PepsiCo, SABIC, AstroLabs, and Partners Come Together To Launch The Mega Green Accelerator With Eight Selected … – Entrepreneur

PepsiCo, SABIC, AstroLabs, and Partners Come Together To Launch The Mega Green Accelerator With Eight Selected … – Entrepreneur

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PepsiCo, SABIC, AstroLabs, and partners have announced the eight MENA-based startups that have been selected to participate in their new Mega Green Accelerator program.Each of the companies selected to be join the Mega Green Accelerator submitted an innovative solution focused on either advancing the circular economy, transitioning to clean energy, or mitigating climate change through technologies to improve water use and agricultural processes.For the next six months, the eight startups will receive funding, mentorship with industry experts, and market access to scale their innovative solutions. At the end of the program later this year, one winning company will be awarded US$30,000 in funds to continue its expansion.

In its applications phase, the Mega Green Accelerator received a total of 363 submissions from sustainable startups in the region during the applications phase. Now, eight companies have been shortlisted to proceed in the program- these include:Mrüna (UAE) A consulting and distribution company dedicated to developing innovative urban solutions.The Surpluss (UAE) A climate technology startup that helps SMEs reduce their greenhouse gas emissions profitably through resource sharing via a digital sustainability exchange.Mirai Solar (Saudi Arabia) A solar technology startup that specializes in expanding solar