Scale the Impact. This is what the acceleration program for startups with social and environmental impact launched by Social Nest and Danone is called. This is a pilot acceleration program for 20 companies whose area of action has a social and environmental impact.
The objective of this business accelerator is to encourage entrepreneurs to include a management model based on the values and practices of B Corps in their business models while increasing their responsibility and transparency in social and environmental matters.
Companies will have until November 30 to submit their application to the acceleration program. This lasts for 3 months, from March to June and will be in a hybrid format. This means that it will have online training modules and others that will be face-to-face.
A prize of 30,000 euros
Likewise, the business accelerator will organize events of the Spanish innovation, technology and investment ecosystem and will offer free tickets and visibility to the startups participating in these events, which will have international projection.
The program will conclude with a Demo Day where the participants will pitch before a community of investors and a jury that will be made up of key figures from the national and international innovation ecosystem. This jury will select one of the startups and give it a prize of 30,000 euros.
Of all the applications, only 20 startups will be selected. Those who are in the growth phase and operate in the following areas such as sustainable, regenerative and resilient agriculture may occupy one of the places in the program; the food tech; the circular economy; inclusion and diversity platforms; the future of retail and specialized nutrition.
The global director of B Corp at Danone, Gian María Bruno, says that they are “impressed by the drive and passion that entrepreneurs have today to build sustainable businesses while accelerating systemic change. Given Danone’s commitment to becoming a B Corp, this program was a natural step to accelerate the growth of the B Corp movement and we are proud to support Social Nest in embedding the B Corp mindset into Technology and Innovation ecosystems.”