This accelerator, organised by the Singapore Centre for Social Enterprise, raiSE and Quest Ventures, a venture capital firm in Asia, aims to support budding impactful startups by providing financial and non-financial support to help them improve their competencies and gain access to regional and global markets.
Since launching in 2022, companies from the first cohort of the Sustainable Impact Accelerator have collectively pitched to over 2,000 investors, corporates, government organisations, and other stakeholders across Asia within the first three months of the programme. Some companies have also successfully raised their next funding round within a few months and gained a foothold in overseas markets such as Australia, Malaysia, Indonesia, and Vietnam.
James Tan, Managing Partner of Quest Ventures, said, “Socially impactful enterprises can also scale like high-growth startups, unlocking capital and resources to impact more people regionally and globally. Building upon the success of the first cohort, we look forward to partnering with raiSE again to propel high-potential impact businesses forward in their journey.”