Applications have opened in Africa and Asia for the Adaptation SME Accelerator Project (ASAP), a programme for SMEs and startups that are scaling market-based and contextualised solutions to critical climate adaptation and resilience challenges. Run by Village Capital and The Lightsmith Group, ASAP will accelerate 16 SMEs and startups that are scaling climate adaptation and resilience solutions in Africa and Asia. “Accelerating the growth of selected climate adaptation solutions companies in developing countries is the key final step in the ASAP strategy,” said Jay Koh, managing director of The Lightsmith Group. “Despite this fact, many struggle to secure financing and lack the operational capacity to scale their solutions. Through ASAP, companies at the intersection of impact, inclusion, and investability will have a chance to bring their ideas from vision to scale,” she said.

Source: The North Africa Journal December 16, 2021 19:05 UTC