UOB’s FinLab Shines Focus On ESG With The Greentech Accelerator

UOB’s innovation accelerator The FinLab has unveiled The Greentech Accelerator, a brand new world programme geared toward supporting progressive greentech resolution suppliers regionally and globally to drive their firm’s sustainable mission ahead.

As a part of the primary cohort, the programme will give attention to greentech options together with power effectivity; zero-waste provide chain; carbon administration and reporting.

The Greentech Accelerator is open to all progressive greentech startups and SMEs with a Know-how Readiness Stage (TRL) of six and above.

The primary Greentech Accelerator programme will settle for ten corporations for its pioneer cohort, with the objective of commercialising their options as a way to assist SMEs undertake inexperienced practices and know-how.


To assist these greentech startups and SMEs develop and increase their enterprise, the three month-long programme will embody a complete funding of as much as SG$ 150,000 to deal with real-world problem statements in addition to precious insights by way of academic ESG and enterprise masterclasses, talks and webinars.

They may also obtain mentorship and peer-to-peer studying facilitated by UOB, the trade and institutes of upper studying.

Moreover, the accelerator will present these startups with entry to a robust community of partnerships to construct an ecosystem of trade leaders.

Purposes are open from 5 Could 2022 to 12 July 2022 right here.

Shannon Lung

Shannon Lung

Shannon Lung, Head of The FinLab mentioned,

“Based on the 2022 UOB SME Outlook Examine, 45 per cent of SMEs surveyed consider having a sustainable core will profit their enterprise with multinational corporations that are actually working in direction of their very own sustainability targets. Nonetheless, many small companies have raised considerations a couple of lack of awareness and restricted sources.


The Greentech Accelerator goals to answer this problem by mentoring progressive greentech options from world wide to supply related, deployable and cutting-edge options to satisfy the ESG wants of SMEs and companies domestically and abroad.”

Darian McBain

Darian McBain

Dr Darian McBain, Chief Sustainability Officer, Financial Authority of Singapore mentioned,

“The Greentech Accelerator showcases UOB’s dedication to driving actual world sustainability options and aligns intently with MAS’ imaginative and prescient to harness the facility of know-how and finance to drive a simply and sustainable transition to a low carbon economic system.


We stay up for collaborating with UOB on this initiative below the ambit of Undertaking Greenprint, and foresee the Greentech Accelerator’s options empowering corporations and SMEs on their sustainability journeys.”

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