SparkLabs Cultiv8 has launched its first Clean Technology program to invest in a wide range of technology and hardware thematics passionate about improving environmental sustainability throughout the agriculture and food value chain. The CleanTech Accelerator in Orange NSW has opened applications to select the next wave of innovative start-ups. The program will invest in natural capital, biodiversity, climate adaptability, AI, automation, robotics, and circularity technology. The CleanTech Accelerator is designed to help founders commercialize early-stage startups and connect them to a diverse network within the ecosystem to scale up rapidly. Qualifying start-ups will receive up to $100,000 of investment, a world-class network of mentors and industry advisors, bespoke masterclasses, training, workshops, tours, events, co-working office space, and introductions to top-tier venture capitalists, angel investors, and entrepreneurial executives.
SparkLabs Cultiv8’s CleanTech Accelerator program will provide 6-months of programming for selected companies, culminating in a regional Demo Day held in Orange, NSW. Selected companies will typically be pre-seed or seed stage, and have a working prototype or proof of concept. The program will leverage SparkLabs Cultiv8’s extensive network of scientists, investors, entrepreneurs, industry organizations, and producers to serve as mentors and subject matter experts to the selected companies. The program will also have support from major organizations, including SparkLabs Group, NSW Department of Primary Industries, Cultiv8 Funds Management, and some of Australia’s leading agricultural research and development corporations. The program aims to remove obstacles to commercialization and pave the way for startups to impact the food system while promoting environmental sustainability in the agriculture and food value chain.