About the Climate Tech Facility
On 22 September 2023, Mercy Corps Ventures' Climate Lab launched its Climate Tech Facility to obtain innovative climate pilot partners.
The aim of the Climate Tech Facility is to deploy innovative technologies for climate resilience in emerging markets through a series of pilots. By partnering with impactful, early-stage ventures working on climate technology, Mercy Corps Ventures aims to build an evidence base to improve the scalability of innovative technological solutions to combat the climate crisis.
The Climate Tech Facility is a grant facility managed by MCV's Climate Venture Lab, which will run several calls for proposals per year with different focus areas under the Resilient Future Thesis. The Climate Tech Facility will provide equity-free grants of up to US$ 100.00 to eligible partners. In addition to capital, the MCV Climate Venture Lab will also provide mentoring, impact measurement consultancy, access to partnership opportunities, knowledge exchange and brand exposure.
The aim of the Facility is to test and generate insights from up to ten innovative climate technologies in selected geographies in order to improve resilience for low-income populations. From this, the Facility will generate important evidence and insights to support the scaling of these solutions to more users and/or apply them in other applicable contexts. The Facility aims to:
- Identify innovative technological solutions localised for emerging markets
- Develop robust impact evidence and pathways to scalability
- Share insights openly to reduce the risk of new capital and attract new financiers
Notice 2023
This call for proposals focuses on climate technology. Specifically, successful proposals must clearly articulate:
- The technological solution itself and its impact on underprivileged populations in emerging markets
- The viability/sustainability of the model: proving the business case with a clear value proposition, positive unit economics and the path to scale through a financially sound business model
Application process
- We anticipate that this form will take between 2 and 4 hours to complete
- This form must be completed in English
- We analyse applications on an ongoing basis, so the sooner you apply, the sooner you'll hear back from us
- We recommend that you prepare your answers in a separate document to ensure that you don't miss any longer answers
- Please check your spam box regularly, as our messages about the status of your application may end up there. After submitting your application, you will automatically receive a copy of your application to the e-mail address below
- The deadline for submissions is 23:59 UTC (UK time) on 15 November 2023. Late submissions will not be accepted.
Deadline: 15 November 2023.
Click HERE to sign up
