Deadline: 1-Mar-22
The Repsol Foundation has announced the applications for its 11th Call for the Entrepreneurs Fund to support entrepreneurship and entrepreneurs for more than 10 years through Fondo de Emprendedores, their accelerator for startups that provide technological solutions to meet the challenges of the Energy Transition.
This is a perfect program for startups in the testing phase with real customers, or that will reach this phase in 1–2 years.
Areas they Support
Their program supports industrial technology solutions in the following areas:
- Low carbon energy technologies and the circular economy.
- Biotechnology and Nanotechnology for sustainable solutions.
- Products and services based on the management of energy and renewable energies.
- Digital technologies for the energy industry.
- Natural solutions for reducing the carbon footprint.
This programme is aligned with the commitment of Repsol and its Foundation to sustainable energy transition.
What they Offer?
- Financial Aid
- Between 60,000 and 100,000 euros non-refundable for one year.
- They do not ask for a share of the startup’s equity or intellectual property.
- Multidisciplinary mentoring team
- Two senior mentors, former Repsol employees who collaborate on a voluntary basis. Professionals with a high level of knowledge in business management.
- Two mentors who provide technological support and their knowledge of the market as active Repsol professionals.
- Possibility of pilot trials with Repsol
- They try to facilitate testing with Repsol, but please note that this is not always possible.
- Startups admitted to their programme are not restricted from piloting with any other company.
- Without having to go anywhere
- It is an international programme where startups from all over the world participate without having to leave their premises.
Achievements
- They support entrepreneurship: they accelerate the development of companies to bring new technologies to the market as quickly as possible and accelerate the energy transition.
- They support innovation in energy: they have contributed to the development of innovative technology-based startups in the energy industry.
- They help to grow the local business network and promote economic development.
- They supply the means, knowledge, and experience of a leading multi-energy company such as Repsol to advance together in solutions toward a more sustainable future.
Eligibility Criteria
- This Call is addressed to Startups in pre-commercial or very early commercial stage with founders maintaining control of the company, that is, the majority of the share capital and voting rights, and therefore leading the startup’s financial and business decisions.
- Startups can have their registered office in any country, with the exception of tax havens or non-cooperative tax jurisdictions in accordance with applicable tax regulations and the OCDE/EU criteria. It is not necessary to move to any specific country.
For more information, visit https://www.fundacionrepsol.com/en/entrepreneurs-fund