EIT Climate-KIC (Knowledge & Innovation Community) is the European Union’s largest public-private climate initiative. Together with Munich Re and ERGO, EIT Climate-KIC has set the ambition to enable transformational start-ups to accelerate through radical collaboration and shared resources. In the newly launched Carbon Removal ClimAccelerator. EIT Climate-KIC joined forces with Delft University of Technology (TU Delft), the Sustainability in Business Lab at the Swiss Federal Institute of Technology (ETH Zurich), and Pannon Pro Innovations (PPIS).
The newly launched Accelerator continues the cooperation started in 2017 with the promotion of clean-tech start-ups. In addition to financial support and targeted coaching for the development of the business model, each start-up receives mentoring from Munich Re and ERGO employees.
The Carbon Removal ClimAccelerator programme supports start-ups focusing on technological and nature-based solutions such as afforestation, direct air capture, biochar, and bioenergy-based carbon capture and storage. Selected start-ups will receive training, grants, mentorship, and access to networks.
Technology for industrial CO2 capture with valuable by-products
Converting paper waste into carbon to improve bioprocesses
Direct CO2 removal from the air in the manufacturing industry
Solution for decarbonisation of building materials
Infrastructure for the expansion of regenerative agriculture
Their creative solutions are as different as the start-ups themselves. But there is one thing they all have in common: Their applications for support have been selected in the Side Call of Climate-KIC and Munich Re/ERGO.