Booking.com launches fund for sustainable travel startups1 min read . Updated: 03 Feb 2020, 11:19 PM IST
- Start-ups for funding will be selected through the travel platform’s accelerator program
- Participants with innovative products and services, including accommodation, will have a chance to win grants from the company’s ₹18.5 crore fund
NEW DELHI : Travel platform Booking.com Monday announced a ₹18.5 crore fund for startups offering solutions in sustainable travel and accommodation.
The startups will be selected through its accelerator ‘2020 Booking Booster program’ which will bring together startups, social enterprises, and non-profit organizations to explore solutions to build sustainable accommodation. Participants with innovative products and services, including accommodation, will have a chance to win grants from the company’s ₹18.5 crore fund, Booking.com said.
“With the 2020 Booking Booster programme, we’re excited to be championing innovative solutions that help our accommodation partners adopt sustainable practices. It’s not only what our customers want, but our partners, as well," said Rob Ransom, V-P of strategy and corporate development at Booking.com.
Booking Booster 2020 will have two complementary 10-day programmes focused on sustainable accommodation in May and September.