Avaana Climate Fund and Start-Up India Unveil 'Grand Challenge for Climatetech ...

In an effort to fight climate change, India's government is putting its money where its mouth is.

Avaana Climate and Sustainability Fund, an early-stage venture capital firm specializing in climate-focused start-ups, has teamed up with Start-up India to launch the Grand Challenge for ClimateTech Innovation, a competition seeking solutions to seven key climate issues, the Times of India reports.

"In the era of a global shift towards sustainability and clean technologies, initiatives like the ClimateTech Innovation program provide an ideal platform for emerging entrepreneurs and start-ups to display their innovative solutions," says Aastha Grover, vice president of Start-up India.

The seven themes are Energy Transition and Mobility, Sustainable Food and Agriculture Systems, Industrial Decarbonization and Built Environment, Circular Economy, Climate Finance, Carbon Capture, Removal and Storage, and Climate Data and Reporting.

Contenders will have until the end of the year to submit applications, which will be evaluated by a jury that includes sustainability champion corporates like Nestle and Tata Power, as well as academic institutions and other key players.

The winners will also get access to mentorship from industry leaders.

The competition is open until the end of the year. Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Your Daily Phil: Marc Rowan on Campus Antisemitism, Post-Oct. 7 Philanthropy
Foundation: New York Community Trust

Parents in the San Francisco Bay Area who can't afford to send their children to Jewish preschool may be in for a rude surprise. A new study finds that between two-thirds and three-quarters of...more

The Link between Education and Philanthropy Is Critical to Fighting Climate Change

The crown prince of Abu Dhabi has donated $10 million to fight climate change, the New York Times reports. Sheikh Mohammed bin Rashid al-Maktoum made the donation to the Al Ghurair Foundation, a...more

The Us Bioeconomy Is Worth $950 Billion, and Growing, Thanks to These Federal Policies

The White House is ramping up its push into the bioeconomy, which it says is worth $950 billion and growing quickly. The White House's Office of Science & Technology Policy has created the...more

Bridging Finance and Social Good: The Rise of Impact Investing in Canada

One of the fastest-growing areas of investment is "social impact" funds, which invest in companies that have a positive social or environmental impact on the world. A new survey by the...more

Global Impact Investing Network On New Horizons For 2024

When it comes to their retirement funds, many workers and retirees are looking for ways to give back to the communities in which they live. Now, a new report from the Global Impact Investing...more

Open Society Foundations' Soros Economic Development Fund
Foundation: Open Society Foundations, Sea Change Foundation

One of the world's biggest philanthropists is putting his money where his mouth is. George Soros has committed $25 million to Allied Climate Partners, a public-private partnership that aims to...more

Impact Engine Cultivates $85M Fund for Sustainable Investing, Fostering Economic and ...
Foundation: Kellogg Foundation

A Chicago-based investment firm that aims to make a positive social and environmental impact has raised $85 million for a second fund, the Chicago Tribune reports. The Impact Engine Fund II...more

Invest in Networks for Exponential Climate Wins

Philanthropy is all about making the world a better place, and one way to do that is to invest in networks, writes Ann Coulter in the Washington Post. "Instead of billions of data points, we are...more

Impact Investing'S Leap Forward: Balancing Financial Returns with Societal Gains

There's a new way of looking at the world, and it doesn't involve looking at your wallet. Instead, there's impact investing, which aims to make money that has a "profound impact on society,"...more

Rest Backs Energy Transition in Latest Impact Investment

An Australian retirement savings fund has become the first in the world to invest in companies that have a "positive environmental impact"and it's doing so in a big way. Per the Guardian, the...more





Google’s latest investment is $103 million in a 265.7 megawatt (MW) solar project in Southern California.




Nonprofit Jobs

  Social Work Jobs
  Education Jobs
  Social Services Jobs
  Social Work Jobs
  Substance Abuse Jobs