ShelterTech Accelerator

The world’s leading platform for affordable housing innovation

 

We help ambitious entrepreneurs disrupt the affordable housing market. 

Accepting applications until October 19, 2020 11:59PM.

Find  out more at shelter-tech.org

ShelterTech accelerator is a program designed to support entrepreneurs who are solving the most pressing issues in shelter through innovative, scalable solutions. Through a dedicated program, enterprises will receive customized support to strengthen and scale their solutions through bespoke business mentorship, one-to-one industry mentors, connections to market partners, and unparalleled investment readiness support. Selected enterprises will also have access to Catalytic Funds to conduct lean experiments through the program. 

The accelerator is part of ShelterTech’s innovation platform that brings together ecosystem builders, partner corporations, investors and sector experts in rolling out initiatives to maximize a venture’s market-readiness, growth and funding opportunities.  Habitat for Humanity’s Terwilliger Center for Innovation in Shelter has partnered with Villgro Philippines to bring the accelerator program to Southeast Asia, in collaboration with Global Urban Village. Villgro brings its 20-years of experience in funding and mentoring over 300 enterprises in Asia and Africa, helping them scale business models and succeed in the market and raise institutional investment while creating a direct impact on the lives of the marginalized. Villgro Philippines is joining hands with Global Urban Village, bringing the team’s specialized expertise in taking innovations in housing to market and focused investment readiness advisory. 

We help ambitious entrepreneurs disrupt affordable housing

What’s inside

Resilience & Growth Strategy

Funding

Cutting-edge Curriculum

Investment Readiness

Business & Industry Mentorship

Access to Investors

Global Peer Community

Market Partnerships

Why ShelterTech

  • Globally, 1.6 billion people live in inadequate shelter, a number that will increase to 3 billion by 2050, if no action is taken now.
  • In Southeast Asia, an estimated 36 million people still live below the international poverty line.
  • In this critical moment in history, the world recognizes more than ever the link between health and housing.
  • Innovation is critical to solve existing housing and sustainable development challenges, globally and especially in a rapidly growing region like Southeast Asia. 
  • Entrepreneurial solutions in shelter typically target middle and upper income segments, while the affordable segment lacks adequate solutions. 
  • Need of the hour is to unleash the potential of innovation to address intractable challenges in affordable housing.
  • Entrepreneurs addressing the affordable segment need support to navigate the market and connect to investors and market partners to create impact at scale. 

    ShelterTech accelerator aims to:

    • Support startups and scaleups to grow into successful forces within affordable housing.
    • Bring together ecosystem builders, partner corporations, investors and sector experts to maximize startup’s market-readiness, growth and funding opportunities.
    • Provide catalytic funds to help enterprises refine solutions to create an ideal product-market fit.
    • Connect a community of entrepreneurs digitally with global networks, peer learning, ongoing mentorship opportunities, engagement with sector experts, and funding or recognition opportunities.
    • Create a pipeline of scalable and investable enterprises in housing for the ShelterTech Venture Fund and make housing one of the top five impact investment categories within five years.

      Who we are looking for

      Innovative for-profit enterprises that:

      R

      Are solving a key challenge to improve the livability and affordability of housing for low-income families

      R

      Are in the prototype, startup, or scale-up stages and have at least a minimum viable product (MVP) or meaningful customer validation

      R

      Are based and operating in Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, or Vietnam.

      R

      Are looking to strengthen and scale their businesses

      R

      Are committed to creating a responsible, inclusive, and impactful enterprise

      What we prioritize

      We are open to innovations that have the potential to disrupt the affordable housing sector. However, we are most passionate about these sectors:

        Core Housing

        Materials

        Better-quality, more durable products that reduce waste, cost, and time in the construction or house repair process.

         

        Labor

        Training, standardization, techniques, safety, and monitoring

        Finance

        Credit products and assessments and alternatives to ownership, such as renting

        Land

        Titling access, tenure, and transparency of information

        Markets

        Improved transaction and supply chain practices for new or repaired housing

        Allied Services

        Water and sanitation

        Clean water and sewage treatment, using cost-effective, efficient models

         

        Energy

        Off-grid, smart homes, and alternative and clean sources

        What we offer

        The ShelterTech accelerator provides stage agnostic support and funding opportunities to innovative shelter enterprises in Southeast Asia.

        Acceleration Phase

        December 2020 to March 2021

        The core program will focus on analyzing, improving and upskilling the individual business needs of the ventures. During this phase, each venture is provided stage-agnostic and customized mentorship, masterclasses, peer learning sessions with your region’s cohort, as well as prototyping support through catalytic funds. As we continue to battle COVID-19 in the region, we currently plan to deliver all of our support digitally. 

        Ecosystem Phase

        April to June 2021

        While the acceleration support continues, the emphasis on connections and partnerships between ventures and the ecosystem (partners, supporters, investors, corporates). Activities will include investment readiness training, investor roadshows, dialogues, an impact showcase and others. 

        Global & Alumni Phase

        July 2021

        The program offers a cross-regional, peer-to-peer experience, where ventures can exchange knowledge, open markets for each other, and work with Habitat’s global donors and partners. ShelterTech Southeast Asia participants will have the chance to engage with a global community of current and past ShelterTech cohorts from the Andean region, India and East Africa, where ventures will share learnings, connection opportunities and other online and offline engagement channels. 

        How does it work

        A custom group of mentors and experts relevant to each enterprise will be assembled to deep dive into the model and surface risks and opportunities. The panel along with the team will create an acceleration plan with actionable and measurable lean experiments. 

        Learning Labs are immersive knowledge workshops facilitated by experts delivered through a high-impact curriculum focused on business resilience, growth planning and financial management. Entrepreneurs will attend 3 Labs virtually, over the course of 6 months along with peers. 

        Monthly online sessions will be hosted by leading experts on key topics to help you upskill as a leader focused on business growth and affordable housing. Topics will range from design thinking to product development to supply chain and marketplaces to impact management.

        Each participant enterprise will be assigned a business mentor, who is an experienced entrepreneur, intrapreneur, or industry expert. Each mentor will support the entrepreneur to implement the growth plans, to discuss and brainstorm solutions to challenges, and work on exercises and activities from the masterclasses and Learning Labs. 

        Each participant enterprise will be also assigned a sector mentor, who will provide expertise on addressing livability and affordability in the housing market and guide enterprise teams on their lean experiments throughout the duration of the program.

        Catalytic Funds

        Participating enterprises will each get USD 10,000 through ShelterTech’s catalytic funds. The funds provide startups the opportunity to pursue pilots of new business models and refine product-market fit, get them closer to customer segments, and attract new sources of capital and investments.

         

         

        Shelter Venture Fund

        Habitat has its own in-house Shelter Venture Fund that aims to accelerate entrepreneurs’ pathways to reaching low-income families with products and services that improve their housing conditions. Past participants of ShelterTech accelerator have been able to successfully raise funding through the Shelter Venture Fund following the program.

        Entrepreneurs will receive investment readiness support to prepare the business to raise external capital. Financial experts will work with the team on strengthening compliance, and internal financial systems, developing financial forecasts and models for the business, and set up and monitor key metrics that investors focus on.

         

        Through the program, enterprises will develop financial projections and scale-up plans, refine their investment ask, and prepare for investor pitches. We will then facilitate meetings and connections with potential investors and/or market partners in the final phase of the program based on the needs of the business. Entrepreneurs will also have an opportunity to present their businesses and achievements to different stakeholders at the program culmination, the Impact Showcase.

        Participant enterprises will get to build linkages and connections to market partners globally and across the region who can unlock new customer segments, funding opportunities, and synergies between corporations, intermediaries, and other startups. 

        Participant enterprises will get to interact with other sheltertech entrepreneurs from different regions through learning sessions with integrated peer learning mechanisms to facilitate knowledge sharing and learning from each other’s experiences, as well as opportunities for collaboration.

        Timeline

        Why you should apply

        Apply now to join the world’s leading platform for affordable housing innovation. Spanning across Asia, Africa and Latin America, it is designed to build and advance a thriving, connected affordable housing ecosystem. A sector-specific accelerator, ShelterTech combines Habitat for Humanity’s decades of global experience, extensive network and expertise in the industry and Villgro’s tried and tested methodology, tools, and investor networks to help ventures scale, succeed and raise venture capital. 

        Each selected venture will get: 

        • Business and leadership training & tools
        • World-class business mentors and sector advisors
        • Guaranteed funding of USD 10,000 and access to in-house venture capital 
        • Partnerships with corporations and industry networks
        • Robust global alumni network and connections

        About us

        The Terwilliger Center for Innovation in Shelter, a unit of Habitat for Humanity International, works with housing market actors to expand innovative and client-responsive services, products and financing so that households can improve their shelter more effectively and efficiently. The goal of the Terwilliger Center is to make housing markets work more effectively for people in need of decent, affordable shelter, thereby improving the quality of life for low-income households.

        To learn more, visit habitat.org/tcis.

        Villgro Philippines is an early-stage impact enterprise incubator that mentors, funds, and nurtures entrepreneurs who are building innovative market-based solutions that can transform the lives of the poor.  Our incubation and acceleration model is designed to provide highly customized early-stage support that is anchored in access to risk capital, high quality mentoring, investment readiness and access to talent, networks and markets.

        Villgro Philippines is an early-stage impact enterprise incubator that mentors, funds, and nurtures entrepreneurs who are building innovative market-based solutions that can transform the lives of the poor.  Our incubation and acceleration model is designed to provide highly customized early-stage support that is anchored in access to risk capital, high quality mentoring, investment readiness and access to talent, networks and markets.

        Global Urban Village is a capacity building consulting and seed investment company with a mission to empower entrepreneurs from diverse backgrounds with the knowledge and capital to build successful businesses. We support entrepreneurs and organizations in Southeast Asia who are contributing to sustainability and improving quality of life, with an emphasis on in-country and women-led businesses.

        Global Urban Village is a capacity building consulting and seed investment company with a mission to empower entrepreneurs from diverse backgrounds with the knowledge and capital to build successful businesses. We support entrepreneurs and organizations in Southeast Asia who are contributing to sustainability and improving quality of life, with an emphasis on in-country and women-led businesses.

        Frequently Asked Questions

        I am working on my idea. Can I still Apply?

        Idea-stage companies are welcome to apply, provided they have an existing minimum viable product (MVP) or have done some form of customer validation already.

        What stage do I need to be exactly in to be eligible?

        The program is open to both startups and scale-ups. ShelterTech accelerator is looking for startups working on shelter issues that already have a minimum viable product or have done some form of customer validation. Startups applying must have clear intentions of growing and scaling, with plans on how to achieve this. Scale-ups with demonstrated traction and revenue and are looking to grow and raise funds are eligible for the program.

        Does my enterprise need to be legally registered to be eligible for the program?

        Yes. Enterprises applying to the ShelterTech accelerator program must be registered for-profit companies in their respective countries.

        Do I get guaranteed funding if I am selected?

        Yes! Each selected enterprise will receive USD 10,000 in guaranteed funding from Habitat’s catalytic funds. The funds will support entrepreneurs to further refine and test their business models and will provide a launchpad for them to access follow-on funding. Enterprises in the program will receive investment readiness training and meet various investors within our network for additional funding opportunities in the future.

        Will any sessions take place in-person?

        No. In observance of social distancing and quarantine measures, the ShelterTech accelerator program in Southeast Asia will be delivered virtually. But this won’t take away from the overall experience, as we’ve prepared loads of engaging activities throughout the program with a blended learning approach and a focus on building linkages and connections with peers, alumni, mentors, partners, and investors. Some learning activities will be provided through recorded materials, while others will be delivered live. Customized support such as mentorship sessions will be scheduled based on the entrepreneur’s availability and suited to their requirements and needs.

        There is such a shelter in each other.

        ZADIE SMITH

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