Barclays Eagle Labs has confirmed a brand new five-year partnership with Carbon13, a Cambridge primarily based however globally centered enterprise builder, committing as much as £2.5 million funding to ship the Enterprise Launchpad programme from 2023.
Functions for the primary cohort will open in December to encourage innovation amongst corporations working in a variety of areas, akin to decarbonising the constructed setting, rethinking the usage of chemical substances in power manufacturing, meals safety and different applied sciences focussed on decreasing carbon emissions.
The absolutely funded programme will embody enterprise growth and funding alternatives, entry to Eagle Labs enterprise mentoring programmes and two showcase days for companies to pitch their concepts to potential buyers. Members may also achieve entry to workspace on the GreenTech centered Barclays Eagle Lab, primarily based in Cambridge, and full entry to the UK-wide Eagle Labs community with unique entry to networking and neighborhood occasions.
David Hamilton, Head of Implementation and Partnerships at Barclays Eagle Labs, stated: “We’re actually happy to be partnering with Carbon13 as we work collectively to attach and drive progress within the GreenTech sector. One of many parts of our general local weather technique helps play a number one function supporting inexperienced and sustainability focussed companies, and thru our Eagle Labs, assist GreenTech companies with the instruments to assist them join, develop and scale.”
Chris Coleridge, Founder and CEO of Carbon13 stated: “World warming is more likely to happen sooner than earlier projections and Carbon13’s mission is to assist deal with this. By means of the Enterprise Launchpad programme, we are going to encourage entrepreneurs, scientists, buyers and huge organisations to collaborate on lots of of improvements and quickly scale ventures to cut back carbon emissions. We’re happy to be collaborating with Barclays Eagle Labs to help these local weather entrepreneurs.”
Carbon13 works with founders to construct start-ups that may scale back CO₂e emissions by tens of millions of tonnes via their enterprise programmes and is an present resident of the Cambridge Barclays Eagle Lab. Since inception in 2020, Carbon13 has already funded 32 start-up ventures via its Enterprise Builder programme.