Morgan Stanley picks Nigerian company as cohort winner

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

Teasas will join four other winners in leveraging Morgan Stanley’s expertise, networks and resources to help them grow in a year-long training, where each winner will also receive a $250,000 to increase the impact of its initiative.

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

The 2022 Sustainable Solutions Collaborative cohort includes a diverse group of organizations.

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

The other organizations in the group are CarbonBuilt, a startup in Los Angeles, California, which offers a scalable concrete product that reduces embodied carbon by 70 to over 100% compared to traditional concrete, without compromising on performance or cost. of production ; ISeeChange, the New Orleans, Louisiana data company that enables communities to report and track the real impact of climate change; Notpla, a UK-based sustainable packaging startup that offers the convenience of single-use plastics without the environmental impact; and OceanMind, a UK-based nonprofit that powers enforcement and compliance to protect the world’s oceans.

“Each of these organizations has the potential to evolve and help create the kind 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 to the collaboration and look forward to seeing their solutions evolve as the need to achieve a sustainable future is at an all-time high,” said Shelley O’Connor, vice -president and head of external affairs. for Morgan Stanley.

CEO and Founder of Teesas, Osayi Izedonmwen, said, “It is gratifying that Teesas has been recognized by Morgan Stanley as ‘a breakthrough innovation that addresses systemic change to support a sustainable future’, and even more so as the only start- up to make the 2022 Sustainable Solutions Collaborative cohort.

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