Village Capital and Habitat for Humanity’s Terwilliger Center for Innovation in Shelter are excited to announce the launch of the ShelterTech 2017 program in Mexico. Habitat for Humanity is a leading global nonprofit working in nearly 1,400 communities throughout the U.S. and in nearly 70 countries; they started the Terwilliger Center for Innovation in Shelter to advance market-based solutions for affordable shelter around the world.
The program will provide support to 12 startups working in the area of energy, water, and general housing construction technology, and will work to grow their businesses, connect with mentors and advisors, and gain exposure to investors.
Applications for the Village Capital business development program are now open.
Access to water, energy and housing is not only a universal human right; these are also basic needs that must be met for nations to develop. Unfortunately, with nearly 65 million Mexicans living on less than $615 dollars a month, many families suffer from unsafe housing, limited access to water, and lack of access to energy. While the Mexican government has made substantial strides in improving access to basic utilities over the last 20 years, there remains an enormous market potential to provide cheaper, smarter solutions for marginalized populations that have limited access to adequate utility and housing infrastructure.
This Spring (April – June), Village Capital is partnering with Habitat for Humanity’s Terwilliger Center for Innovation in Shelter to find, train and support the most promising entrepreneurs addressing challenges in housing, water and sustainable energy for marginalized Mexican populations.
ShelterTech Mexico 2017 is a 12-day investment readiness program spaced over three months that supports entrepreneurs with our award-winning program curriculum, one-on-one mentorship from sector leaders, and tailored engagement with potential strategic partners and investors.
At the end of the program, the top two ventures, based on a peer-rank, will be offered US$50,000 investment from Terwilliger Center of Innovation in Shelter.
Lack of access to basic utilities and housing in Mexico can have devastating effects not only to the well-being of its people, but a damaging impact to the nation’s economy and economic growth. Increasing marginalized populations’ access to energy, water and shelter benefits productivity, health, dignity, and improves economic empowerment. That is why Habitat for Humanity in partnership with Village Capital is launching its first ever ShelterTech Mexico Program seeking entrepreneurs with market-based solutions that provide better access to basic utilities for marginalized populations.
Some examples of sectors and companies we are considering are:
Energy: Startups increasing access to energy for underserved communities, improving the adoption of clean technologies, or startups creating new business models for households or businesses to manage their energy consumption.
Water: Startups increasing access to potable water, providing innovative water management tools and processes, or building new products for households or business that conserve water resources or combat water pollution.
Housing: Startups disrupting the housing industry with alternative building supplies that value resource conservation, improve access to low-income housing, or improve the quality and living conditions of people in underserved areas such as improved sanitation.
Eligible enterprises must:
- Have at least one full-time team member based in Mexico
- Have a minimum viable product (MVP)
- Have meaningful customer or business validation (not limited to revenue, can also be successful pilot studies, number of users, and/or strategic partnerships)
Program Dates (all held in Mexico City):
Workshop 1: April 25 – April 28
Workshop 2: May 23 – May 26
Workshop 3: June 20 – June 23