Applications are open through July 24 for social entrepreneurs to join Acumen's Energy for Livelihoods Accelerator
Clean energy for underserved communities is one of Acumen's focus areas. Image for illustrative purposes only.
Image: Getty Images
Apple on Thursday unveiled a new clean energy initiative in India aimed at supporting social entrepreneurs to scale and refine their businesses so that they can make a bigger impact on the lives of the poor that they are trying to help, and protect the environment at the same time.
Financial details aren’t available, but Apple has partnered with Acumen, a New York-headquartered global non-profit venture capital (VC) fund that focuses on poverty alleviation projects.
They are offering spots on the Energy for Livelihoods Accelerator where Acumen experts will lead a free 12-week programme designed to help social entrepreneurs.
“Apple is committed to helping ensure everyone can share in the benefits of a greener economy,” Sarah Chandler, Apple’s vice president of Environment and Supply Chain Innovation, said in a press release. “We’re demonstrating the transformative potential of clean energy in everything we do, and we are excited to support social innovators who share that goal.”
Programme participants will get access to a network of peers, facilitators and mentors. Afterward, they’ll be included in Acumen Academy’s global community, The Foundry, and will be eligible for technical assistance and early-stage investment from Acumen’s Pioneer Energy Investment Initiative (PEII+).