Creative HQ offers up to ten $ 20,000 teams and a 12-week mentoring program to foster climate strategy ideas.
New Save the Earth Ideas program offers up to 10 teams $ 20,000 and 12 weeks of mentoring and bonding.
Managed by Wellington-based startup incubator Creative HQ, the new Climate response accelerator The program is designed to help entrepreneurs develop solutions to climate change.
Creative HQ’s CEO of startups, Luke Ball, said that while the term “accelerator program” might sound like jargon, it was simply referring to a program that would accelerate progress.
“Some could speed up a business launch in the market, another could take early stage companies and speed up their sales and early earnings.”
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Eight to 10 teams from across the country would be chosen to receive unfair funding, mentorship, and the tools and resources to help move each step of their project forward.
“Money is king when trying to start a business,” Ball said.
The program would start on June 24 and was also open to teams working remotely. “A lot of magic happens when you get a collaboration in person,” he said. “But Covid has changed things. We see it in the interactions we have with teams across the country and many cannot relocate. “
Teams would have five to 10 hours of structured counseling each week and each would be assigned industry mentors.
This prevented the “mentor boost,” Ball said. “If you meet four [mentors] in the same week, they might all say different things to you. It’s solved by putting them all together. “
Creative HQ has been running startup acceleration programs since 2013.
It was the first time he had focused on the climate response after noticing that more and more people were applying to programs with ideas rooted in sustainability and climate change mitigation.
Applications close May 23.