Circulate Capital Launches Incubator Network to Accelerate Ocean Plastic Solutions at the Ocean Partnership Summit alongside the G7 Environment Ministerial Meeting
September 20, 2018
Initiative is supported by a new grant from the U.S. State Department
Halifax, CANADA, September 20, 2018 – Circulate Capital, the impact-focused investment management firm dedicated to financing companies, projects, and infrastructure that prevent ocean plastic (“Company”), and SecondMuse, a global business accelerator that works with local stakeholders, leading corporations and government agencies to build resilient economies , today announced the launch of The Incubator Network by Circulate Capital and SecondMuse (“The Incubator Network”), a new initiative to accelerate solutions to ocean plastic waste by partnering with existing incubators to build ecosystems of waste management and recycling innovators. The Company and SecondMuse developed The Incubator Network in partnership with Ocean Conservancy, a leading ocean protection nonprofit; it is supported by a new grant from the U.S. State Department. The Incubator Network’s first collaborative project, the Ocean Plastic Prevention Accelerator, is also supported by the Australian Government’s Department of Foreign Affairs and Trade.