Sting Accelerate Climate Action
For the first time ever, Sting is running a thematic accelerator program focusing on one of the greatest challenges our planet is facing – Climate Change.
In the brand-new Sting Accelerate Climate Action, we combine Sting’s award-winning accelerator program, the successful Startup Climate Action initiative, and our industry knowledge and network. Six carefully selected climate startups will get the best imaginable support to turn their vision into reality and increase their chances of success manifold.
In the program, we will be working with startups that are addressing SDG 13 Climate Action with ground-breaking technologies and scalable solutions within energy, carbon capture, circular economy, reduced waste, transport, food, AI and more. We are looking for companies who are combining business and climate action, and who are ready to rapidly scale-up their growth.
What others say about us
Sting helped us get pre-seed capital and connect us with investors. It was definitely an important period for us of intense and focused work that made us learn at a rapid pace.
It’s super important to have people who can vouch for you, especially in the early stages. Having the backing of Sting made it easier to attract both capital and new team members.
The coaches guide and help you find the way forward, they don’t tell you what to do. In the end, I’m the one who makes the decisions.
What you get
Sting offers the most extensive startup support ecosystem in the Nordics. If you become one of the chosen few you will get the best imaginable support to turn your vision into reality and manifold increase your chances of success.
In Sting Accelerate Climate Action you will get access to everything we offer in our award-winning Accelerate program, such as tailored business coaching, a potential Propel Capital investment of 500,000 SEK, recruitment and team development coaching, free office space at A house, Sting’s community and extensive partner network, and access to Europe’s broadest network of early-stage investors. We also offer pitch training, sales training, exclusive workshops and meet-ups, Investor-of-the-Weeks, events and much more.
On top of that, you will get a number of climate action specific activities and resources, including:
• Sector-specific business coaches
• Access to Sting’s vast network of sustaintech focused investors and invitation to a specific climate action investor meetup
• Tailored customer matchmaking through Ignite Sweden
• Impact assessment resources
• Grant application support
• A network of Climate Action mentors
• Peer-to-peer exchange with other Climate Action startup founders
• A large pool of talents mobilized in Startup Climate Action
Expect a high-paced program with 2-week sprints and a lot of opportunities for peer-to-peer exchange and learning. Your individual coach has entrepreneurial experience and a network from your field and will challenge you to aim higher and reach further. Together with our partners, we provide you with the right people and resources to grow your business. If you get in, you will have resources like a corporate and the knowledge of a serial entrepreneur at your fingertips.
Meet the Climate Action team
These are the coaches you’ll spend the most time with, but you will get strong support from the whole Sting team.
Karin, Henna and Magnus are part of the Startup Climate Action core team. Jonas now joins the Climate Action coaching team, adding expertise in deeptech and gamification.
Accelerating Climate Action
We know that innovation and technology combined with entrepreneurship have an incredible power to create rapidly scalable businesses that bring new solutions to some of the biggest challenges of our time.
Sting has extensive experience from coaching sustaintech and climate impact startups, many of which have become household names in Sweden and beyond. You’ll be in good company!
Length: 5 months, February to June 2021
Admission: 6 startups/batch
Cost: 2% option
Investment: Potential SEK 500 000 from Propel Capital, decided at intake.
Requirement: Launched MVP. Team with minimum 2 co-founders.
What challenges are we looking to solve?
Inspired by SDG 13, Sting and Norrsken launched Startup Climate Action in June 2020, where 13 heavy-weight Swedish Climate Champions presented 13 Climate Challenges that urgently need solutions.
Sting Accelerate Climate Action is the last phase of the Startup Climate Action initiative and we are looking for startups with rapidly scalable solutions to these 13 Climate Challenges:
1 – Clean & Green Transport
2 – AI for the Planet
Dr. Victor Galaz, Stockholm Resilience Center
3 – Sustainable Materials
Prof. Ulrica Edlund, KTH
4 – Energy Efficiency
Gunilla Elsässer, WWF
5 – Resource Efficiency & Circular Economy
6 – Recycling & Reduced Waste
Marie Fossum Strannegård, IVL
7 – Reduced Carbon Emissions
Markus Hökfelt, Almi Invest Greentech
8 – Energy Storage & Integrated Energy Systems
Prof. Viktoria Martin, KTH
9 – Carbon Capture & Storage
10 – The Human Ocean
Prof. Henrik Österblom, Stockholm Resilience Center
11 – Renewable & Clean Energy
Dr. Frauke Urban, KTH
12 – Green Buildings & Sustainable Cities
13 – The Future of Food
Dr. Line Gordon, Stockholm Resilience Center
Partners and Supporting Partners in Startup Climate Action are:
Read more on startupclimateaction.com.