Resource roundup: WeWork and Oatly host pitch contest for DC climate tech founders

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WeWork + Oatly + CC

Next month, DC will host an event for climate entrepreneurs, with help from the national coworking giant We work.

WeWork and oat drink company oatly are teaming up to organize pitch competitions for sustainability-focused startups. With his WeWork Changemakers: Sustainability Series, the company hopes to boost start-up companies looking to make a positive impact on the environment. Alongside DC, events will take place in Boston, Chicago, New York and San Francisco. Finalists from all cities will compete in a final event in front of a live audience and a grand prize winner will be chosen alongside two finalists from each city.

To be eligible, startups must be less than five years old, have no more than 20 employees, and be located in one of the participating cities. The grand prize winner will receive a private WeWork office for one year, as well as mentorship and business programming from Oatly. The two finalists from each city will receive up to 10 WeWork memberships for one year and all applicants will receive a discount from the coworking company to rent space.

“We believe that business has a major role to play in prioritizing sustainability and that business can be a force for good,” said Mike Messersmith, president of Oatly in North America. “With that in mind, we’re excited to support and spotlight new ideas and businesses from the WeWork community that share our same philosophy.”

DC’s event will take place on Monday, April 25 at WeWork in Midtown Center.

Apply here

Techstars is looking for the founders of BIPOC in DC

As of this week, the national accelerator and incubator Tech Stars heads to the DC market again.

Along with the financial institution JP Morganthe investment program is launched Techstars Washington DC Powered by JPMorgan, an accelerator for the founders of BIPOC. The $80 million investment will support a three-month program in five cities, including DC. The program is open to founders of all backgrounds, Techstars said, but was specifically designed for black, Hispanic and Latino, Native American and Pacific Islander founders.

Participants will be assigned a local mentor (like familiar faces Ayanna Smith and Marcus Bullock) and secure seed funding for their startup. Participants will also take part in a demo day later this year.

The investment will be spread across nine cities over the next three years, spread across 400 companies. Programs in Atlanta, Chicago, Detroit, Miami, and DC are launching this year, with additional accelerators in Los Angeles, New Orleans, New York, and Oakland coming next year. Startups in healthcare, education, finance, government, and cybersecurity, among others, can apply until May 11. Programming begins in September and ends with a demo day on December 8.

“It’s beyond exciting that Techstars has chosen DC as one of the five selected cities,” said John Falcicchio, deputy mayor in charge of planning and economic development, in a press release. “The Techstars Accelerator Program will significantly propel the growth of the tech industry, a critical part of what will make us the District of Comebacks.”

In January, Techstars also announced that it was bringing its cohort focused on women entrepreneurs to the DC area.

Apply here -30-

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