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Applications Open In Africa and Asia For Adaptation SME Accelerator Project (ASAP)

Kolkata, Dec 09 (UNI) Village Capital and The Lightsmith Group (“Lightsmith”) have announced that 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 contextualized solutions to critical climate adaptation and resilience challenges.
“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. “By connecting, SMEs identified through the Adaptation Solutions Taxonomy to resources of a world-class accelerator, we can demonstrate how these companies can scale up their solutions to the growing impacts of climate change, especially in the places that are most vulnerable.”
“SMEs and startups provide the local, contextualized solutions for climate adaptation and resilience in developing countries,” said Adedana Ashebir, Regional Director, Africa and the Middle East at Village Capital, “Despite this fact, many struggles 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.”
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