The Circulars Accelerator is a global initiative of Accenture run in collaboration with the World Economic Forum and supported by Anglo American, AWS and Ecolab.
Visakhapatnam, Wednesday, 08 Mar 23, – GreenJams, the award-winning clean construction technology startup behind Agrocrete®, the world’s first verified carbon-negative construction block has emerged as one of the winners of The Circulars Accelerator 2023. An initiative of Accenture, The Circulars Accelerator is run in collaboration with the World Economic Forum and UpLink with support from Anglo American, AWS and Ecolab. GreenJams joins a prestigious cohort of 16 global startups blazing the circular economy trail. The program’s application process is highly competitive, attracting more than 300 global applicants in 2023.
The Circulars Accelerator aims to accelerate the transition to a circular economy by providing startups with the necessary resources to scale up their innovative solutions and create a positive impact on the environment. The winners were announced by the World Economic Forum in a globally live-streamed event from Davos, Switzerland.
“We are on a highly ambitious mission to remove 10% of global carbon emissions,” says Tarun Jami, Founder & CEO, GreenJams. “Emerging as one of the winners of The Circulars Accelerator 2023 has us all reinvigorated and reinforced our belief in our mission. With support from the program we now start making strides to foray internationally, enter the voluntary carbon markets, and fine tune our franchising model.”
The Circulars Accelerator offers startups the opportunity to work with some of the world’s leading companies to scale their solutions and accelerate their growth. As part of the program, GreenJams will receive mentorship and support from the World Economic Forum’s Circular Economy program, access to a network of industry experts and investors, and opportunities to showcase their innovative business model to global audiences.
“We are elated to be a part of The Circulars Accelerator, and look forward to connecting with the mentors and advisors as part of the program,” says Varun Jami, Co-Founder & COO, GreenJams.
GreenJams’ win at The Circulars Accelerator 2023 is a significant achievement for the startup and serves as validation of their efforts to create sustainable building materials. GreenJams has also gained significant attention for its pioneering work and has received global laurels from Meaningful Business 100, Forbes 30 under 30 Asia, and Clean Energy Challenge: What Design Can Do. The startup’s innovative approach to produce high performance construction materials out of by-products will create a positive impact on the construction industry and inspire more businesses to adopt circular practices.
About GreenJams:
GreenJams is bringing high-quality, thermally insulating and carbon-negative building materials to the market, helping the construction industry lower its carbon footprint, save costs, and benefit socio-economically marginalized communities. Backed by almost half a decade of research and technological innovation, GreenJams is reversing climate change by changing how building materials are manufactured. Today, they’re paving the way for the future built environment to become carbon-neutral and solving the acutely impacted public health through the prevention of crop residue burning. Recognizing their impact, GreenJams was listed on Forbes Asia ‘30 Under 30’. They are supported by the Ministry of Housing & Urban Affairs, Ministry of Science and Technology, Ministry of Agriculture and Farmers’ Welfare, and Agence Française de Développement. GreenJams is also supported by TCIS-Habitat for Humanity, Villgro Innovations Foundation, Punjab Agri-Business Incubator and A-Idea NAARM. The company is headquartered at Visakhapatnam, Andhra Pradesh, India. Learn more at www.greenjams.org, and follow on Facebook, Instagram and LinkedIn.
Access our Media Kit here
