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Black Sea ClimAccelerator 2022 – The acceleration program for green startups

Inspiration, education and know-how. 300K EUR funding and investment-readiness education. Support for growth and scalability.

Black Sea ClimAccelerator is a business school, as well as an accelerator for growth, a platform with access to investors and finally, a funding opportunity. If you have an innovative solution to perhaps the most talked about and worrying aspect of our world – climate change, then this accelerator is the fuel that can take your startup from idea to scaling, from prototype to investment opportunities.

The program will support some of the most promising startups from Romania and Bulgaria, all in a complex curriculum which consists of workshops on business modeling, marketing, sales, finance management, business consultancy, and investment readiness, one-to-one mentoring sessions, pitching sessions, peer sharing, access to international events and finally, grants of 300K EUR.

Registrations were open until the 15th of September. Each selected startup takes part in one of the 3 divided categories, depending on their startup development stage and growth needs: Early Stage, MVP, or Growth.

The Black Sea ClimAccelerator program is organized with the support of EIT Climate-KIC by Impact Hub Bucharest, The Climate Vertical, Volta, as well as by Innovation Starter în Bulgaria.

What solutions are we looking for?
  • Eco-innovative solutions for clean urban mobility
  • Green and sustainable solutions for cities and buildings
  • Waste management projects
  • Intelligent agriculture for a cleaner climate
  • New forms of transformation of systems and logistical food chains
  • Nature education projects
  • Circular economy development projects
  • Solutions for carbon emissions
  • Green technologies and services for economic activities
  • Solutions to reduce the impact of manufacturing activities on the environment
  • Technologies, new systems and solutions that promote sustainable consumption
  • Solutions for clean, green and sustainable energy projects
  • Green transport solutions
  • Technologies or artificial intelligence solutions which have a positive impact on the environment
  • Development of sustainable materials projects

The program is not limited to the domains mentioned above, so if you have an innovative solution that can solve some of the global problems we face nowadays, apply now! The program is suitable for green startups in the idea stage and those with a validated prototype, clients and scalable solutions.


Selection criteria include:

  • Innovativeness: Is the solution new in research? Are there protected patents? Is the product or the solution already on the market?
  • Feasibility: Is the idea realistic? Is it technically feasible? Is there a prototype available? How much time would it take to get the product to market?
  • Team: Are there the “right” competencies at place? Do the members have market experience? Is there a track record to measure the startup’s performance?
  • Climate Benefit
  • Scalability: Is the idea scalable to international markets?
  • Long-term perspective: Is the concept sustainable? Can it stay on the market and bring long-term results?
  • Program-Fit
EIT Climate KIC
EIT Climate-KIC is a Knowledge and Innovation Community (KIC) working to accelerate the transition to a zero-carbon and climate-resilient society. Over the past 10 years, EIT Climate-KIC’s acceleration program has been the leading provider of climate innovation solutions, with over 1,500 accepted solutions and almost €1 billion of guaranteed capital.

Impact Hub Bucharest

Impact Hub Bucharest is the dynamic space where professionals and entrepreneurs work to develop business projects and initiatives. Since 2012, Impact Hub Bucharest is the first coworking space in Romania, with a community of about 2,000 members in 2 central locations in Bucharest, and globally the organization is present in over 100 locations in over 50 countries. Impact Hub Bucharest’s mission is to support the entrepreneurial ecosystem by offering startup acceleration programs and direct funding, as well as the largest online entrepreneurial education platform.

The Climate Vertical

The Climate Vertical is an initiative in Romania that aims to solve critical climate challenges by activating and engaging the community to help startups build sustainable solutions. We believe that every climate challenge creates the space for a great business opportunity. We build TCV on our 4+ years of experience working with startups and deliver programs designed to (A) bring people together to support each other, (B) inspire them to get started, (C) educate them to build solutions people really need, (D) accelerate the growth of teams willing to scale their solutions globally. The Climate Vertical’s values are the red thread running through the programs: Focus on impact and drive change, Aim high and start now, Innovate for a sustainable future, Respect nature and those around you.

Innovation Starter

Innovation Starter is Bulgaria’s first specialised innovation agency, founded by Leona Aslanova in 2014. It works with business (companies and startups), the public sector, academia and the non-governmental sector to design a long-term innovation culture. Innovation Starter’s mission is for Bulgaria to become a leading European innovation country.

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Str. Tudor Arghezi, 8-10
București, 020945

Strada Gara Herăstrău nr 2,
București, 020334

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