June 28, 2022

SVG Ventures: Thrive launches global impact challenge

On the hunt for the most innovative, global companies creating the biggest impact in driving toward a net-zero future for agriculture, SVG Ventures | THRIVE – and partner ICL Planet Start-up Hub – have launched the Global Impact Challenge.

The urgency of the climate crisis is more apparent than ever, and disruptive innovation is key to creating a more sustainable, prosperous, inclusive, healthy and equitable future.  The world is already feeling the effects of climate change on a global scale and combating this crisis requires urgent and immediate attention.  It is, by far, the defining issue for current times.  THRIVE is passionate about playing a significant role in spurring the collective change needed to tackle this crisis, which led to the creation of the Global Impact Challenge.

The THRIVE Global Impact Challenge is a global search for the most innovative startups who are advancing a net-zero future for agriculture. The Challenge will focus on three core themes, each central to supporting the transition to net-zero.

The Challenge themes, which align with the UN’s Sustainable Development Goals, are focused on the following areas:

  1. Soil health and biodiversity
  2. Increasing food security
  3. Reducing and offsetting GHG emissions

The launch event is hosted in Tel Aviv, Israel in partnership with ICL Planet Startup Hub, THRIVE’s headline partner for the Challenge.  Additional premium partners for the challenge include Bayer, BASF, Driscoll’s, Kubota and Valmont.

“Climate action is a task for all of us and disruptive innovation is key to accelerating global efforts towards a net-zero future for agriculture,” says John Hartnett, Founder and CEO of SVG Ventures|THRIVE. “We believe entrepreneurs hold the key to a sustainable future.”

“At ICL Planet, we are committed to creating responsible solutions for humanity’s sustainability challenges in the global food and agriculture markets. By partnering on this challenge, we can create sustainable solutions and a secure future for communities around the world,” notes Hadar Sutovsky, ICL, VP External Innovation and GM of ICL Planet.

Applications are now open and will be accepted through September 15, 2022. Six companies will be selected to attend the THRIVE | Forbes Global Sustainability Summit in November of 2022 and to pitch their solution for the opportunity to secure a spot in THRIVE’s award winning Global Accelerator Program.

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