Global climate tech accelerator and regranter Subak today launches applications for its 2023 cohort and calls on not-for-profit startups with data-led climate missions to apply.
Subak’s two global nodes will support 14 early-stage startups in 2023 through an intensive three-month accelerator. The selected organisations will each receive unrestricted grant funding and will be guided through a bespoke curriculum tailored to their needs across tech, data, impact policy and business fundamentals.
Subak’s London team will support eight startups from the UK and Europe who will each receive £10k in unrestricted grant funding. Subak’s Melbourne team will support a further six startups from Asia Pacific, including AUS$15k of unrestricted grant funding.
The intensive three-month programme is designed to fast-track startups to secure further funding, scale-up their activities and impact, and deliver their climate missions through policy and behaviour change. The programme will be followed by a further six months of community-building, where organisations will receive ongoing support from their mentors and collaborate with other members in Subak’s network.
Subak’s members are supported by some of the best minds in tech, environment and science, including Amali de Alwis MBE (former MD of Microsoft for Startups UK and CEO of Code First: Girls), Michelle You (co-founder of Songkick), Gi Fernando MBE, and Dr Jack Kelly (former Google DeepMind ML engineer).
Co-founded by Baroness Bryony Worthington (lead author of the UK’s 2008 Climate Change Act), Subak is the first global not-for-profit accelerator and regranter for data-led climate startups. Its unique model offers a vital funding route to those not suited to equity funding, empowering climate startups to scale their critical missions without pressure to deliver profit.
Applications for the 2023 cohort are now open here and will close on 17 March. The programme is scheduled to begin on 15 May.
Subak has already successfully guided 15 organisations through the accelerator who have collectively raised £13m+ in follow-on funding and achieved significant consumer and policy impact.
Speaking about the scheme, Amali de Alwis MBE, CEO of Subak, said: “The need for rapid, data-led climate innovation has never been more critical. We call on climate startups who share our sense of urgency to apply for Subak’s 2023 cohort.
“Subak is on a mission to create a cascade of global impact by funding and scaling the very best climate interventions that are primed for impact rather than profit.
“Our emphasis on community means Subak’s members are by definition not competitors – they’re collaborators. By working together, we’re unlocking the potential of global organisations and scaling their impact to truly make a difference.”