Deadline: 2-Jul-23
Braid Theory is seeking applications for the Zero Emission Challenge & Venture Studio Accelerator Program.
Zero Emissions Challenge that will lead into a Venture Studio designed for teams looking to deliver a pilot project, and validate their 6 – 9 TRL solutions. Startups must be willing and able to travel to implement their pilot and attend the IGNITE22 summit in San Pedro, California. This challenge and venture studio is only for startups delivering solutions for zero emissions in maritime.
A 2% – 3% warrant is taken in each company accepted into the program, for 3 – 5 years depending on TRL.
Focus Areas
- Braid Theory focuses on industries and adjacencies in the Blue Economy, where they have been a long established leader and expert, with a proven track record of success with startups and scale-ups, and can provide exceptional value, domain expertise, and connections to industry.
- Braid Theory concentrates on 3 key areas for success, and teams should be prepared to focus on these 3 areas when accepted into the program:
- Strong and defensible IP,
- Business model, and
- Product-market fit
Benefits
- Startups will work with a team of advisors and instructors on reaching milestones, to accelerate business growth, that puts teams on a path to commercialization, and work with partners to find a path forward for your solution, including pilot project and partnership opportunities.
- Access to the unique waterfront facility, located at the AltaSea at the Port of Los Angeles campus, which includes access to the waterfront, test-beds, and platforms for ocean observing and robotics, and a Coworking Space.
- Package of services valued at over $250k, including use of waterfront space and instruments, legal services package, perks and program support.
Eligibility Criteria
- Tech and science founders from underrepresented communities are strongly encouraged to apply, as well as first-time founders!
- All teams must actively participate in the curriculum-based instruction as a requirement to implement their solution in a pilot. All mutually agreed upon milestones and timelines will developed by the problem owners, Braid Theory, and the startup. Solutions must be out of the lab and implemented in a pilot no later than February 2024.
- Teams should have at least one PI (Principal Investigator) co-founder, one EL (Entrepreneurial Lead) co-founder; two founders are required. Teams do not have to be located in the US to apply; however, at least one team member should be prepared to travel to Los Angeles to participate and implement the pilot.
- Looking for companies:
- in Carbon Reduction, Clean Energy, Energy & Cleantech, Cleantech, Carbon Capture, Marine, Maritime Transport, Maritime Shipping, Maritime Logistics, Ocean Ecology, Ocean Pollution, Maritime Energy, BlueTech, Emissions Monitoring, Carbon Neutral, Emissions Management, Carbon Management, Carbon Sequestration, Carbon Mineralization
- located in Detroit (United States), Houston (United States), Los Angeles (United States), New Orleans (United States), Sacramento (United States), Africa, Asia, Australia/NZ, Caribbean, Eastern Europe, Europe, Middle East, North America, South America
- incorporated
- prototype, users or paying users stage
- Pre-seed or Seed
- have raised funding or not
- currently raising or not raising funds
- have revenue or not
For more information, visit Braid Theory.