Morgan Stanley picks Nigerian firm as cohort winner – Punch Newspapers

Written by Amanda

Morgan Stanley picks Nigerian firm as cohort winner  Punch Newspapers

Morgan Stanley has named Teesas, a Nigeria-based EdTech startup, among the five winners of the 2022 Sustainable Solutions Collaborative Cohort.

 Teasas will join four other winners to tap into Morgan Stanley’s expertise, networks and resources to help them achieve scale in a yearlong training, where each winner will also receive an award of $250,000 to increase the impact of their initiative.

 The collaborative cohort was launched in 2020 to identify breakthrough innovations that address systemic change to support a sustainable future.

The 2022 Sustainable Solutions Collaborative cohort comprises a diverse group of organisations.

Teesas delivers curriculum-aligned, online educational content to elementary school students across the African continent.

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Other organisations in the group are CarbonBuilt, a startup from Los Angeles, California, delivering a scalable concrete product that reduces embodied carbon by 70 to over 100 per cent compared with traditional concrete, without compromise to performance or production cost; ISeeChange, the data company from New Orleans, Louisiana, that empowers communities to report and track real-life climate change impact; Notpla, a sustainable packaging startup based in the UK, that delivers the convenience of single-use plastics without the environmental impact; and OceanMind, a nonprofit based in the UK that powers enforcement and compliance to protect the world’s oceans.

“Each of these organisations has the potential to scale and contribute to creating the type of systemic change needed to achieve a more sustainable future,” said Matthew Slovik, Head of Global Sustainable Finance at Morgan Stanley.

 “We are thrilled to welcome these visionary teams into the Collaborative and look forward to seeing their solutions scale as the need to reach a sustainable future is at an all time-high,” said Shelley O’Connor, Vice Chairman and Head of External Affairs for Morgan Stanley.

Teesas CEO and founder, Osayi Izedonmwen, said, “Ït is gratifying that Teesas has been recognised by Morgan Stanley as ‘a breakthrough innovation that addresses systemic change to support a sustainable future,’ and even more so as the only African start-up to make the2022 Sustainable Solutions Collaborative cohort.

Source: punchng.com

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