What we do

The ICFA is a 2 year acceleration program for start-up climate finance fund managers.

We select one cohort of maximum 4 fund managers each year and provide them with the following support:

Support envelope

An envelope of EUR 80 000 to be used with our Luxembourg private partners to set up and further develop your fund project in terms of legal structuring, risk management, impact strategy, etc. The EUR 80 000 will be reimbursed once your fund is launched.

Working capital loan

A loan of EUR 200 000 from a Luxembourg bank, guaranteed by the Luxembourg State, to be used as working capital for fundraising, marketing, team development, pipeline building, etc. The loan will be reimbursed over a period of 5 years once your fund has been launched.

Training workshops

5 full days of free training with our private partners over the course of the first year.


An experienced coach, who will dedicate time for you and your team for specific advice & feed-back on your fund project.

Working desk

A working desk at the House of Start-ups (www.host.lu) in Luxembourg, bringing together actors of change: start-ups, innovation hubs, accelerators, experts and corporates.

Key benefits


By getting access to fundraising support.


By being regularly featured and presented in dedicated climate finance media and events.


By being selected by a recognised team of public and private experts and benefiting from the knowledge and expertise of the Luxembourg climate finance eco-system.


By sharing your experience with like-minded climate finance managers.