Tech for Good Grant
In context
This call is open to startups and small and medium-sized businesses, at idea and R&D stage, prototype and pilot stage and pre-seed. Funding is an equity investment. Coverage is read from the notice itself: any country.
Alter Equity funds technology startups and disruptive innovation projects addressing environmental or social challenges, with a focus on climate-tech and energy transition. The fund supports early-stage ventures but specific stage and cheque size details are not publicly specified.
About this grant
Alter Equity is an impact-focused investment fund dedicated to companies that contribute to resolving environmental and social challenges. The Tech for Good initiative specifically funds technology startups and disruptive innovation projects that address these challenges. Environmental focus areas include energy efficiency and transition, circular economy, recycling, air, water and soil quality, green chemistry, organic products, and biodiversity. Social focus areas include education, training, employability, culture, services to vulnerable people, health, well-being, organic products, and fair trade. Portfolio companies are also expected to commit to an ESG business plan with concrete action plans to promote more responsible social, environmental, and governance practices. Alter Equity targets European companies with revenues above €1 million and strong profitable growth potential, taking minority or majority equity stakes ranging from €4 million to €20 million.
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Eligibility
Applicants must be European companies with revenues above €1 million and demonstrate strong profitable growth potential. Companies must have core activities that contribute to resolving significant environmental or social challenges. Applicants must be willing to commit to an ESG business plan as part of their engagement with Alter Equity. The Tech for Good strand is specifically aimed at technology startups and disruptive innovation projects.
How it's scored
Applications are assessed based on the environmental or social impact of the company's core activity, alignment with Alter Equity's investment principles (Impact, People, Planet, Profit), the company's revenue level and profitable growth potential, and commitment to implementing an ESG action plan covering social, environmental, and governance practices. No further detail on scoring criteria, weightings, or panel composition is provided on the page.
Key requirements
- ✓Technology-driven startup or disruptive innovation project
- ✓Primary focus on environmental or social challenges
- ✓Alignment with climate-tech, digital-tech, employment, or energy-transition themes
Recent past awardees
Knowing who's won the last rounds tells you whether you're in the strike zone.
- Expliseat
- Elum Energy
- Shellworks
- Montamo
- Syroco
- circle
- teale
- Beem
Frequently asked questions
- How much funding does Alter Equity offer?
- Tech for Good offers $4.4M – $22M.
- Who can apply for Tech for Good?
- Eligibility covers organisations in GLOBAL; startup, sme. See the eligibility criteria above for the full conditions.
Relevant sectors
About this sector
Climate software and data funding supports emissions accounting, climate risk analytics, Earth observation, digital MRV and tools for planners. It is offered as innovation grants, public contracts for data services and support from technology programmes. Buyers generally look for data quality, interoperability and evidence that users rely on the tool.
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