Deadline: 10 January 2025
The Village Capital is currently accepting applications for its Sage Impact Entrepreneurship Europe Program to support 165 entrepreneurs across Southern Europe and the UK who are making a positive environmental, social, and economic impact in their communities.
The program will focus on fostering a community of visionary leaders who can drive systemic change through innovation and collaboration.
In partnership with Sage Foundation, each year, the program will support 12-13 early-stage and underrepresented startups based in Southern Europe and/or the UK through its Annual Core Cohort offering tailored mentoring, Sage’s product support, grants, and strategic training.
An additional 14-16 formation-stage startups will join the Community Cohort and have access to various resources, including a curated digital platform, asynchronous tools, and visibility through Village Capital’s website and social channels.
Benefits
- Benefits startups will receive:
- Core Cohort – Advice
- An invitation to participate in mock board meetings with representatives from relevant institutions, corporations, and investors that can help scale their solutions and startups.
- Core Cohort – Continued Learning
- Four interactive workshops tailored to help their startup identify early milestones and prepare them for the next round of capital (if relevant).
- Core Cohort – Financial Analysis
- Access to one-to-one coaching with an investment analyst focused on building a financial model, identifying unit economics, and using financial metrics to drive their business and investor diligence.
- Core Cohort – Mentorship
- Ability to meet with and receive mentorship from potential strategic partners, customers, and other founders, as well as mentors and founders within the climate and sustainability space.
- Core Cohort – Networking
- Ability to network and receive mentorship from prominent investors and business leaders.
- Core Cohort – Travel Stipend
- Startups will receive a stipend to cover travel-related expenses for one team member associated with the Program Summit in Atlanta, GA, US.
- Core Cohort – Sage Product
- Both Cohorts – Community Support
- Join a community of support and a suite of investment-readiness resources, including a curated digital platform, asynchronous tools, and visibility through Village Capital’s website and social channels.
- Both Cohorts – Exposure
- The Core and Community cohorts will benefit from exposure to Village Capital’s program website and other communications collateral.
- Both Cohorts – Support Post-Program
- All participating startups will receive two years of post-program support to enhance their impact and scale their solutions.
- Core Cohort – Advice
Funding Information
- Core Cohort – Funding
- The top two Core Cohort peer-selected startups will receive USD 50K in grant capital, and the next two highest-ranked startups will receive USD 25K each from Sage Foundation to further scale their solutions. The remaining Core Cohort startups will receive USD 10K in grant capital for milestone support.
Eligibility Criteria
- Eligible startups must have:
- Legal incorporation as a for-profit entity, including B Corp-certified companies.
- Be headquartered or have operations in Southern Europe or the UK.
- Market-based solutions that directly tackle the following verticals:
- Clean Energy Transition
- Biodiversity and Nature-Based Solutions
- Smart Mobility and Sustainable Infrastructure
- Sustainable Supply Chain and Manufacturing
- Circular Resource Solutions
- Climate-Resilient Health and Wellness
- Disaster-Resilient Housing and Community Planning
- Climate Finance and Insurance Innovation
- Environmental Justice and Social Equity
- Data Analytics and Climate Intelligence
- A minimum viable product (MVP) and have raised less than USD 1.5M in equity.
- At least one full-time founder based in Southern Europe or the UK.
- Meaningful customer or business validation (this can include revenue, successful pilot studies, user numbers, and/or strategic partnerships).
For more information, visit Village Capital.