English
FrançaisCATALI.5°T
I&P, through its non-for-profit organization I&P Entrepreneurs & Development, is currently working on the designing and assessment of CATALI.5°T, a future acceleration program dedicated to West-African climate ventures developing innovative solutions to reduce CO2 emissions.
Program overview
The CATALI.5°T (Concerted Action To Accelerate Local I.5° Technologies) Initiative will establish and implement regional technical assistance and investment grant platforms that build a portfolio of early-stage climate ventures in Latin America and West Africa.
The objective of each regional CATALI.5°T will be to trigger venture capital investments in start-ups and young businesses with the highest climate mitigation impact and business growth potential.
Each regional CATALI.5°T will provide support for: climate ventures; (pre-accelerators, accelerators and entrepreneur support organisations (ESOs); and Venture Capital (VC) firms and other venture investors.
Enviromental and Social Management Framework • Focus on the acceleration program
At the core of each regional CATALI.5°T will be an acceleration program. Each acceleration program will focus on providing support to 30 seed-stage climate ventures to rapidly scale-up their minimum viable products (MVPs) and ensure investability by VCs.
Specifically, the acceleration programmes will enable climate ventures to:
⇒ Further develop or validate their products or services (e.g. through market surveys, product testing or product enhancement);
⇒ Enhance the success of their products and services through market demonstration, development of growth strategies, partnership development, etc.;
⇒ Maximise the climate impact of their products and services through robust, internationally-recognised climate change mitigation assessment and, where relevant, assessment and strengthening of climate adaptation co-benefits. This support will take the form of technical assistance and financial assistance (in the form of a repayable grant to each climate venture of an average of EUR 100,000 to cover pre-agreed costs).
Less mature, pre-seed ventures – 60 in each region – will receive support to develop minimum viable climate products or services through two regional pre-acceleration programmes, encompassing technical assistance (capacity building, mentoring, networking, etc.) and financial assistance (in the form of a grant to each climate venture of EUR 15,000 to cover pre-agreed costs.
The objective of each regional CATALI.5°T will be to trigger venture capital investments in start-ups and young businesses with the highest climate mitigation impact and business growth potential.
Each regional CATALI.5°T will provide support for: climate ventures; (pre-accelerators, accelerators and entrepreneur support organisations (ESOs); and Venture Capital (VC) firms and other venture investors.
Expected Impacts
Accompanying this support to climate ventures will be:
⇒ Community-building and ideation activities for potential climate entrepreneurs, including a special focus on women and other under-represented groups in entrepreneurship;
⇒ Technical assistance for the broader venture ecosystem in both regions, to enable entrepreneur support organisations and venture investors to leverage their current strengths in building businesses in order to build and sustain climate businesses. With CATALI.5°T Initiative support, they will be enabled to assess and enhance ventures’ climate potential (emission reduction benefits and climate adaptation co-benefits), to steer ventures towards more disruptive and transformational climate solutions, to promote women’s participation in climate entrepreneurship, and to understand and apply emerging ESG frameworks in the VC industry.