Apply for CATAL1.5°T Acceleration Program

Areas of Interest 

• Entrepreneurs must have a product or service with mitigation power and positive climate impact. The solution must align with at least one of the eligible impact areas:
  • Energy access and generation
  • Low emission transport
  • Buildings, cities, industries and appliances
  • Forestry and land use resources

Benefits of the Program

• As soon as the selected entrepreneurs start accessing a program with duration of 4 months, which includes:
  • Grant without dilution from equity to €100 thousand euros
  • Stematic Mentors and Experts
  • Specialized content and workshops
  • Linkage and strategic alliances
  • Climate impact measurement

Eligibility Criteria 

• Have a legally and formally registered business with tax domicile and in compliance with the applicable regulations in one of the following countries: Argentina, Colombia, Costa Rica, El Salvador, Honduras, Mexico, Peru, or Dominican Republic.
• The venture must have financial management capacity.
• Have a bank account in the name of the venture in a financial institution in the country where the company is formally incorporated or in one of the 8 eligible countries and that can receive euros, American dollars or Mexican pesos.
• The venture must be recently created and have a minimum viable product (MVP) or a technological maturity level TRL 5 or higher and traction evidence in the market.
• The venture presents a project that requires initial financing of 100,000 euros to carry out a pilot phase, strengthen their capabilities, scale your operational and commercial capabilities, improve their investment readiness, strengthen their climate impact, or undertake other eligible uses of the grant.
• Clearly indicate the need for financing of the venture (answer how the financial resources received will be invested).
• Offer a product or service that serves the public (that is, that not only a company is benefited, but a larger part of the population, following the GIZ guidelines: environment, Jimma, public goods, social benefits, job creation, poverty reduction, etc.).
• The partners of the venture must have a legal residence permit and permission to work in one of the previously mentioned countries.
• The freed service producer must reduce, mitigate or avoid greenhouse gas (GE!) emissions in one or more of the GCF Results Areas of Interest (-climate mitigation impact’).
• The venture must meet the following criteria: less than 50 employees. less than the equivalent of $3 million in assets and have generated less than the equivalent of $3 million annually.
• Describe in a clear and qualitative manner the climate mitigation potential of the product or service.

For more information, visit Eugenio Garza Lagüera Entrepreneurship Institute.