Joint Innovation Accelerator for Sustainable Finance
3 September - 31 October 2024
Global
Commerzbank, Tenity and neosfer present the "Joint Innovation Accelerator for Sustainable Finance".
The program aims to develop proof-of-concepts (PoCs)and collaborations between startups and Commerzbank business units to promote innovative solutions in various sustainability areas such as biodiversity/climate data, real estate/renovation management, supplier management, or corporate mobility.
We are looking for innovative start-ups that have achieved demonstrable product-market fit and are ready to implement successful proof-of-concepts and/or partnerships, contributing directly to the strong sustainability strategy that Commerzbank has been pursuing for some time.
The Accelerator runs from September to October. During this time, there will be a joint kick-off, 3 master class weeks providing several touchpoints with Commerzbank, topic experts/mentors, PoC preparation and fundraising insights. The highlight of the programme is the demo day, which takes place during the Impact Festival in Frankfurt, organized by neosfer.
Timeline
Application deadline closes on July 1, 2024. Finalist Speed-Dating from 23- 25 July, with final decision shortly after.
Commerzbank is the leading bank for the German Mittelstand. In addition, the Bank is a strong partner for around 25,500 corporate client groups and almost 11 million private and small-business customers in Germany. The Bank’s two Business Segments – Private and Small-Business Customers and Corporate Clients – offer a comprehensive portfolio of financial services. Commerzbank transacts approximately 30% of Germany’s foreign trade and is present internationally in more than 40 countries in the corporate clients’ business. The Bank focusses on the German Mittelstand, large corporates, and institutional clients. As part of its international business, Commerzbank supports clients with a business relationship to Germany, Austria, or Switzerland and companies operating in selected future-oriented industries. In the Private and Small-Business Customers segment, the Bank is at the side of its customers with its brands Commerzbank and comdirect: online and mobile, in the advisory centre, and personally in its branches. Its Polish subsidiary mBank S.A. is an innovative digital bank that serves approximately 5.7 million private and corporate customers, predominantly in Poland, as well as in the Czech Republic and Slovakia.
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neosfer is the early-stage investor and innovation unit of Commerzbank Group. It investigates future technologies that are relevant to business and society, promotes and develops sustainable, digital solutions, and brings them profitably to the bank and its customers. All of this is done through the three areas of invest, build, connect. It creates access to innovation through strategic venture capital (invest), in-house development of technologies and business models (build), and building ecosystems around the sustainable and digital future of society (connect).
Tenity is the leading global innovation ecosystem and early-stage investor, with offices in Zurich, Singapore, Tallinn, Madrid, London, and Istanbul. Tenity's vision is to accelerate the future of finance by bringing together ambitious founders with leading companies, investors, and mentors. Today, Tenity counts six hubs, runs corporate innovation programs in more than 15 countries, has worked with 65+ corporate partners and has supported more than 1600 startups through its programs.
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