GoodCompany Ventures is moving forward with its accelerator program that has ties to Obama’s Climate Data Initiative: the application process is now live for Climate Ventures 2.0, which is now looking to fund 10 companies working on agricultural and water innovations.
— GoodCompany Ventures (@GoodCoGroup) January 19, 2017
Following Phase I of the project (which culminated with the publication of this report, developed in cooperation with Rockefeller 100 Resilient Cities and The Wharton School), GoodCompany Ventures is setting off on a search of 10 companies that match the needs expressed in the report. Think of deliciously wonky areas of tech like water quality monitoring, agriculture runoff and stormwater management.
The lineup of companies selected for the three-month program will receive a $25,000 grant, access to mentoring and office space in Benjamin’s Desk. The companies do not have to give equity to GoodCompany in exchange for participation. The grants are not the only funds available, either: accelerators companies will have access to an additional $75,000 in pilot funding for regional implementations, with opportunities for global replication within the Rockefeller 100 Resilient Cities Network.
Per managing director Catherine Griffin, companies in previous GoodCompany Ventures programs (remember FastFWD, the public-private accelerator focused on public safety, and GoodCompany’s past cohorts?) have received an average of $10 million as a result of the organization’s biz dev program, which selected companies will have access to as part of the accelerator’s offering.