TechEmerge brings technologies to new markets, driving sustainable innovation to emerging economies where it is needed most. After successful programs in India and Brazil, TechEmerge is expanding to Latin America’s vital cooling sector.
TechEmerge will match innovative companies from across the world with companies and municipalities in Mexico and Colombia to pilot climate-smart, energy-efficient cooling technologies, products, and services and build commercial partnerships.
Innovative companies will be selected through a competitive process and then invited to participate in virtual meetings and events with potential pilot partners in Mexico and Colombia to discuss how to pilot their technology, product, or service and commercialize them in these growing markets.
IFC and a panel of industry experts provide support during market-entry and tech transfer to offset financial and operational risks for innovators and adoption risks for local governments, corporates, and other cooling providers/users. Pilot projects can also access grant funding from a total pool of up to USD 1.5M.
30+ corporates, utilities, and municipalities have already expressed interest in partnering with TechEmerge innovators to pilot new cooling solutions in the Latin American market.
Opportunity Focus Area:
Clean technology and energy
From 1 month to 6 months
1 January, 2021
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