THRIVE Global Impact Challenge

Focus Areas

• Soil health & Biodiversity
  • Every year, billions of tons of soil erode, exacerbating biodiversity loss. Prioritizing soil vitality is critical to ensure long-term food security, bolster biodiversity, and mitigate climate change impacts. This includes solutions for regenerative agriculture, bio-based pest control, novel crop nutrition, diversified ecosystems, and transition finance initiatives.
• Food Security & Waste Reduction
  • The emphasis on food security addresses the critical challenge of sustainably feeding a growing global population, given the significant amount of food wasted annually. They seek solutions to optimize resource use, promote climate-resilient agriculture, automate and digitalize on-farm operations, improve supply chain efficiency, and reduce waste.
• Reducing and offsetting GHG emissions
  • Rising carbon emissions are accelerating climate change, posing a significant threat to global sustainability. The goal is to drive a shift towards a low-carbon economy by focusing on renewable energy, energy efficiency, carbon capture technologies, and sustainable transportation.
• Nutrition & Health
  • Improving nutrition and health is key to a sustainable food system. This encompasses a range of solutions including precision nutrition, cultivated food ingredients, rapid testing for quality and safety, and sustainable alternative proteins for both food and feed applications.
• Cleantech: Water and Energy
  • In the face of escalating global water scarcity, leveraging CleanTech in the realms of energy and water becomes crucial. The newest global impact focus includes technologies that enable smart irrigation, enhanced water measurement, eco-friendly inputs, bioenergy, energy management, and land use optimization.

Winning Company

• Finalists from each theme will advance to the finals and pitch at the THRIVE Global Impact Summit where the overall winner will be announced.
• The Winning company receives the THRIVE Global Impact Challenge Award in addition to the following:
  • A place on THRIVE’s award-winning Global Accelerator Program
  • Investment from SVG Ventures up to $1 Million USD
  • Opportunity to pitch live at THRIVE Global Impact Summit in Silicon Valley
  • Two Complimentary tickets to attend THRIVE Global Impact Summit & pre-summit networking reception

THRIVE Global Impact Summit

• Experience the pinnacle event of the Global Impact Challenge at the 2024 THRIVE Global Impact Summit. Join them on November 7th as the challenge finalists pitch their groundbreaking solutions to investors, government officials, and industry leaders.
• Immerse yourself in inspiring talks, engaging panels, and networking opportunities with like-minded individuals. Save the date and be a part of this incredible summit shaping the future of innovation.

Selection Criteria

These selection criteria will help them identify and support startups and entrepreneurs who are actively working towards creating sustainable and impactful solutions aligned with the mission and vision.

• Seed to Series A:
  • Applicants should be early-stage startups or entrepreneurs at the seed to Series A stage. They welcome innovative ideas and solutions that have the potential for growth and scalability.
• Global Applicants:
  • They invite applications from around the world. Entrepreneurs and startups from any country or region are encouraged to apply, as they value diverse perspectives and global collaboration.
• Adhesion to Focus Areas:
  • Applicants should demonstrate a clear alignment with one or more of the above focus areas. Solutions should address the specific challenges within these areas and offer innovative approaches for positive impact.
• Proven Climate & Environmental Impact (Preferred):
  • While not mandatory, they highly value applicants who can demonstrate a proven impact on climate and the environment. This includes showcasing tangible outcomes, data-driven results, or successful implementation of solutions that have positively influenced sustainability, carbon reduction, biodiversity, or other environmental aspects.

For more information, visit SVG Ventures.