Sustainability

Bord na Móna reveals eight Accelerate Green participants

Programme has supported 25 innovators over last two years
Trade
Image: Shutterstock

29 January 2024

Bord na Móna has announced the eight rising green businesses from across Ireland taking part in its 2024 Accelerate Green Programme. Delivered by Bord na Móna in conjunction with Resolve Partners, the pgogramme is dedicated to scaling early-stage enterprises, SMEs and start-ups that are leading the response to climate action and sustainability. The rollout of Accelerate Green is part of Bord na Mona’s €5 million commitment to support the growth of Ireland’s rising green innovator network between 2022 and 2025.

The eight companies selected to participate in this year’s Accelerate Green programme include: ACEL Energy, Voltclub Renewables, Konree Innovation, Weev, SomaTech, I/O Agri, AffinityEV and Universal Graphics. The chosen companies are based throughout Ireland and are all delivering unique green innovation that caters to a range of business needs across multiple industries in Ireland and internationally. These industries range from renewable energy and sustainable agritech to EV charging and food fermentation.

As part of the programme, the eight companies will undergo a series of immersive learning sessions and mentoring workshops across eight weeks in the dedicated Accelerate Green hub in Boora, Co. Offaly. Participants will engage with a diverse range of speakers including representatives from enterprise and energy agencies, Irish corporate entities, research networks, investors, as well as gaining access to senior leaders from across Bord na Móna’s business. The participants will also gain insight into Bord na Móna’s commercial expertise and learnings as a business that has fully transitioned from Brown to Green – pivoting from a traditional peat business to a leading climate solutions and renewable energy company.

 

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Twenty-five Irish businesses have completed the programme since it launched in 2022 and the majority of these have continued to scale their offering of green products or services in the meantime. Many of the alumni businesses have also gone on to receive prestigious industry awards due to their continued growth, innovation impact and success and a combined total of 353 jobs have been created by the participating businesses.

Tom Donnellan, chief executive, Bord na Móna, said: “This year’s participants are inspiring examples of the high standard of innovation in the Irish sustainability space today. Among the climate-focused innovations offered by these eight businesses, we have everything from sustainable farming solutions and aquaculture technology, to EV charging solutions, showcasing the way in which green innovation can create solutions for so many sectors, businesses and the wider public.

“As a company that has scaled its renewable energy and climate solutions offering significantly, we have learned a lot along the way and are keen to share our insights with these rising businesses through our Accelerate Green Programme, while also helping them to build a network of peers to support them on their individual scaling journeys. It is the success of these businesses and those that have participated in Accelerate Green to date that will help wider efforts to facilitate our transition to a low carbon, climate resilient and environmentally sustainable economy.”

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