The GreenTech Accelerator 2024
The GreenTech Accelerator is a 6-month regional and global programme, organised by UOB FinLab, to grow and transform innovative greentech solutions to meet the economic and environmental needs of businesses and to forge a sustainable future for all.
Timeline
Why Join the Global GreenTech Accelerator?
Leverage our network of SMEs and corporates with actual challenge statements to co-create solutions
Work closely with SMEs and corporates to partner and pilot solutions
Up to SGD100,000 available for relevant, deployable and cutting edge solutions
Mentorships, masterclasses and networking with successful business leaders and industry experts across ASEAN
Total value of more than SGD50,000 per selected greentech
Who Are We Looking For?
Greentechs in the area of:
Energy Efficiency
Examples:
- Energy Monitoring Systems / IoTs
- EVs and Charging Infrastructure
- Solar and Energy Storage / Deployment
- Renewable Energy Certificates (RECs)
Zero-Waste and Supply Chain
Types of Waste Include: Electronic, Food, Plastic, Water
- Waste Collection and Upcycling
- Waste Processing and Recycling
- Resource Management and Efficiency
Carbon Management and Reporting
Examples:
- Monitoring, Analysis and Performance Optimisation of Carbon Emissions
- Carbon Capture, Carbon Credits
- Calculation, Monitoring and Reporting of Scope 1, 2 and 3 emissions
Food and Agriculture
Examples:
- Sustainable Farming and Data-Led Innovation
- Food security and Value Chain Efficiency
Urban Planning
Examples:
- Smart Cities
- Urban Mobility Planning
- Green Buildings and Infrastructure
- Certifications and Audits
- Environmental Quality Monitoring
- Solutions with Tech Readiness Level (TRL) 6 and above
- Preferably with commercial customers and/or partners
- Funding stage of Pre-Series A and above
- Intention to expand, do business or serve Asian markets
Programme Structure
ESG & Business Masterclasses
Designed with expertise from the bank and the industry, the masterclasses will cover topics like management, sustainability, commercialisation, and international market expansion
Partnerships & Mentorships
Partnerships and mentorships are key pillars, tapping into our 23,000 network comprising of governments, corporates, SMEs, and tech providers for 1-1 meetings to expedite the development of innovative greentech solutions
Pilots & Test-Bedding
Working closely with our demand drivers of corporates and SMEs to pilot and test-bed solutions to tackle actual sustainability-related challenges for businesses
Testimonials from past participants
“We received immense potential from the GreenTech Accelerator programme. We managed to meet industry leaders, bounce ideas off other players in the space and secured new clients. Being in front of such a curated network opened REDEX up to many business touchpoints where we could collaborate and work with new partners. At the same time, we were able to contribute back to the space by sharing our key learnings with other industry players and our approach to long term sustainability
Alex Loh
Business Development Director
Redex
Testimonials from past participants
“Our experience in the inaugural GreenTech Accelerator was fantastic. Through the programme, we connected with more than 15 industry experts and we managed to embark on a pilot project together with UOB to support Thai shrimp farmers in digitalising their processes. We’re excited to leverage our IoT Smart Farming Solution to analyse production-related data and tailor energy saving solutions for businesses, establishing a more sustainable and efficient farming ecosystem in Thailand and ultimately Asia in the long run.”
Fabian Reusch
Managing Director
HydroNeo
Testimonials from past participants
“Resync is very appreciative of the support that UOB Finlab GreenTech Accelerator has provided to us. Throughout the program, we had good exposure to SMEs as well as UOB’s own portfolio for exploring opportunities to deploy our Smart Building solution at scale. It is definitely beneficial that Resync has gained visibility, knowledge and credibility by being recognized as a graduate Greentech from this program, and we look forward to following through on all commercial opportunities that have been uncovered as a result of this.”
Mark Dinesh
Business Development & Sales Manager
Resync
Testimonials from past participants
“Krosslinker greatly benefitted from masterclasses and mentorship on various aspects of entrepreneurship starting with go-to-market strategy, business model, expansion, hiring and retaining talent, challenges in fundraising for deep-tech startups.
We also had the opportunity to be matched with corporate partners to pilot our solutions. This is critical for any startup as customer development consumes lot of time and resources.
Above all, the program is equity free and no fee is charged :)”
Gayathri Natarajan
Co-Founder and CEO
KrossLinker
Challenge Statements from 2022
Zero-Waste
Supply Chain
“We are looking for a reusable packaging solution to reduce landfill waste”
Energy
Efficiency
“We are constantly looking for innovative ways to recycle and upcycle bully and hard to dispose items to conserve the environment”
Carbon Management & Reporting
“We are looking for solutions to reduce space as well as the energy consumption for our warehouse premises”
Key dates
| 5 May 2022 | Applications Open |
| 12 July 2022 | Applications Close |
| 29 July 2022 | Announcement of Selected Greentechs |
| August – November 2022 | The Greentech Accelerator Programme |
The Greentechs from 2022
Frequently Asked Questions
The GreenTech Accelerator is a 6-month regional and global programme, organised by UOB FinLab, to grow and transform innovative greentech solutions to meet the economic and environmental needs of businesses and to forge a sustainable future for all.
We are looking for global solutions that are scalable, with a Technology Readiness Level of 6 and above, and focusing on any of the following themes: (1) Energy Efficiency; (2) Zero-Waste Supply Chain; (3) Carbon Management and Reporting; (4) Agriculture and Aquaculture.
The programme will focus on working together with SMEs and corporates to pilot and commercially deploy solutions, access world-class mentors and experts, learning and development to grow your business.
The programme is equity-free and there is no payment needed to join the programme.
You need not be in Fintech to apply for The GreenTech Accelerator.
We encourage all selected companies to commit at least one C-level representative or a key decision maker to attend the entire 6-months programme to get the maximum benefit from the programme.
