Dealflow | November 4, 2021

Lightsmith Group and Village Capital seek to accelerate small-business climate-adaptation solutions

Jessica Pothering
ImpactAlpha Editor

Jessica Pothering

ImpactAlpha, November 4 – The Lightsmith Group and Village Capital are partnering on Adaptation SME Accelerator Project, backed by the Global Environment Facility, Conservation International, and the Inter-American Development Bank, to support two dozen small businesses providing climate adaptation solutions in Africa, Asia, Latin America and the Caribbean.

“Small and medium enterprise can be a key driver in providing solutions using technology developed within specific local contexts,” Lightsmith Group’s Brian Parham told ImpactAlpha. Examples include weather analytics, resilient food systems or water storage and harvesting.

The program is open to companies with fewer than 350 employees or less than $15 million in revenues that “need access to investment readiness training and connections to mentors and investors that can help them grow and scale their solutions,” said Village Capital’s Adedana Ashebir.