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Dream Climate Tech Launchpad 2024

Award

$5,000

Apply by

April 30, 2024

About the Opportunity

Dream Climate Tech Launchpad 2024 is the second iteration of a climate-focused, milestone-based, and investment-readiness program in partnership with Dream.org, supported by Salesforce. This year's program will support Black and Latinx-led climate tech startups building solutions related to energy, the built environment, and electronic transportation and infrastructure. These solutions will help decarbonize the global economy and create a localized impact for communities of color historically excluded from the clean energy transition.

Eligibility:
Owned and operated by Black or Latinx Founders
Legal incorporation as a for-profit entity
Scalable solution tackling one of the mentioned areas, specifically impacting low-to-moderate income communities and communities of color in the US
Headquartered and with operations in the United States
Market-based solution that tackles the challenges mentioned
Have a minimum viable product (MVP), and raised less than USD 1.5M in equity
Have at least one full-time founder based in the US
Have meaningful customer or business validation (not limited to revenue, it can also be successful pilots, number of users, and/or strategic partnerships)

Program Benefits:
Catalytic Capital: Upon completion, each startup will receive USD 5K as a non-dilutive, equity-free grant from Dream.Org. Two companies will be selected by their peers to receive additional investment capital of USD 25K each from Dream.Org.
Mentorship: Opportunities to network and receive mentorship from investors, strategic partners, founders, and business leaders.
Training: The curriculum emphasizes fundraising, business development, and opportunities to build deeper connections within the cohort. It includes one intensive workshop, four monthly virtual check-ins, and one in-person Summit.
Financial Analysis: One-on-one coaching with an investment analyst focused on building a financial model, identifying unit economics, and using financial metrics.
Media Exposure: Exposure on Village Capital's website and other collateral communications.
Access to Abaca: Scale the business faster by identifying the right capital and planning the next milestones for growth.

Program Timeline:
Applications Open: March 27
Applications Close: April 30
Cohort Announced: June 10
Program Workshops: June-October
In-Person Program Summit: October 28-31, 2024

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