Plug and Play accelerateAZ, a Phoenix, AZ-based program of the Arizona Commerce Authority (ACA), announced a new Sustainability program that will support the growth of Arizona sustainability-focused startups.
The new program, announced at the Plug and Play Silicon Valley Summit in Sunnyvale, California, will launch in Spring 2024.
The accelerateAZ Sustainability program will support startups in the areas of renewable energy, water resiliency, sustainable mining, circular materials and carbon neutrality. The program will accelerate two batches of startups per year, connecting them to leading corporate partners to foster sustainability-focused collaborations.
The new accelerateAZ Sustainability program will complement the current accelerateAZ Advanced Manufacturing program to drive innovation, pilot new technologies, and build the resilient infrastructure of the future. The Advanced Manufacturing Accelerator program, which selected its second batch of Arizona startups following an Advanced Manufacturing Expo in October, supports startups through a three-month program to complete a curriculum focused on business development, strategic growth, and networking. The Advanced Manufacturing program is supported by founding partners including Intel, Honeywell Aerospace, and Raytheon Missiles & Defense.
In April, Plug and Play accelerateAZ launched of its Arizona office. The startups selected for the first batch of the Advanced Manufacturing program focused on creating solutions in workforce training, supply chain visibility, predictive maintenance, robotics, and automation.
Plug and Play accelerateAZ, a program of the ACA, builds on the ACA’s steadfast commitment to grow the state’s startup ecosystem. These efforts include the launch of the Arizona Innovation Challenge, one of the largest business plan competitions in the country. That program has produced 130 awardees from over 2,700 applicants, representing a combined portfolio value of more than $2.5 billion.
For startups interested in applying for the Sustainability Batch 1 cohort, please visit plugandplaytechcenter.com/arizona.