ClimAccelerator Black Sea

Run by Innovation Starter.

ClimAccelerator Black Sea is run from Sofia by Innovation Starter as a hybrid programme of about seven months, May to December in its documented edition, for climate and materials ventures. Funding arrives in three phases: EUR 5,000 grants to eight startups, EUR 20,000 grants to three companies, and a EUR 50,000 Climate-SAFE convertible investment to three companies. That convertible carries a 20% discount and no valuation cap, so no fixed equity percentage is published.

Investment: €5,000 (Below Europe & C. Asia median $54.5k · Below global median $61.3k)
Equity taken: Not disclosed
Duration: 30 weeks (Longer than Europe & C. Asia median 26 wks · Longer than global median 20 wks)
Format: hybrid
Cadence: annual
Location: Sofia, Bulgaria

Sectors

How to apply

Official website

This programme has notes explaining its undisclosed figures, available in the full dataset.

Sources

Every figure above is taken from these pages, published by the programme or its parent organisation.

https://accelerator.bg/climaccelerator-black-sea/ read 2026-09-07 — supports cheque amount, cheque currency, cheque note, equity note, duration weeks, duration note, batch cadence, format, application url, sectors, contact email

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Last verified 2026-09-07.