TechX Clean Energy Accelerator

TechX’s Clean Energy Accelerator is an intensive 15-week programme for 12 innovative clean energy start-ups with clear potential to significantly accelerate the transition to an affordable net zero energy industry.

Funding Details
When

Registration Opens

01/08/2022

Registration Closes

09/10/2022

Award

Up to £100k grant per start-up

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Eligibility

The entry criteria are:

  • Start-ups’ technology solutions must be at a technology readiness level (TRL) of 2 to 6 inclusive in order to be eligible for the Accelerator. We will accept applications from start-ups that have developed other technologies at higher TRLs as long as the innovation they are applying with is TRL 2 to TRL 6.
  • Start-ups can be based anywhere as the programme is delivered virtually, but all participants must work to a GMT time zone. In-person attendance in Aberdeen UK is expected for 3 weeks (first week, last week and a week in the middle).
  • The TechX Clean Energy Accelerator is a 15-week full time intensive programme. At a minimum one founder will need to be available full-time during the 15 weeks to take part in the programme. A maximum of two employees (including one founder) may participate in the programme.
  • Start-ups may not participate in other accelerators during the TechX Clean Energy Accelerator programme.
  • Start-ups will only be considered if they are developing clean energy technologies that fit one or more of our technology focus areas, set out below.
  • Start-ups located outside the UK must be able to communicate clearly how they plan to benefit the North East Scotland and UK economies. They will need to incorporate a UK company before the start of the programme.
  • All start-ups must be inclusive and diverse or open to building diverse teams. Read more about our diversity and inclusion initiative.

Technology focus areas

  • Renewable energy technologies, hydrogen, other clean fuels and green chemicals
  • Carbon Capture, Usage and Storage
  • Digitalisation
  • Oil and gas emissions reduction technologies

Programme benefits

As a start-up on the programme, you will receive a grant of up £100,000* and expert support from delivery partners and mentors on:

  • Testing your value proposition and business model with technical experts from potential industrial customers across the value chain.
  • Creating a prototype or minimum viable product.
  • Pitching to potential customers at our final showcase Demo Day.
  • Securing field trials to pilot your solution with the industry including bp, Equinor, ADNOC and our other partners.
  • Structuring capital raising and pitches to investors, before putting it into practice on Investor Day.
  • Building diverse teams.
  • Connecting into the Net Zero Technology Centre’s extensive energy industry network and maximising the benefit.
  • Creating and developing your brand.
  • Structuring your business optimally from a legal and tax perspective.
  • Complying with regulation and anticipating regulatory changes.
  • Protecting your IP, developing an IP strategy and applying for patents.

Start-ups also have access to the TechX Growth co-working space in Aberdeen and further business support for two years post-graduation.