Katapult Climate

Deadline: As soon as possible

Competitions

Trainings & Fellowships Business Plan Tech & IT

Location(s)

  • Norway
  • Online
During our previous program companies have been asked to temporarily move to Norway for the duration of the program. However, the world looks different today, and due to the global pandemic we have decided to shift our program to a digital, online solution. You will, therefore, not have to relocate to Norway for the duration of the program.

Overview

We invest in and accelerate tech startups with a positive impact on the climate. We have now opened applications for The Climate Accelerator Program, powered by Lundin Foundation.

Details

Our belief

51 billion tonnes of yearly greenhouse gas emissions stand between humanity and a climate disaster. According to Bill Gates in his book, How to Avoid a Climate Disaster, we have just 30 years to reduce that number to zero.

Together with Bill, 97% of all climate scientists, and the 191 countries that signed the Paris agreement, we are on a mission to help avoid climate disaster. To do so, we believe technological transformation and innovation will be crucial, and that entrepreneurs will drive this change. That is why we allocate capital, invest in and accelerate startups solving challenges related to climate change.

We have now opened applications for The Climate Accelerator Program, powered by Lundin Foundation. The Climate Accelerator is built on the successfully proven model of Katapult, and is the first program focusing solely on startups that are fighting climate change.

The accelerator program

Katapult invests in and accelerates early-stage companies primarily through a 3-month accelerator program. To deliver the award winning program, we connect selected startups with mentors and experts across the globe together with leading industry partners. Through tailored content we help the companies scale fast, and both the investment- and accelerator models have been proven and strengthened through 10 Katapult programs over the last 4 years. The Climate Accelerator Program is powered by Lundin Foundation.

About the 2021 accelerator program

The Climate Accelerator Program in partnership with Lundin Foundation is targeting the most groundbreaking tech startups building solutions to fight climate change.

To overcome the biggest challenges out there and to reverse a climate disaster, we have to work together across industries and geographies and across private, public and non-governmental organisations. The Climate Accelerator Program is launched in partnership with Lundin Foundation in light of SDG number 17: ‘partnerships for the goals’.

The startups that are selected for the climate accelerator program will leverage Katapult’s extensive experience from running 10 accelerator programs over the last 4 years, in addition to the Katapult network of mentors, partners, impact investors and others. The startups will also be able to tap into Lundin Foundation's vast network of industry corporations and benefit from their 10 years experience of being a seasoned impact investor.

How the program works

The program will run for about 90 days and include hands-on workshops, expert learning sessions, and 1-1 mentoring. A typical week will include on average 2-4 sessions, which will vary in length and intensity. Our main focus is for you to build a successful business, and we are careful to make sure each session provides you with useful tools you can apply to your business right away.

"90 days is a short amount of time, but still a crucial number of days in a startup's growth journey. We want to make sure you get the most out of it. With a grounded belief that startups are most effective when they work on their actual businesses, our job is to provide you with the right tools and resources to build better businesses, faster." - CEO, Nina Heir

The key topics for the program are the following: 

  • Impact strategy and measurement 
  • Investor readiness, including networking and presentation skills
  • Sales, marketing and growth
  • Technology and product development 
  • Organizational development: leadership, team and people

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

What are we looking for? 

We invest in early-stage start-ups with scalable solutions to combat climate change and accelerate solutions for a zero carbon and lower carbon future.‍

  • Renewable energy - production, distribution, storage, and use of zero and low carbon energy. I.e batteries and energy storage, wind, solar, hydrogen, thermal, smart grid, and energy infrastructure.
  • ‍Smart cities, industry and clean mobility - reduction of CO2 emissions in industry, buildings and construction (energy efficiency and analytics, sensors, management, and monitoring), EV solutions and infrastructure, electricity usage, supply chain optimization, and transportation.
  • ‍Carbon Capture - carbon sequestration, optimization, infrastructure, and storage.
  • ‍New Frontiers - enabling technologies, exploration, dashboards, and data analysis solutions. 

‍In addition to the main domains we are also looking into solutions that have an impact on i.e CO2 reduction and electrification on production of food.

Our company is not incorporated in Norway/Europe. Is that an issue?

Not at all. We run a globally focused program and have no issues with companies incorporated outside Europe. Having said that, we have seen that companies incorporated in either the US/Europe tend to have better post-program investment opportunities. We can talk more about this if you are selected for an interview.

Do we have to scale our product/service to Norway if we are selected?

No, you do not have to set up operations in or expand into Norway. We actively recommend testing out the Norwegian/Nordic markets if it´s relevant for your business but it´s not a requirement.

Does my company have to be Norwegian to apply?

No. No matter where you call home, we'd love to receive an application from you! We source and receive applications globally. Our pipelines regularly exceed 1800 companies from more than 90 countries and our current portfolio comprises of 46 companies from 25 countries.


Dates

Deadline: As soon as possible


Cost/funding for participants

Why apply to our accelerator program? 

We want to help increase the chances of your success, while simultaneously reducing your time and money spent on costly mistakes. We are not promising a solution to all your problems, but we have over the past four years developed an award winning accelerator program, tailored specifically to the needs of scaling early-stage impact startups fast. Selected companies will be offered the following:

  • Investment: Investment from our fund with ticket sizes ranging from $150 000 to $400 000 for equity, with potential for follow-on investment post program.
  • Tailored support: 12 week fully digital program covering crucial areas related to the successful scaling of your company, such as investor readiness, sales and marketing, impact measurement, market positioning and tailored support to scale your business
  • Global Network: Access to global network of incentivised partners, mentors and impact investors. Through the accelerator programs and alumni programs, all companies will be introduced to relevant people in the Katapult network.
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