Deadline: 31-Jan-22
The Envision Digital is inviting energy companies, specifically startups and small & medium enterprises (SMEs) for the Net Zero Startup Challenge to develop their capabilities and grow their business in the smart and clean energy landscape.
Climate change has become a global challenge for humanity. As a low-lying island, Singapore faces the threat of rising sea levels and changing weather patterns.
With the power sector contributing to about 40 per cent of carbon emissions in Singapore, the transition to clean energy is key to tackling climate change. As a net zero tech partner, Envision Digital has been supporting Singapore’s sustainability development agenda in the area of renewables energy, urban energy efficiency and low-carbon solutions. In support of the Singapore Energy Transition, Envision Digital is collaborating with the key partners to launch the Net Zero Startup Challenge, to support the development of local energy companies and promote Singapore as a regional hub for market expansion and R&D.
Companies will be offered the opportunity to co-innovate and onboard their solutions on Envision Digital’s EnOS™ platform, which will help address some of their biggest challenges – getting access to clients, partners, and credentials that will shorten the time to market.
Themes
They welcome all companies with innovative energy solutions that support the Singapore Energy Transition, and addresses one or more of the following areas:
- Renewable Energy: What they are looking for:
- Solutions involving new ways to improve yields and handle intermittency of renewables
- Solutions that can further drive renewables adoption for built environment in dense, high rise urban city environment such as Singapore
- Solutions that push the boundaries to what can be achieved via energy storage technologies
- Urban Energy Efficiency: What they are looking for:
- Solutions that disrupt traditional ways building owners interact with energy or other buildings
- Solutions that allow buildings to do more with less energy
- Solutions that help future proof buildings for the evolving energy landscape such as increased electric vehicle (EV) charging
- Low Carbon Solutions: What they are looking for:
- Solutions that accelerate decarbonization (e.g. hydrogen, biofuels, carbon capture etc.)
Eligibility Criteria
- You must have at least a Minimum Viable Product (MVP) to showcase: Minimally a commercially viable solution or technology demonstrated in relevant operational environment.
- Applicants should fulfill the following criteria:
- Registered in Singapore and have significant business operations in Singapore
- Less than SGD $100 Million in annual sales turnover
- Group employment size below 200 employees
- Minimum of 30% local ordinary shareholding. (This is applicable for the Phase 4 grant opportunity supported by the Energy Market Authority (EMA))
For more information, visit https://www.netzerostartup.sg/