FAQs
Aletheia Climate Prize
What is the Aletheia Climate Prize?
The Aletheia Climate Prize supports ambitious Pakistani climate and environmental ventures with catalytic funding to help accelerate their growth and impact.
What is the prize amount?
The selected business will receive a grant of US$25,000.
Who can apply?
Registered, for-profit businesses operating in Pakistan, with a meaningful climate or environmental contribution. Businesses must be Pakistani-founded or have substantive operations in Pakistan.
Which sectors are eligible?
All industries are welcome, provided the business makes a meaningful contribution to climate action or environmental sustainability. This may include but are not limited to clean energy, agriculture, water, waste and circularity, nature-based solutions, climate adaptation, and other relevant areas. We are also open to industries such as sustainable fashion, ecotourism, air quality – essentially if you think you have an impact, apply.
What stage should my business be at?
Applicants must have launched a minimum viable product (MVP) or working product or service that has been tested in the market. A formal pilot programme is not required.
How much funding can my business have raised?
Businesses must have raised less than US$1 million in total external funding.
Are there financial eligibility requirements?
Yes. Applicants should have an annual business budget below approximately US$400,000.
Do applicants need to demonstrate financial sustainability?
Applicants must have at least three months of operational runway or an active revenue stream.
How will applications be assessed?
Applications will be assessed on the strength of the business model, climate or environmental impact, innovation, market traction, growth potential and the team’s ability to execute.
Can I apply if my business operates across multiple sectors?
Yes. Businesses operating across multiple sectors are welcome, provided they demonstrate a clear and meaningful climate or environmental contribution.