A $4.7- million grant funding for 17 innovative startup partnerships announced at the P4G Vietnam Summit

At the opening session of the 2025 P4G Vietnam Summit, held in Hanoi on April 16 afternoon, P4G’s Executive Director Robyn McGuckin announced $4.7 million in grant funding for 17 innovative startup partnerships in Africa, Latin America and Southeast Asia.

This financing will help early-stage businesses become investment-ready, enabling them to scale climate solutions like sustainable agriculture, food loss and waste, energy storage solutions and water security.

P4G’s model of providing early-stage funding and technical assistance aligns with this urgent need to mobilize climate investment. By bridging early-stage finance gaps, these startups can attract further capital and drive systemic change across key sectors. By 2027, these partnerships aim to collectively leverage $42 million in investments, create over 4,500 new jobs, benefit about 830,000 people and reduce or avoid around 450,000 metric tons of carbon emissions.

Addressing the event, Ms. Robyn McGuckin stated that since its establishment in 2018, P4G has supported early-stage startups, especially in developing countries. In addition to providing technical assistance and funding, it also connects businesses with public-private partnership mechanisms to help them overcome barriers related to funding, policies, and human resources.

“Startups can play a catalytic role in advancing the climate transition, yet they remain significantly underfunded,” said Ms. Robyn McGuckin. “With P4G’s specialized support, these startups will scale investable adaptation and mitigation solutions that will not only build resilience in climate-vulnerable regions but also create pathways for sustainable economic growth and private-sector investment.”

P4G connects early-stage startups to nonprofits and technical specialists who can help them strengthen their market understanding, business proofs and Environmental-Social-Governance strategies to make their solutions more attractive to investors. These new P4G partnerships will focus their efforts on Colombia, Ethiopia, Indonesia, Kenya, South Africa and Vietnam.