16 climate adaptation startups from Asia and Africa selected for new accelerator “ASAP”.

WASHINGTON & NEW YORK–(BUSINESS WIRE)–Village Capital and The Lightsmith Group (“Lightsmith”) announced today that 16 startups have been selected to participate in a new environmental accelerator called “ASAP,” or the Adaptation SME Accelerator Project, which focuses on innovative endeavors to adapt to the Climate change concentrated in Asia and Africa. Selected from more than 300 applicants, the 16 startups have developed technologies in water, agriculture, risk analysis, supply chain, infrastructure and insurance that can support climate change adaptation and resilience.

During the ASAP Accelerator program, the 16 companies will work with industry experts, investors and ecosystem partners to develop the networks and tools they need to attract investment, grow their business and increase their impact on climate adaptation. More information can be found here.

“Through the ASAP Accelerator, we want to help these entrepreneurs scale their impact and connect to a global network working to develop solutions that address the impacts of climate change,” said Brian Parham, ASAP Program Director at Lightsmith .

ASAP is a grant-funded initiative led by The Lightsmith Group, in partnership with Village Capital and with the support of the Global Environment Facility’s Special Climate Change Fund. Additional support is provided by Conservation International and the Inter-American Development Bank.

The cohort consists of:

Asia

Absolute Water (India), Agtuall (India), Aumsat Technologies LLP (India), Crop2X Private Limited (Pakistan), EF Polymer Private Limited (India), Hiraya Water (Philippines), Komunidad Global Pte Ltd (Singapore, Philippines), Ship60 (Vietnam)

Africa

Agromyx (Ghana), Cadel Consulting Ltd (Burkina Faso), Congretype (South Africa), Freezelink (Ghana), Kitovu Technology (Nigeria), Rwanda Bio Solution (Rwanda), Worldtech Consult (Ghana), ZR3I (Egypt)

Contact Village Capital’s Ben Wrobel or Lightsmith’s Brian Parham for more information.

About the partners

Village Capital & The Lightsmith Group

Village Capital helps entrepreneurs take big ideas from vision to scale. To date, VC has supported more than 1,400 early-stage startups and invested in more than 110 program graduates. The Lightsmith Group is an investment company that invests in companies that address important societal needs. More information can be found at: www.lightsmithgp.com and for the ASAP project at: www.climateasap.org.

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