Thank you to everyone who submitted an application for The GSMA Innovation Fund for Climate Resilience and Adaptation. Applications for this round are now closed and the final start-ups being awarded funding have been announced.
Introducing the cohort
We are pleased to announce the 11 new start-ups selected under The GSMA Innovation Fund for Climate Resilience and Adaptation. Congratulations to: Aquarech in Kenya, Bakhabar Kissan in Pakistan, BENAA in Egypt, CoAmana, Crop2Cash and Hello Tractor in Nigeria, GeoKrishi in Nepal, J-Palm in Liberia, Komunidad in Philippines, Lersha in Ethiopia, and Simusolar in Tanzania. Read The GSMA announcement below:
Application highlights and trends
524 applications from 70 countries! We analysed the trends of local innovation in climate resilience and adaptation in low- and middle-income countries. Read the application highlights in our blog.
About The GSMA Innovation Fund for Climate Resilience and Adaptation
On November 9, during the Science and Innovation day at COP26, the GSMA announced the launch of the GSMA Innovation Fund for Climate Resilience and Adaptation. This Fund will help accelerate the testing, adoption and scalability of digital innovations that enable the world’s most vulnerable populations to adapt, anticipate and absorb the negative impacts of climate change.
The GSMA invited applications from for start-ups, small and medium enterprises (SMEs) and social enterprises in Africa, Asia-Pacific, the Caribbean, Latin America and Eastern Europe that leverage digital technology, particularly mobile, to deliver climate resilience and adaptation solutions to and with low-income and vulnerable populations.*
Successful projects will receive an equity-free grant of between £100,000 and £250,000 to scale their innovation over a 15 to 18 month period.
The GSMA is a member of the Adaptation Research Alliance (ARA) – a global collaborative effort to increase investment and capacity for action-orientated research to support effective adaptation to climate change. Throughout the work of the Innovation Fund, we support ARA’s best practice to find innovative and participative ways for incorporating the voice and views of local communities (such as through leveraging digital technology) as it empowers them to participate as equal partners in adaptation processes.
Further details about the GSMA Innovation Fund for Climate Resilience and Adaptation, canbe found in the links below.
If you have any further questions, please email GSMAIF@gsma.com.