KPMG is on the hunt for eco-startups tackling nature and biodiversity issues, offering a $100,000 prize

Consultancy large KPMG Australia is offering a $100,000 prize to a startup working on tech options to handle nature and biodiversity-related issues as a part of a new program.

The KPMG Nature Positive Challenge is designed to encourage and help the development of the nation’s most revolutionary startups and impression ventures in the eco area. The program will select and help 4 high-potential impression ventures working in areas resembling reforestation, regeneration, conservation, carbon elimination, catastrophe resilience, useful resource circularity and bioproducts to assist them develop their capabilities.

A pool of tailor-made help valued at $200,000 is obtainable to assist scale their companies and the startup with the most potential to scale and have a important impression on nature, will even obtain the $100,000 KPMG Nature Positive Prize.

KPMG Australia CEO Andrew Yates stated the inaugural Nature Positive Challenge will even join ventures to helpful business, enterprise, science, data and neighborhood companions, and impression traders.

“This Challenge represents the start of a significant long-term investment by the firm to support positive environmental outcomes based on regeneration, resilience and resource circularity,” he stated.

“It is my hope our actions encourage more eco-startups to flourish.”

The KPMG Nature Positive Challenge will run from May to August, with the $100,000 prize awarded in June. All 4 ventures will characteristic at a Nature Positive Showcase occasion in August.

KPMG Natural Capital & Biodiversity Global Lead Carolin Leeshaa, who is one in every of the Challenge judges, stated the financial system, and folks’s livelihoods and well-being all rely on nature.

“If we take time to get the question right, the imperative is very clear: we need to grow within the limits of the earth’s biosphere and catalyse the systemic shift required to grow in harmony with nature,” she stated.

“The KPMG Nature Positive Challenge creates a platform for collaborative action to embrace nature as an opportunity, transform ideas into impact, and accelerate transformative business models, technologies, data and innovative approaches that protect and restore nature whilst also generating broader economic, social and cultural benefits.”

More on the problem is obtainable at kpmg.com/au/naturepositive