Amazon's 2024 Sustainability Accelerator teams up with Europe's climate experts, targeting consumer goods to energy solutions. Meanwhile, eBay UK funds circular fashion innovators, boosting sustainable startups.
Remember when shopping online was just about convenience? Now, it’s about saving the planet too! Amazon’s Sustainability Accelerator, now in its third lap around the sun, is scouting Europe for startups with a green thumb. Partnering with climate gurus at EIT Climate-KIC and Founders Intelligence, they’re on a mission to tackle our toughest sustainability challenges. From eco-friendly packaging to energy-efficient buildings, Amazon’s throwing open its digital doors to innovators. And let’s not forget, there’s a pot of gold (or should I say, a grant and AWS credits) at the end of the rainbow for participants.
Meanwhile, eBay UK is strutting down the sustainable runway, spotlighting six small but mighty businesses in the fashion world. Through the Circular Fashion Innovator’s Fund, eBay’s doling out grants and mentorship to those reimagining fashion’s future. Think rental platforms, pre-owned kiddie couture, and upcycling geniuses. Swoperz grabbed the top spot with their ingenious child-run swapping service, bagging £25K to take their idea to the next level. Fashion waste, be gone!
Amazon isn’t stopping at sustainability. Their $1B innovation fund is eyeing AI and robotics to revolutionize logistics. From enhancing last-mile delivery to investing in robotic co-workers, they’re betting big on tech. The pace of investment is ramping up, with a cool $110M already in play. It’s like the Avengers, but for logistics and environmental heroics.
The clock’s ticking for startups to throw their hats into the ring, with deadlines looming in April and July. Amazon and eBay are setting the stage for a greener future, and it’s your chance to join the eco-avengers. Whether you’re crafting the next eco-friendly consumer hit or revolutionizing the circular economy, the digital giants are rolling out the green carpet. Let’s make sustainability the main event, not the opening act.
❓ Ready to join the eco-avengers?
Each week we select most important sector news and statistic
so that you can be up to speed