Sage Foundation and Village Capital have announced the winners of $170,000 in grants awarded to six startups from the inaugural cohort of the Sage Impact Entrepreneurship Program. This milestone marks a significant step in Sage’s three-year initiative to support 165 purpose-driven startups globally.
The grants were awarded during the Sage Impact Entrepreneurship Summit, held June 4–5 in Atlanta, GA. The event brought together founders from the program’s Core Cohort, startups based across the U.S., U.K., and Europe that are tackling critical challenges at the intersection of sustainability and social impact. Among the winning companies are:
- Mi Terro (Los Angeles, California): Leverages big data to create compostable, fossil-fuel alternative biomaterials made from plant-based agricultural waste.
- Cellsense (Somerville, Massachusetts): Transforms algae and cellulose into compostable beads to offer a sustainable alternative to microplastics used in design and cosmetic industries.
- Witching Hour (Knoxville, Tennessee): Helps power companies prevent wildfires using a robotic system to install advanced materials over existing power lines.
The Sage Impact Entrepreneurship Program provides underrepresented entrepreneurs with mentorship, funding, and tools to scale their businesses. Each participating startup pitched its business model during the Summit, with winners selected through a peer-review process. Two additional audience-choice awards were also granted by Sage Foundation.
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