SGMA Selected for MassChallenge Switzerland 2020 Accelerator
SGMA joins global network of startups
SGMA (Sol-Gel Materials & Applications) is selected to participate in the MassChallenge Switzerland 2020 accelerator program. SGMA was one of over 1’000 other startups to apply for the accelerator located in Lausanne, Switzerland.
Since 2016 MassChallenge Switzerland has been a leader in helping startups across Europe and beyond grow their businesses. To date, the 270 MassChallenge Switzerland alumni have created value for both economies and societies by raising $ 242M in funding, $ 71M in revenue and creating 9,800 (direct and indirect) jobs.
Here is what our CEO & Founder Dr Fanya Ismail had to say ‘We’re delighted to be selected to participate in the accelerator program 2020. It is great to be recognized for our innovative technology, hard work and the high impact our startup is trying to make. This opportunity has come at the perfect time, as we scale up our sustainable solution to address the plastic pollution caused by single use food packaging. `
~Dr Fanya Ismail (CEO & Founder of SGMA)
The global market urgently requires sustainable solutions to tackle plastic pollution and climate change. SGMA delivers solutions that are extracted from sand, sustainable and provides an alternative to plastic and a route to create effective non fossil-fuel based chemicals.
Dr Fanya Ismail was backed by Innovate UK in ‘Women in Innovation 2019’ for ‘using sand extracts to create a plastic-free sol-gel barrier coating’. She is supported by Chairman Stephen Scruton who was Head of Research at HSBC and is Resident Finance Expert at Oxford Foundry, along with Michael Hughes who is currently the UK & Ireland President for Schneider Electric.
We are looking forward to engaging with industry experts, corporates, investors, stakeholders and a global community of change-makers. Stay tuned for updates and follow us on this 4-month entrepreneurship journey!
About SGMA (Sol-Gel Materials & Applications Ltd)
SGMA is a Clean Tech venture with a sustainable solution to plastic environmental waste in food packaging and protecting PCBs in wearable technology. SGMA barrier coating made from sand extracts for fibre-based packaging provides a complete solution to replace single use plastics, eliminate the confusion among customers and fits into the recycling infrastructure of any country. SGMA barrier coating is biodegradable, compostable and recyclable. Learn more about SGMA by visiting https://sol-gel.co.uk/
MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations in Boston, Israel, Mexico, Rhode Island, Switzerland, and Texas. MassChallenge is committed to strengthening the global innovation ecosystem by supporting high-potential startups across all industries, from anywhere in the world. To date, more than 2,400 MassChallenge alumni have raised more than $6.2 billion in funding, generated more than $3 billion in revenue, and created more than 157,000 total jobs. Learn more about MassChallenge at masschallenge.org.