By Rotem Blanc Inbar | Head of Climate Tech Asia
Many climate startups face the same dilemma.
Corporates want proven solutions before committing to pilots. Investors want commercial traction before investing.
For early-growth stage startups, this creates a classic chicken-and-egg problem.
Over the past year I have been working on this challenge through the SEA-MaP Investment Readiness Accelerator, a World Bank-funded program supporting ASEAN member states in advancing plastic circularity solutions. The program connects promising startups across Southeast Asia with corporates looking to pilot circular economy innovations. Instead of running a traditional accelerator, the program was designed around three principles:
• Demand-driven matching between corporates and startups
• Targeted technical support to close readiness gaps
• Early investor exposure once traction begins to emerge
Running the program across Southeast Asia, from scouting to pilot implementation, provided a front-row view of how corporate-startup collaboration actually works in practice. Some lessons confirmed what we expected. Others challenged the conventional playbook.
In many Western ecosystems, corporate innovation relies heavily on structured scouting processes.
In Southeast Asia, relationships play a much bigger role.
In our experience, most successful partnerships emerged through:
• Ecosystem events - 42%
• Warm referrals - 58%
• Cold outreach - 0%
Being present in the ecosystem, working with respected local partners, and building trust over time proved far more effective than cold outreach. In many cases, the introduction matters as much as the solution itself.
Corporates are rarely comfortable being the first to test a new sustainability solution. But once a recognized industry player moves first, others tend to follow quickly. Across several of our pilot discussions, securing a single credible corporate champion dramatically changed the conversation. Once one company validates the collaboration, others gain confidence to explore similar partnerships. In practice, the first partnership is always the hardest. After that, momentum builds.
There is a common perception that sustainability innovation in Asia is primarily driven by multinational corporations responding to global ESG commitments. Our experience suggests something more nuanced.
With Extended Producer Responsibility (EPR) regulations tightening across ASEAN, many local corporates are actively searching for solutions to manage packaging waste and prepare for future compliance.
At the same time, these companies operate closest to the realities of the waste challenge in their markets. Plastic leakage, recycling gaps, and rising waste management costs are tangible operational issues. With a localized approach, from scouting to engagement, national leaders can become circularity driving force.
When forging partnerships, we initially prioritized large multinationals. Over time, we realised that while large corporates bring scale, structure, and clear pathways to expand solutions across markets, regional small and medium enterprises (SMEs) enable faster decision-making, closer collaboration, and quicker iterations. Balancing both has proven most effective, allowing us to move quickly in the early stages while building toward scalable outcomes in the longer term.
One subtle lesson from working across Southeast Asia is that language matters. Terms like “problem statement” or “innovation challenge” can sometimes create internal resistance. In some corporate cultures, acknowledging a “problem” may feel uncomfortable or politically sensitive. Reframing the conversation as an innovation opportunity or strategic initiative often leads to more constructive discussions. These small linguistic shifts can significantly influence whether a conversation progresses or stalls.
Many innovation programs celebrate the moment a startup and corporate partner agree to collaborate. In reality, that moment marks the beginning of the most complex phase. From our experience facilitating pilots, the real work starts with aligning expectations, defining success metrics, securing internal buy-in, and structuring the pilot in a way that works for both sides. Without careful facilitation, many collaborations stall between the handshake and the pilot.
Across many Southeast Asian business cultures, maintaining harmony and preserving relationships is an important dynamic. When startups and corporates engage directly, friction-prone topics such as IP ownership, exclusivity, or financial expectations may remain unspoken. A neutral facilitator can create the space for these conversations to happen early, before misunderstandings emerge later in the process. In many cases, that neutral role is what turns polite conversations into real collaboration.
Pilots are valuable for technical validation and trust building. But one question matters more than the pilot itself: what happens next?
The most effective pilots are designed from the beginning with a path toward commercial adoption, replication across sites, or integration into existing operations. Without that pathway, even technically successful pilots may remain isolated experiments rather than scalable solutions.
Corporate-startup collaboration is often presented as a structured process with clear frameworks and playbooks.
In practice, success depends just as much on relationships, facilitation, and local ecosystem dynamics. Programs designed around these principles can help startups secure lasting commercial traction, help corporates test real solutions faster, and ultimately unlock investment into climate innovation.
Because in the end, innovation rarely moves at the speed of technology. It moves at the speed of trust.
Not every solution fits into a box. Let’s connect and explore what’s possible – together.