For the fourth consecutive year, the Net Zero Technology Centre is looking to support start-ups active in the clean energy space, including those developing green and blue hydrogen technologies, with up to £100,000 through its TechX Accelerator programme.
Applications for TechX Accelerator opened today (August 23), with 12 selected start-ups set to benefit from both financial support and expert support. With this, the Net Zero Technology Centre hopes to accelerate the transition to net zero.
This year, technology focus areas include renewable energy technologies, such as green and blue hydrogen and other clean fuels, carbon capture, usage and storage (CCUS), digitalisation and technologies that reduce greenhouse gas emissions from the oil and gas industry.
Commenting on TechX Accelerator, Mark Anderson, TechX Director, said, “We are delighted to be opening applications for the fourth year of the TechX accelerator. Innovative start-ups offering game-changing technology solutions will play a pivotal role in accelerating the transition to an affordable net zero energy industry. And for the first time, the programme is solely focused on start-ups developing clean energy technologies.
“I look forward to seeing the ground-breaking solutions that emerge from this next cohort, and the support they can offer in helping the energy industry meet its carbon reduction targets, especially with COP26 happening this year in Scotland.”
Running for 15 weeks in total, the programme will support selected programmes to create a viable product and test the value proposition. It will also help start-ups to secure field trials and pitch the technologies to potential customers.
Organisers said they would like to see 30% of shortlisted start-ups to be led by female founders or co-founders.
Colette Cohen OBE, CEO of the Net Zero Technology Centre, added, “TechX plays an instrumental role in building a thriving entrepreneurial ecosystem and supply chain. Start-ups that tap into the next generation of net zero technologies are key to delivering an affordable net zero energy industry.
“We are committed to expanding diversity in our TechX programme, continuing a virtual format should also support this aim. We are hoping to see strong gender diverse founder teams applying as TechX offers a unique support system which allows start-ups to accelerate their development journey. We look forward to meeting the next cohort and introducing them to the Net Zero Technology Centre’s extensive network, which offers a wealth of knowledge and a world of opportunities.”
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