Nature+ Accelerator Fund
Mirova, the affiliate of Natixis Investment Managers dedicated to responsible investing, is the manager of the Nature+ Accelerator Fund. Mirova and its partners, IUCN, the biggest scientific organization in nature, and CPIC, the world’s largest coalition for conservation finance, have joined forces to form an entity with cross-disciplinary experience, including extensive on-the-ground expertise. They aim to support nature-based innovative solutions to mitigate and adapt to climate change whilst delivering positive impacts both on biodiversity and the wellbeing of local communities.
The Nature+ Accelerator Fund has been designed to bridge the largest gap in the funding cycle for nature-based enterprises. It will focus on high-impact/early feasibility-stage projects to catalyze their environmental assets for the benefit of the entire market. Significant follow-on investments are expected to be made available to the most promising, impactful, and commercially viable projects.
What we are looking for
Nature+ Accelerator Fund will be deployed through three complementary windows:
- Seed Window (ticket size of US $100-200K): targeting projects with an early-stage concept to finance their feasibility study;
- Early Venture Window (ticket size of US $1-2M): targeting projects that have passed the proof-of-concept phase and are delivering or are about to deliver tangible revenue streams; and
- Venture Window (ticket size up to US $5M): providing follow-on funding to scale-up successful projects already funded under the Seed and Early Venture Window.
This RfP is exclusively dedicated to projects applying to the Seed and Early Venture Window.
In this context, we are looking for project opportunities fulfilling, at minimum, the following criteria:
- Must be in operation (with concrete results, even if preliminary)
- Must involve local communities with social benefits;
- Must be in a developing country where the government is progressively engaging in the conservation of its key ecosystems;
- Must be operated by a project proponent demonstrating track record and local anchorage;
- Specific priority will be given to projects generating carbon credits and to projects located in Africa;
- Must be seeking commercial proposal – the funding delivered will not be grants but investment capital subject to repayment and returns.
If your project fulfills such expectations, we strongly encourage you to submit a proposal by the end of May 2022. The first projects selected are expected to be announced in June. Proposals can be submitted after May as well and will be analyzed continuously.
The template “Project Proposal Form” for the full proposal submission can be downloaded on this page. The completed form must then be sent to the following address: natureaccelerator@mirova.com.
