Washington, DC (26 January, 2023) — Visa Foundation and Village Capital have announced the close of the second cohort of the Greentech Europe 2022 program, the organisation’s first ever program featuring all women-led ventures. 14 startups creating sustainable economic, environmental and social solutions across Europe will receive funding totalling $150,000.
The program supported two all-female founder cohorts who benefited from a wide range of services including training, networking opportunities and access to industry experts, mentors, and investors to scale their impact.
“A growing body of work reveals that women are disproportionately affected by climate and environmental issues, and as such, they play a key role in responding to them,” shared Ben Younkman, Village Capital’s Regional Director for Europe. “This program is a testament to our commitment to rethinking how we approach the challenges of creating a more sustainable and inclusive system, in which ideas and models for our sustainable futures are developed and supported more effectively through improved gender equality. We’re proud to have supported a stellar second cohort of the Greentech Europe 2022 program, which features women-led ventures from across Europe.”
“Visa Foundation is working to develop sustainable solutions for women entrepreneurs to build their enterprises and establish financial safety nets while also advancing leadership skills and financial capabilities” shared Graham Macmillan, Visa Foundation’s President. “We are thrilled to have supported the Greentech Europe 2022 program, providing a cohort of women entrepreneurs with a wide-range of resources to enable their business to thrive and prosper.”
The 14 companies who will receive funding are as below. The grant money was distributed through Village Capital’s pioneering peer selection process, whereby cohorts perform peer due diligence throughout the acceleration program and then rank each other on investability, with the top ranked companies receiving the most grant funding. Ranking order and grant amounts are as below.
Startups that received USD $30,000 are:
Startups that received USD $15,000 are:
Startups that received USD $5,000 are:
For more information, reach out to Eva Waweru at Village Capital (email@example.com).
About Village Capital
Village Capital is reinventing the system to back the entrepreneurs of the future. Known for its groundbreaking approaches to supporting founders who are building solutions to emergent social, economic, and environmental challenges, VilCap unlocks critical social and financial capital for early-stage companies to maximize business and impact growth.
Village Capital has operated in Europe since 2016 by running over 12 accelerator programs for European entrepreneurs from more than 25 countries in the region. VilCap has supported more than 160 startups from all over Europe, working in sectors such as climate change, data privacy, financial health, and refugee-tech. Learn more at www.vilcap.com and follow @villagecapital.
About Visa Foundation
Visa Foundation seeks to support inclusive economies where individuals, businesses, and communities can thrive. Through grant making and investing, Visa Foundation prioritizes the growth of gender diverse and inclusive small and micro businesses. The Foundation also supports broader community needs and disaster response in times of crisis. Visa Foundation is registered in the U.S. as a 501(c)3 entity.