PACP collaborates with pH3 Capital with Launch of Beyond Blue Accelerator
PACP is delighted to announce a collaboration with pH3 Capital with the launch of the innovative pH3 Capital Ventures Beyond Blue Accelerator.
It is now seeking start-ups to apply to join the first phase of the programme launching this summer.
This is the first blue green scale up accelerator that is focussed on developing technology and circular economy solutions for the rapidly growing UK Ports and Maritime sector.
This sector alone contributes over £116bn to the UK economy and the global blue economy presents one of the largest growth opportunities for investors, with this sector estimated to double in size over the next decade to be worth over $5t by 2030.
The accelerator will cover a range of linked sectors, including ocean energy, marine biotech, ocean intelligence, coastal protection, green fuels and waste recycling.
Applications to the accelerator are now open until 31 March 2023 and is aiming to attract UK-based companies addressing a blue green economy challenge.
After shortlisting and interviewing in Spring, the first cohort of 12 ventures accepted into the Accelerator will begin the 9 month programme in June.
On completion of the programme, the new ventures will then move on to fundraising campaigns for future growth.
The collaboration will be run virtually and in person from a base at Shoreham Port in London. Strategic partners will also support the accelerator and its cohorts in developing from very early-stage ideas and business plans.
Strategic partners include Evelyn Partners, Fieldfisher, Green Angel Syndicate, ITPEnergised, Maritime UK and Shorham Port.
For more information, please contact PACP Managing Partner Brian Farrugia.
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