Med ClimAccelerator

AI Verified

Location

Portugal


Investor type

Accelerator/Incubator


Current investment status

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Website

https://medclimaccelerator.com/


Linkedin

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Company address

Carnide, Lisbon, Portugal


Founding year

N.A.


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Criteria Requirements Match
Regions Middle East, Northern Africa, Southern Europe
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Stage Pre-Seed, Seed, Series A
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Company description

Med ClimAccelerator represents the Malta-based hub of the European Union's climate innovation initiative, operated by the Malta College of Arts, Science & Technology. Established in 2010, this initiative functions as part of the broader EIT Climate-KIC network, receiving primary funding from the European Institute of Innovation and Technology, an EU body dedicated to fostering innovation across Europe. The organization's core mission centers on facilitating the global transition toward carbon neutrality and climate resilience through systematic transformation of industries, policies, and practices.

The Regional Innovation Scheme (RIS) serves as EIT Climate-KIC's flagship program targeting Southern and Central Eastern European nations. This long-term initiative specifically focuses on strengthening innovation ecosystems within countries classified as moderate or modest innovators according to the EU Innovation Scoreboard. By connecting various stakeholders—including business accelerators, incubators, startups, scale-ups, SMEs, government agencies, and educational institutions—the program creates robust networks that enhance regional innovation capacity while addressing climate challenges.

Through its comprehensive approach, EIT Climate-KIC RIS delivers interconnected portfolios of programs spanning three critical domains: skills development and learning, entrepreneurship support, and innovation facilitation. These initiatives are strategically designed to accelerate decarbonization efforts, create sustainable employment opportunities, and develop new markets aligned with the 1.5°C climate target established in the Paris Agreement. The program places particular emphasis on climate adaptation and resilience strategies tailored to the specific challenges faced by participating regions.

The Malta hub represents one of several strategic innovation centers across Europe working to implement EIT Climate-KIC's vision at the local level. By leveraging Malta's unique position in the Mediterranean region, the hub addresses specific climate challenges while connecting local innovators to the broader European network. The initiative exemplifies the EU's commitment to ensuring that climate innovation extends beyond traditional innovation powerhouses to include diverse perspectives and solutions from across the entire European community, creating a more inclusive and comprehensive approach to addressing climate change.

Highlights

EU's climate innovation initiative for systems change
Strengthening innovation ecosystems in moderate innovator regions

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Frequently asked questions

Where is Med ClimAccelerator located?

Med ClimAccelerator maintains its global headquarters in Portugal, serving as the strategic center for its operations. The company's primary corporate offices are located at Carnide, Lisbon, Portugal.

What investment stages Med ClimAccelerator focuses on?

Med ClimAccelerator focuses its investment activities on companies operating in the following stages: Pre-Seed, Seed, Series A. Med ClimAccelerator provides strategic capital and expertise to support promising businesses at these critical phases of development.

Where does Med ClimAccelerator invest?

Med ClimAccelerator maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Middle East, Northern Africa, Southern Europe.

When was Med ClimAccelerator founded?

Med ClimAccelerator was established in , marking the beginning of its journey as an investment firm.

What kind of investment firm is Med ClimAccelerator?

Med ClimAccelerator is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.