Climate solutions
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BFA Global: Spurring innovation for climate resilience
In a nutshell
| Location | Mexico |
|---|---|
| Sustainable Development Goal | Climate Action |
Project timeline
"Project is 9.3333333333% completed "
The challenge
Baja California's Gulf of California, a UNESCO World Heritage marine site, faces growing threats from climate change, overfishing and pollution. Rising sea temperatures, plastic waste and invasive sargassum are damaging ecosystems and jeopardizing livelihoods such as fishing and aquaculture.
Entrepreneurs in the region often operate with limited infrastructure, financing, and tailored support, especially in climate and nature-based sectors. The regional startup ecosystem is still underdeveloped, with few accelerators, networks or investor pipelines to help founders grow their businesses. As a result, many high-potential ventures stall at early stages, unable to prove market viability or access investment.
To address this gap, BFA Global launched the Triggering Exponential Climate Action (TECA) México programme to support local entrepreneurs building climate solutions. The first wave focused on enabling ventures in sustainable aquaculture, marine restoration, circular economy and regenerative tourism to scale their impact, attract investment and improve community resilience along Mexico's vulnerable coastlines.
The approach
Building on the success of Wave 1, BFA Global's TECA initiative continues to foster climate resilience innovation in Baja California with support from the Swiss Re Foundation. TECA México Wave 2 combines a new cohort programme with targeted follow-on funding for three top-performing alumni ventures from Wave 1.
This wave will support 40 early-stage entrepreneurs working on marine and coastal climate solutions. Participants will receive venture-building training, mentorship and catalytic funding to develop impactful, resilient businesses.
In parallel, the three standout ventures from Wave 1 will each receive a tailored “Double Down” package – up to USD 50 000 in milestone-based grants and bespoke support to strengthen their market traction and investment readiness.
To further boost the local ecosystem, TECA will partner with incubators, accelerators, research centres and investors to share knowledge and build a stronger pipeline for climate innovation. Tools and insights from this wave will also inform efforts to replicate the TECA model in other coastal regions across Latin America.
Goals and expected impact
Wave 2 aims to support 40 new climate innovators and provide follow-on funding to three top ventures from Wave 1. The goal is to incubate10 new businesses and scale 3 alumni ventures focused on coastal resilience. With catalytic support from the Swiss Re Foundation, these alumni will receive up to $50,000 each in milestone-based grants and tailored venture-building support. Impact will be tracked through capital raised, jobs created, and progress on adaptation, biodiversity and carbon goals – measured using key performance indicators such as beneficiaries reached, resilience outcomes and investment leverage.
Relevant links
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