Fundo Vale and Quintessa, an impact accelerator, selected five innovative businesses with the potential to solve challenges in the agroforestry carbon ecosystem to participate in the Desafios Floresta & Clima – Carbon Edition program. Those selected participated in the program’s national call, launched in February, which received 239 applications.
Those chosen will undergo the acceleration program carried out by Quintessa, lasting six months, which includes individual monitoring, mentoring to support the strategic challenges of each business, and connections with Fundo Vale, Vale and strategic partners of the initiative.
The accelerator opted for the personalized acceleration methodology to ensure the program’s assertiveness in adding value to the reality of each business, as it had prior knowledge of the ecosystem that good solutions in the sector could be in different stages of maturity.
The accelerator’s methodology has already boosted more than 400 impact startups in the country.
The work also helps Vale achieve its commitment to recover and protect 500,000 hectares of forests in Brazil by 2030. Today, the company already protects approximately 1 million hectares in the countries where it operates, 800,000 of which are located in the Amazon. Fundo Vale is responsible for coordinating and implementing the goal.
“Throughout the investments in new impact businesses for the 2030 Vale Florestal Goal, we realized that one of the great challenges for a large scale is to unlock structuring bottlenecks for the chain as a whole.
And, by seeing Brazil as a potential global player in this agenda, accelerating businesses that can give scale to this forestry economy is the main objective of this program.
Above all, in partnership with organizations that are involved and engaged in this theme so that, together, we can join efforts and contribute to the strengthening of the forest carbon market in the country. Brazil”, explains Gustavo Luz, manager of Fundo Vale.
“The market for large companies has demanded a variety of carbon solutions, but there are still few mature solutions to meet this demand. The program with Fundo Vale is essential to develop this segment and increase the offer of quality solutions”, adds Anna de Souza Aranha, managing partner of Quintessa.
The choice prioritized scalable businesses whose solutions bring direct benefits to the carbon market, from the origination of carbon credits to the monitoring and financing of a project. The following startups were selected:
● Sintropica Capital Natural: pioneer in issuing CPR Verde in Brazil, creating financial products for restoration and conservation with a focus on rural producers, cooperatives and input companies.
● Umgrauemeio: complete solution for fire management, which has as a differential its integrated performance focused on forecasting, detection and management of territorial resources in different biomes to fight fires.
● Quanticum Soil Intelligence: technology that maps agronomic and environmental potential based on natural nanoparticles from the earth.
● Carbon Fair: generates, sells and registers carbon credits through cooperation with local producers and cooperatives.
● Inspectral: operates with geospatial intelligence from the use of satellites and drones to analyze data focused on water, forestry and agriculture.
The acceleration program aims to leverage the growth of solutions with high potential for the agroforestry carbon ecosystem and connect them with the market. Companies such as Vale, Cubo Itaú, EcoSecurities, Instituto Ekos Brasil, Irani, KPTL and Suzano Ventures participated in choosing the selected startups and showed interest in becoming potential business partners.