Amazon Sustainability Accelerator: How to Apply to the Program Dedicated to Sustainability Startups

In its third edition, Amazon Sustainability Accelerator is aimed at Italian and European startups active in the climate-tech sector with an acceleration path that looks, in particular, at 4 areas: consumer products, circular economy, energy supply in buildings and packaging.

The accelerator, run in collaboration with EIT Climate-KIC, the European climate innovation agency, and innovation strategy consultants Founders Intelligence, aims to provide entrepreneurs with new skills and opportunities to grow their business with a positive impact on the environment.

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The goals of the Amazon Sustainability Accelerator

Startups participating in the Amazon Sustainability Accelerator this year will work with experts from Amazon’s sustainability, climate pledge fund, and climate pledge friendly teams, participate in workshops and mentorship sessions, and learn how to overcome the associated challenges to the start-up and expansion phase of a sustainable business.

Amazon and EIT Climate-KIC will work together with participants to complete a climate impact assessment, also linked to company activities, and develop strategies to weigh even less on the environment. Participants will also receive a grant and Amazon Web Services credits.

The new Amazon Sustainability Accelerator

This year, the ClimateTech Pilot Challenge will welcome startups that have passed the prototype testing phase and are working to generate their first revenues and grow their businesses. These businesses will participate in a shorter, more intense version of the accelerator, lasting four weeks, during which they will have the opportunity to work on a pilot project directly with Amazon’s business divisions.

Since launching in 2022, the Amazon Sustainability Accelerator has supported more than 25 startups across Europe, provided over $1 million in grants and credits, helped participating businesses increase sales by 700% and welcome over 18.7 million euros .

How to apply to the Amazon Sustainability Accelerator

The deadline for submitting applications for the first section, focusing on the circular economy, energy in buildings and packaging, is April 5th, 2024. Selected candidates will be announced in the spring. The deadline for the second section, focused on consumer products, is July 31st, 2024 and the selected candidates will be announced in the autumn.

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(Featured image by Christian Wiediger via Unsplash)

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First published in StartupItalia. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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