About The Program
The Climate Change Innovation Grant program by IIM Udaipur Incubation Centre in collaboration with Transworld Group under TIDE 2.0 scheme focuses on supporting early-stage climate tech ventures whose products or services are explicitly focused on reducing GHG emissions or addressing the impacts of global warming.
We want to provide you and your startup with state-of-the-art mentoring and online training, as well as access to financial support and networking opportunities. The bottom line is success, both for you and your start-up and for the environment with tangible climate solutions.
Supported Startup Under TIDE 2.0
Focus Areas
We are looking for solutions that are addressing the challenges in the following categories:
Clean Energy
Generating electricity and heat energy accounts for around one-third of global greenhouse gases emissions each year. Finding net zero sources of energy – which are also reliable and affordable – is vital to limiting the effects of climate change.
We look for clean energy innovations that advance grid resilience, democratize energy, and enable the electrification of transportation, industry, and infrastructure in a green manner.
Mobility and Transport
With the transportation sector accounting for 16% of global emissions, we need to reinvent how people and goods move across neighbourhoods and around the world. Entrepreneurs are building companies that revolutionize shared mobility, enable the mass adoption of electric vehicles and fleets, slash emissions from freight and aviation, and deliver new revenue streams to cities and towns.
We are interested in entrepreneurs who accelerate the transition to clean and equitable mobility systems.
Agriculture & Food Systems
The food systems that feed the world’s population account for 19-29% of global GHG emissions. But just as food production and consumption are key drivers of climate change, creating a regenerative food system can help us sequester carbon in soil and create healthier waterways, oceans, and ecosystems.
We seek innovations that make our agricultural systems more sustainable and increase access to law carbon food, tools, land, and resources for farmers and consumers.
Ports & Shipping
The shipping sector accounts for about 80% of the volume of global trade and is directly responsible for approximately 3% of global greenhouse (GHG) emissions. To limit global warming to below 1.5 degree Celsius, the shipping industry must be decarbonized by 2050.
We are interested in solutions that can help the shipping sector towards transition away from fossil fuels, improve supply chain and logistics efficiency, optimize ship designs and operations, provide alternative and low carbon energy fuel, etc.
Green Buildings & Cities
Buildings and construction are responsible for 39% of global greenhouse gas emissions. Operational emissions (generated from energy used to heat, cool and light buildings) account for nearly two-thirds of this, while the rest comes from embodied carbon emissions, or the ‘upfront’ carbon that is associated with materials and construction processes. To eliminate the carbon footprint of the built environment, both buildings and the materials they are made from must therefore be more efficient, smarter, and cheaper than those used today.
We seek technological innovations that can access and reduce the carbon footprint of buildings and occupants.
Circular Economy
Our mass production and mass disposal model is linear, meaning that waste is mainly lost and not reused. We need to abandon the linear, extractive model of how we use resources and adopt the circular economy model - Reuse, Upcycle, Recycle, Repair and the Reduction of Resources rather than their disposal.
We are looking for tech innovations that can help create a zero-waste society and lower the carbon footprints of cities locally and globally.
Program Offerings
INR 4 lakhs
Prototype validation and development grant to up to 2 Entrepreneurs-in-Residence
INR 7 lakhs
Product development and pilot run
to up to 2 startups
Brainstorm and validate your solution with our corporate partner Transworld Group
Tailored training and support as you work towards moving to the next stage of development and grow into a sustainable, profitable, and eco-conscious business
Learn and share in a community of like-minded founders in a collaborative environment
Incubation and co-working space at IIM Udaipur Incubation Centre
Opportunity to pitch for follow-on funding under other programs of the incubation centre
Who Should Apply?
We are looking for people who are motivated and passionate about fighting climate change. If you have an innovative idea, this is your chance to put it into fruition. If you’re an existing start-up and in need of financial aid and/or guidance on growing your business, this too is the programme for you!
If you are interested in the program, please click here to submit your application.
Further details on eligibility:
- Start-ups with a minimum of two members or two people focused on a new technology or service with high potential for both commercial viability and climate impact.
- Your solution can address any of the problem statements mentioned for this Climate Change Innovation grant.
- Core value proposition can be based on digital as well as non-digital solutions.
- Your solution is at either of these stages: proof of concept/prototype development/a tested prototype/MVP created, and a roadmap designed.
- Your ultimate solution once developed has the potential to be quickly commercialized and scaled.
- Preference would be given to innovative ideas for which patent has already been filed or can be filed in the future.
Timeline
Call for Application
Last Date for Application
25 Feb 2022
Application Evaluation
Start-up Idea Presentation
Announcement of Selected Start-up Ideas
Start-up Incubation and Onboarding
Program Partners
Contact Us
If you have any query please drop us an email at incubation@iimu.ac.in, we would be happy to assist you.