Egyptian, Tunisian startups in climate-focused Mega Green Accelerator
TLDR
- Two Egyptian and one Tunisian startups chosen for Mega Green Accelerator in Saudi Arabia.
- Accelerator supported by PepsiCo, SABIC, AstroLabs focuses on climate innovation.
- Six-month program provides funding, mentorship, and market access for startups, with $30,000 prize for winner.
Two Egyptian startups and one Tunisian startup are among the eight MENA-based ventures selected for the Mega Green Accelerator in Saudi Arabia, which focuses on advancing innovative climate solutions. From Egypt are Viridia Tech and P-VITA while the Tunisian startup selected is Kumulus.
Launched by PepsiCo, SABIC, AstroLabs, and other partners, the accelerator aims to support innovators in developing and scaling sustainable solutions to address climate change.
The six-month program offers funding, mentorship from industry experts, and market access to help startups grow their solutions. In the end, one winning company will be awarded $30,000 to further its expansion efforts.
Key Takeaways
The Mega Green Accelerator, with solutions spanning agriculture, water, and energy sectors, presents a pivotal opportunity to expedite the development of practical climate technologies crucial for addressing challenges in the MENA region. Startups, acting as epicenters of innovation, have the potential to reshape, disrupt, and define the future. Through cross-sector collaboration, the accelerator incentivizes and nurtures the region's next generation of entrepreneurs by providing essential mentorship, funding, and market access.
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