Climate-KIC (Knowledge & Innovation Community) is the European Union’s largest public-private climate initiative. It includes a successful accelerator for cleantech start-ups. This fosters young businesses which are developing climate protection solutions.
In the accelerator programme, Munich Re and ERGO are fostering start-ups that are focused on handling climate change. The programme lasts up to 18 months – depending on how mature the start-up is. Each start-up receives up to €95,000 in financial support. As an additional benefit, the young entrepreneurs receive coaching and regular mentoring from Munich Re and ERGO staff members.
Workspaces in various locations are also available for their use. Munich Re and ERGO gain access to the young businesses, the start-ups receive both technical and financial support from us, and society benefits from climate-protection solutions. The programme was launched in October 2017.