Sustainable Development

Google is encouraging startups to work on creating sustainable products

The tech giant is looking for 8-10 startups to take part in a six-month accelerator program in early 2020. Image: Photo by Andreas Brücker on Unsplash

Julie Bort
Editor, Business Insider
Share:
Our Impact
What's the World Economic Forum doing to accelerate action on Sustainable Development?
The Big Picture
Explore and monitor how Sustainable Development is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Sustainable Development

  • Google is looking for 'social impact' startups for a new accelerator program.
  • The first cohort will be selected from Europe, the Middle East, and Africa for a six-month program beginning in early 2020 and a second cohort will start later in 2020 as well.
  • Google isn't promising to invest in these startups but it is promising to introduce them to investors.
  • Cleantech has been a notoriously tough area to find venture funding in the past few years.

Google's Sustainability Officer Kate Brandt has announced a new startup program to help and encourage startups working on sustainability products.

Startups hoping to create commercial businesses in the sustainability world face special problems, Brandt told the crowd in Lisbon attending the Web Summit tech conference, where the announcement was made. These startups struggle with everything from a lack of investors to difficulties finding other startups with similar goals.

So Google is looking for 8-10 startups from Europe, the Middle East, and Africa to take part in a six-month accelerator program in early 2020. Applications for the first cohort will open soon and Google plans to organize a second cohort later in the year.

Have you read?

Google will judge the startups based on the UN's Sustainable Development Goals including poverty, inequality, climate, environmental degradation, prosperity, and peace and justice, Brandt says.

The company is not promising a direct investment in graduates of this program but it is promising that it will introduce graduates to investors. Cleantech investing is notoriously hot and cold and has been notoriously cold through 2019. Google also promises to give the startups access to Google's engineering resources, and to help with the practical business aspects, like figuring out a money-making business model.

Brandt says that Google has a long history with sustainability initiatives and launching its own products, ranging from Project Sunroof, which uses Google Earth to tell you if your home's roof is good for solar panels, to Google Environmental Insights Explorer, which helps cities measure emissions.

Image: Project Sunroof

This isn't Google's first accelerator program. As the company has expanded into everything from venture capital funds to cloud computing, the company now courts startups in many ways, from marketing cloud services to them, to a slate of other accelerator and mentoring programs.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Sustainable DevelopmentEmerging Technologies
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

Reducing Embodied Carbon in Cities: Nine Solutions for Greener Buildings and Communities

Johnny Wood

April 15, 2024

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum