2021 Pacific Greenpreneurs Incubator Program (USD$5,000 in seed funding)
Passionate about an environmental and/or social issue? Have a business enterprise or idea that contributes to addressing an existing environmental and/or social problem? Interested in taking the next step to grow your business, AND your environmental and social impact? If yes, then apply for this 2021 Pacific Greenpreneurs Incubator Program.
The Global Green Growth Institute (GGGI) launched the Pacific Green Entrepreneurs Network (PGEN), a multi-year, multi-million dollar program funded by the Qatar Fund for Development (QFFD) to support entrepreneurs in Fiji, Kiribati, Papua New Guinea, Samoa, Tonga and Vanuatu.
At the Global Green Growth Institute, they believe that green entrepreneurs are uniquely positioned as drivers of innovation, holding the keys to unlocking a transition to a green and sustainable future for the planet. The program aims to catalyse your business to showcase Pacific solutions to Pacific problems on a national, regional and global scale.
What can Pacific Greenpreneurs expect?
The Pacific Greenpreneurs Incubator program is a free, carefully curated training and mentoring program designed to support green entrepreneurs to build robust and sustainable business models, and the skills, tools, and confidence to implement them for success. The program will culminate in a business pitch competition that will provide seed funds to winning enterprises.
Orientation – As Pacific Greenpreneurs, you will begin your journey with an intensive two-day in person kick-off workshop (COVID-19 restrictions permitting) to focus on your business and meet like-minded green entrepreneurs and mentors from your country and the region to focus on your business model.
3-month virtual training – Orientation will be followed by weekly online training built around the lean start-up canvas through participatory webinars and online assignments – each module dedicated to one step of building out your business model.
Mentorship Program – Based on business needs and preferences, each Greenpreneur will be assigned a mentor who will act as a ‘sounding board’ and support to guide them through the process of building out their business models.
Networking – During and beyond the program, Pacific Greenpreneurs will have on-going opportunities to engage with like-minded entrepreneurs and supporters of green enterprises in the Pacific region and beyond, providing opportunities for professional development, brand-building and awareness, and more.
Pitch Competition – The final pitch competition involves participants putting together their business plans and pitches. This includes three main components:
The Lean Canvas: This contains all core information about the business model on a single sheet.
A video pitch and slide deck: This is how the teams communicate their vision, unique value, and feasibility in a compelling way.
Financial and impact forecasts, including a Theory of Change: This allows participants to provide more detailed information about the sustainability of their model and the impact they want to make.
If you are interested in developing and unleashing the potential of your green business or idea and securing a chance to win up to USD$5,000 in seed funding, then keep reading to learn how you can join the Pacific Greenpreneurs Incubator Program!
A 2-day in person kick-off workshop (COVID-19 restrictions permitting) in early October 2021
6-8 hours a week to participate in the following:
A minimum of 3 x 1.5-hour mentoring sessions held between October 2021 and January 2022
Global Green Growth Institute is looking for
You are part of a team or an individual entrepreneur with a green business idea or leading an earlystage green enterprise.
They strongly encourage teams to apply.
They strongly encourage women, youth and/or persons with disabilities to apply.
You aim to create positive environmental and/or social impact in your community or country through your product offerings, operations, or processes, while creating a profit.
You are dedicated and eager to learn, and passionate about your cause.
You have sound, technical understanding of your business or idea, but would like to learn more about how to build an effective and sustainable business model for success.
You are in your early stages: you will typically have already piloted or launched your business and can demonstrate early traction or proof of concept.
You have typically been in operation for less than two years and your sales revenue to date is less than USD 100,000
Your business is innovative and unique in some way. You want to learn, connect, and share with others: you are eager to network with like-minded green entrepreneurs from across the region.
You have sufficient access to internet and a computer to enable participation in the online components of the program.
You are committed to fully participating in a 12-week online program of training and mentoring, culminating in a pitch competition.
The following criteria must be met for applications to be assessed for the Pacific Greenpreneurs Incubator program. Please ensure that you meet the criteria before completing the application form:
The lead applicant must be a citizen of one of the following countries:
Fiji, Kiribati, Papua New Guinea Samoa, Tonga or Vanuatu. Proof of citizenship will be required.
The enterprise must operate or be intended to operate as a for-profit business in one of the countries.
The enterprise or business idea must demonstrate a green focus.
The minimum age of lead applicant is 18 years old.
For more information, visit https://www.pacificgreenpreneurs.com/