By If we have to say one thing about innovation in energy is that it keeps flowing. And fortunately, 2023 is no exception: this year will be hosting a brand new edition of Free Electrons. Take a closer look at how startups will work alongside leading energy utilities from around the globe to deliver cutting edge solutions and co-create the future of energy.
Worldwide Utilities and a World of Benefits
This is a global program, in every sense of the word. Free Electrons is run by global utilities, taking applications from startups from all around the world, with a structure designed by modules that facilitate ongoing conversations and allow for opportunities to grow.
Applications are open until January 28, with the virtual Pitch Event happening in March, for a first selection of startups to showcase their solutions. In May, the ones selected to the Bootcamp will be meeting face-to-face in Dublin, with the Master Module taking place in Sydney, Australia only two months after. Finally, the last module designed to firming up negotiations made throughout the year, is to happen in October 2023 (Location TBC).
Besides the program’s international structure, here are 11 more reasons why startups should join Free Electrons this year:
- Test Solutions
And do it in the best company: selected startups get to test their solution in the energy sector in partnership with the program’s utilities; - Develop Pilots
Like before, this is a chance to develop a viable pilot side by side with leading energy utilities; - Receive Feedback
This is an important step to grow: startups get to receive input, feedback and insight into their product/service and business; - Gain Exposure
Since we’re talking about international Utilities, startups are also exposed to their markets: American, European and Asian; - Build Relationships
Free Electrons goes beyond each edition, it’s a community of energy innovation. This is the right space to build relationships within the startup community to share learnings and experiences; - Grow Networks
Immersing themselves both in the local and global ecosystems, startups are growing their networks; - Get Investment
This is an opportunity to sell products to utilities and also to seek investment from them. Deals to date exceed $20m; - Work with Open Innovation experts
There is no innovation without expertise: startups get to work with the open innovation partner Beta-i on strategy, approach and receive advice on pitching to corporates; - Access Mentors & Experts
Given the vast pool of experts in Free Electrons, startups have the chance to access their knowledge; - Get a Prize Money
In the end of the 2023 edition, the winner startup will be awarded with the $200.000 USD prize money; - Power the Future of Energy
While tackling the World’s Energy Problems. Free Electrons aims for a future with smart, clean and accessible energy. This edition aims to address specific key challenges such as Next Generation clean energy, Energy management and efficiency, Sustainable Alternative Fuels and Carbon Management, Smart grids and energy communities, Green Heat Solutions for B2B and B2C, Transport & Industry Electrification, Facility and asset management, and Connectivity & Communication solutions;
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