HomeUSABiomimicry Institute Opens Applications For Fifth Ray of Hope Accelerator Cohort Class

Biomimicry Institute Opens Applications For Fifth Ray of Hope Accelerator Cohort Class

Biomimicry Institute

Biomimicry Institute, a Missoula, MT-based not-for-profit organization empowering nature-inspired solutions for a healthy planet, opened applications for its 2024 Ray of Hope Accelerator.

The Ray of Hope Accelerator program is looking to identify ten nature-inspired startups. Those selected will participate in a six-month cohort program that provides more than $50K worth of in-kind services that aim to provide support and training for companies seeking to bring their ideas to commercialization.

The program enhances participants’ visibility through science-based storytelling, as well as provides access to a wide range of corporate and investment leaders.

The cohort is open to Pre-Seed to Series A stage companies world-wide and will commence with an in-person nature retreat where participants develop skills around community building, leadership, and cultivating a nature-inspired ethos.

Past participants of the Ray of Hope program have secured additional funding, built awareness of their work through media, attained paid proof-of-concept pilot contracts with major corporations, and increased sales as a result of the program’s extensive network.

Previous cohorts comprised companies from 15 different countries, were 40% female founders, and included award-winning startups like Sparxell (UK, 2023) GreenPod Labs (India, 2022), Spintex Engineering (UK, 2021), and ECOncrete Tech (Israel, 2020).

VCWire

12/03/2024