Sustainable startups that tackle the world’s most pressing sustainability issues have a new chance at receiving funding with the launch of an accelerator programme. The world’s largest brewing company, AB InBev has launched the program called ‘100+ Accelerator’ which will give start-ups the chance to receive a $100,000 investment to further the businesses progress.
The first round of investing, which begins in October, will see AB InBev select ten companies whom they believe are answering global sustainability issues. The company will focus on industries such as greener logistics, packaging, smart agriculture, efficient technology, renewable energy and responsible sourcing practices.
The startups selected will receive not only a $100,000 investment but also mentoring, access to new networks and the opportunity to pitch for a second round of funding and potential new investors.