites collaboration and calls for action.
II) Source: Social entrepreneurs will be selected for CV2 via a global sourcing campaign. In addition to GCV’s established network of pipeline partners, GCV is partnering with CDI participants that host innovation competitions to fast-track their finalists.
III) Accelerate: These engagement efforts will culminate in a White House selection event at which a panel of climate experts will select 10 finalists to participate in our intensive 12-week accelerator. Our core curriculum requires the entrepreneurs to work through a structured strategy curriculum, based on weekly challenges and peer-critiques. For CV2, our curriculum and mentoring capacity will be augmented by climate and technology advisors from among the CDI participants.
IV) Launch: In GCV’s experience, private capital can be engaged to support the launch of social enterprises, but only after a pilot designed to test key assumptions has demonstrated the efficacy of both the innovation and its delivery model. Our accelerator identifies the key risks that may pose barriers to investment and designs efficient proof-of-concept pilots to be implemented through the global networks of resilience initiatives associated with the CDI. Upon completion of the accelerator, GCV supports the fundraising efforts of its entrepreneurs through impact investor showcase events in select cities.
PROGRAM DETAILS AND REQUIREMENTS
Applications will open in early October to entrepreneurs with early stage innovations in food and water security.
SUPPORTING VENTURES IN THESE SECTORS
- Civic Participation
- Clean and Green Technology
- Communications / Media / ICT
- Disaster Recovery
- Distribution / Supply Chain
- Employment, Livelihood, Income Generation
- Enterprise Development, SME
- Environment, Climate Change
- Housing, Shelter, Homelessness
- Natural Resources / Conservation
- Peace and Security
- Sanitation, Waste Management
- Training, Technical Assistance Services
- Web, SaaS, Online Tech
- Women, Girls
supporting ventures in these regions
- Central Asia
- Latin America
- Middle East / North Africa
- Southeast Asia
- Subsaharan Africa
- US, Canada
TYPES OF COMPANIES ACCEPTED
- For Profit