Blue Finance Accelerator

Blue Finance Accelerator is a programme presented by United Nations Development Programme (UNDP) and Asian Development Bank (ADB), in collaboration with the Coordinating Ministry of Maritime and Investment Affairs and Instellar Indonesia. 

This 6-month accelerator programme aims to provide capacity-building and support mechanisms on business and impact for startups and SMEs operating in blue sectors – sustainable fisheries, aquaculture, marine debris waste management, plastic pollution reduction, climate change mitigation or adaptation. 

The programme will target a minimum of 12 SMEs/Startups, consisting of six startups and six SMEs to undergo acceleration.

Participants selected for Accelerator programme should have solutions or business that meet the following criteria:

Women-Led Business

Must have at least one woman in the leadership position in the company.

Address Blue Sector Challenge

• Waste management
• Marine and coastal protection and restoration of biodiversity and ecosystem
• Sustainable fisheries
• Disaster management and risk reduction
• Marine renewable energy
• Ecotourism
• Maritime Industry decarbonization

Pre-Seed or Seed Level Stage

Proven by validated business model and traction.

Having Awareness on the Climate Adaptation & Resilience

For example: carbon emission reductions, climate-resilient and energy efficiency, etc.

Selected startups and SMEs will benefit from tailored support provided by a dedicated team and industry experts.  

• Tailored Curriculum & Modules 

Ranging from business, innovation, impact measurement and management, gender lens approach, and blue-themed topics

• Individual Mentoring & Consulting

Advisory team & mentors will support throughout the process to ensure the business growth

• Gain Wider Exposure & Network

Wider business connections with other players in the blue sector, such as industry experts, investors, and governments; access to UNDP and Instellar community networks. 

• Opportunity to Get Financing

Access to blended finance facilities*.

*Blended finance facilities can be optimized by combining several sources of funding or financing in one project, such as from the government budget, private parties, and/or donors (philanthropy).