Future Hub Climate
the boost you need to kickstart your Climate Tech startup
Future Hub Climate
Pre-accelerator
Future Hub Climate connects early-stage Baltic Climate Tech startups with established enterprises to be your testing partners and help you to further validate your product's readiness for the market.
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The teams will undergo a 10-week-long individually tailored program before presenting their product testing results to investors at the Baltic Sustainability Awards 2023.
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You will also gain access to the traditional pre-accelerator mumbo jumbo, but that's not the focus here.
Who are we looking for?
Teams based in the Baltics
â–¬ i.e. Latvia, Estonia, and Lithuania
Super early-stage teams:
â–¬ still building their product
â–¬ with no major prior funding
â–¬ most likely pre-revenue
What to expect?
Mentoring & workshops
Custom-tailored mentoring and workshops based on every participant’s needs. We help you find the right people at the right time
Publicity & comms support
Communication activities focusing on the program participants. We help you get on A level on your pitch game to land Baltic and international audience
Match with corporation
Test your solution and gather real-world data to further tailor and develop your product. We help you land a PoC with industry leaders based on your needs
Prototype financing
Begin or continue to work on your prototype. We help you by providing up to 5k to finance the creation of your prototype
Investor access & meetings
Fully prepare your team, product and pitch for meetings with investors. We will help you meet with the most relevant investors during our Demo Day at the Baltic Sustainability Awards
Trust the innovation experts to guide you
This program is part of the Future Hub identity that has gathered large amounts of experience with similar projects. We have worked facilitated collaborations between startups and corporations for many years and have a great track record of successful project outcomes.
Timeline*
Validation
Understand the market needs and your value proposition
Strategy
Research competitors and create profitable business models
Development
Get expert help and up to EUR 5,000 to create a prototype
Deployment
Test your prototype with the collaborating enterprise and gather data
Demo and Investor Day
Showcase your progress, talk to investors and get feedback from potential clients
Program kick-off
September 25
Baltic Sustainability Awards
December 5
*We personalise the timeline for each participant. If you’re done with one - move on and spend time on what really matters
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What are the requirements to participate in the program?The main requirement is dedication. If selected, we expect you to be an active participant all through the program and to value our times just as we do yours.
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Does Future Hub Climate invest in the selected ideas?No, Future Hub Climate does not directly invest into the selected companies. However, the program will try to help you with financing (up to 5k) for a prototype and give you a chance to potential investors
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Will I have to give up any equity in my company?No. As we do not invest in the companies, we also do not expect or require you to give up any equity. You and your co-founders will remain 100% owners of the business.
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What does the selection process look like?All through the open call, the scouting team will evaluate all the applications for eligibility. The eligible applications will be evaluated by the lead mentors and experts in the field of Climate Tech to short-list the applications that are the best fit for the programme. The shortlisted individuals/teams will be invited to a short 15-minute call to talk over your expectations and needs and to see if the program can meet them. The top 6-8 teams will be selected for participation in the program. The applications will remain open until September 12 or the moment in time we've found 8 teams that we like.
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What can I expect from the program?The experience might be a little different for each team. You will start with setting your individual goals together with the lead mentor. Everything that happens next will be aimed at achieving your goals and helping to solve your individual challenges. On top of that, there will be a few milestones that you will have to achieve at various points in the programme.
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Where is the program taking place?The program is fully remote and will try to be as flexible as possible.
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What is the expected commitment? Do all team members have to attend all sessions?If selected, you are expected to actively participate in all the sessions, especially live workshops, i.e. at least one person from your team should be present. When it comes to individual sessions, these might be rescheduled after previously agreeing on them.
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Are there any geographical restrictions on who can apply?Yes, we are looking for teams located in the Baltic countries. It is fine if teams are Baltic-wide as most of the program will happen ONLINE
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Is the program free?Yes, the program is completely free but we expect high activity and participation in the program if selected.
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