Up to five projects will each receive an award package designed to help them bring their idea to life.
A $15,000 Grant
Award Recipients of the Generation Water Tech Challenge will each receive a $15,000 grant to put towards taking their freshwater solution to the next level. They will also be featured on the WWF-Canada Living Planet Technology Hub and other WWF-Canada channels.
A spot in Climate Ventures: Earth Tech
To help bring their solutions to life, Award Recipients will also receive a spot for 1-2 individuals from their team in the Earth Tech accelerator run by the Centre for Social Innovation’s (CSI) Climate Ventures, an incubator for climate entrepreneurs, innovators and leaders. Earth Tech runs from January to July 2020 and culminates in a Demo Night where participants will pitch to investors, funders and potential partners. If necessary, Award Recipients will also receive travel bursaries to attend the final Demo Night.
ABOUT CLIMATE VENTURES
The six-month accelerator places the emphasis on developing the technology’s readiness and the financial viability of the enterprise or non-profit initiative, with a focus on rapidly progressing through the Technology Readiness Levels and on customer/beneficiary and capital/funding acquisition.
Supports provided include:
- Entrepreneurs in Residence: Bi-weekly one-one time with Entrepreneurs in Residence (EIR), highly qualified and accomplished entrepreneurs that work with the ventures as coaches.
- Advisors: Office hours with dozens of expert advisors to help guide and connect the enterprises, including from corporate partners and WWF-Canada.
- Workspace: Workspace at CSI’s Climate Ventures incubator in downtown Toronto. If possible, CSI will leverage their network to find workspace in partner organizations for those Award Recipients outside of Toronto.
- Workshops: Just-in-time learning provided through workshops in such areas as sales, investment readiness, law, impact measurement, and others.
- Mastermind Groups: Peer groups facilitated by the EIRs for peer-peer support.
- Demo Night: Support preparing pitches and pitch decks culminating in Demo Night where enterprises will pitch to investors, funders and potential partners.
- Connections: Tapping into the CSI’s network of networks to connect to other programs, funding opportunities, pilot partners, and people. All enterprises will become members of the Centre for Social Innovation for instant connection to its 2,500+ members.
- Office Hours: Every participant will have office hours for further coaching and support with the Program Director and Manager throughout the accelerator.
- Impact Measurement: Training and coaching on impact measurement.
- Increased Profile: Elevating your profile through marketing, storytelling, media relations, and events.
Climate Ventures helps entrepreneurs and innovators turn their ideas into impact. Earth Tech is specifically designed to amplify the impact and accelerate the success of those working on freshwater and climate solutions.
While CSI is based in Toronto, this program is open to Award Recipients from all across the country. Coaching, mentorship, and workshops will be available via video conference as required.
Participation in the Climate Ventures: Earth Tech accelerator is required to be considered an Award Recipient of the Generation Water Tech Challenge. Where possible, some French services will be provided, however the ability to work in English is required.
Access to the WWF-Canada network
WWF-Canada is committed to helping the Award Recipients of the Generation Water Tech Challenge achieve impact with their technology. We know that often technologies need pilot or demonstration sites, and those can be difficult to find. Our Award Recipients won’t be alone! Where possible, WWF-Canada will leverage our networks to open doors for our Award Recipients and help and facilitate pilot and demonstration sites for their technologies.