Sustainable Pioneers CIC, part of the Sustainable Ventures group, is thrilled to have partnered with The Ebico Trust to launch The Ebico Affordable Warmth Incubator Programme.
Sponsoring Agency: Sustainable Ventures
Type of Fund: Accelerator, Incubation, Mentorship and/or Training
Deadline Available: Available
Deadline Date (mm/dd/yyyy): 06/01/2021
Size of the Fund: USD $50,000 to $500,000
Sustainable Pioneers CIC, part of the Sustainable Ventures group, is thrilled to have partnered with The Ebico Trust to launch The Ebico Affordable Warmth Incubator Programme.
The programme will support the creation of new businesses that will develop innovative and impactful ideas to address the long-standing challenges of providing affordable, low-carbon warmth to the UK’s most vulnerable households.
Sustainable Ventures is looking for promising entrepreneurs to work with us to turn this vision into a reality by creating and going to market with cutting-edge sustainability innovations. The programme provides an opportunity for ambitious entrepreneurs to apply novel thinking to this complex challenge, supported by Sustainable Pioneers’ deep venture development expertise.
The programme will run for two years, offering the opportunity to one cohort each year. Candidates will join the cohort as individuals, form teams and pitch their ideas in a bid to progress through two incubation phases providing bespoke business development support and funding.
• Up to 20 successful applicants will join the programme as individuals and in July 2021, will take part in a three-week long entrepreneurs bootcamp to explore the sector and the problem, develop their entrepreneurial skills, form pre-startup teams and start to develop innovative ideas for solutions.
• At the end of the bootcamp, teams will pitch their ideas for the opportunity to progress to the first incubation stage of the programme which will begin in August 2021 and will provide three months of incubation support, a £7.5k grant per team and coworking space in Sustainable Workspaces’ flagship site in London (Waterloo).
• In November 2021, these pre-startup teams will pitch again, in a bid for £15k of investment and a further four and a half months of bespoke support in preparation for further funding and scale.
• In March 2022, there will be an opportunity to pitch for up to £125k of investment from the Sustainable Accelerator, which also includes a place on their yearlong accelerator programme. The incubator will also support the identification of additional funding opportunities.
Why apply?
The programme brings together the sector gravitas of The Ebico Trust with the deep venture development expertise of Sustainable Pioneers and the rest of the Sustainable Ventures group.The programme offers:
• The opportunity to collaborate with like minded individuals to create meaningful change and address the long-standing challenges of providing affordable, low-carbon warmth to the UK’s most vulnerable households.
• A £500 stipend to participate in the bootcamp stage, and the opportunity to learn from a broad range of sector experts and entrepreneurs.
• The opportunity to pitch for a £7.5k grant per team and a place on the first incubation phase of the programme, which will include three months of incubator support and coworking space in Sustainable Workspaces’ flagship site in London (Waterloo).
• Further £15k of investment for teams who successfully progress to the second incubation phase, alongside commercialisation support, mentoring, investment-readiness support and continued access to the coworking space.
• Access to The Ebico Trust’s sector expertise and network.
• Access to the Sustainable Ventures’ ecosystem and wealth of venture development experience, as part of the Sustainable Ventures group.
Criteria
Sustainable Ventures welcomes applications from candidates with a diverse range of skills and experience, however, they would expect from all applicants:
• Keen interest in the area of affordable, low carbon warmth.
• Ability to demonstrate the experience and aptitude that you have gained through your professional experience, educational attainment, and/or voluntary activities.
• Enthusiasm to work with people from diverse professional and educational backgrounds.
• Openness to building relationships amongst the programme cohort and forming founding business teams.
• Commitment and drive to collaboratively start a business from scratch and take it to scale.
• Adaptability, resilience and drive to achieve goals, even in the face of setbacks.
• Passion for using business to achieve impactful social and environmental change.
• An ability to demonstrate your passion for entrepreneurship and your particular interests in the social and environmental impact space.
More information at: https://www.sustainableventures.co.uk/ebico-affordable-warmth
Eligible Countries:
United Kingdom
