Deadline: 29-Mar-21
Startups will work alongside leading energy utilities from around the globe to deliver cutting edge solutions and co-create the future of energy. The program will focus on working together to pilot projects, commercially deploy products, facilitate investment opportunities, learning, and development. Deals to date exceed USD $50m+.
Startups can refine their value proposition, trial, and test technology and gain access to invaluable resources, advice, and support from around the globe. At Free Electrons they have a keen focus on learning and development – they want to help startups grow their business.
Why should startups join Free Electrons?
- The program includes a series of modules held across the globe (physically and digitally), where startups work closely with The Utilities, local accelerators, and mentors to refine their company’s solution and explore options to jump-start their company’s growth.
- Each module is structured to facilitate ongoing conversations between startups and utilities to refine value propositions, seed pilot projects, and explore investment opportunities.
- Free Electrons offers the chance for startups to:
- Test Solutions: Test their solution in the energy sector in partnership with utilities.
- Develop Pilots: Develop a viable pilot side by side with the utilities.
- Receive Feedback: Receive input, feedback, and insight into their product/service and business.
- Gain Exposure: Gain exposure to American, European, and Asian markets.
- Build Relationships: Building relationships within the startup community to share learnings and experiences.
- Grow Networks: Grow their networks by immersing themselves in local and global ecosystems.
- Contract and Receive Investment: Opportunity to sell their products to utilities and seek investment from utilities. Deals to date exceed $20m.
- Work with Open Innovation experts: Work with open innovation partner Beta-i on strategy, approach, and receive advice on pitching to corporates.
- Access Mentors & Experts: Access a global pool of mentors and experts matched to their unique requirements.
Funding Information
- Startups are in the running for the prize of USD 200,000 – no strings attached.
Challenge yourself with Free Electrons
- They envision a future where smart, clean, and accessible energy will transform every aspect of their lives and they’d like to join forces with startups to make this happen.
- The Utilities are committed to supporting startups to transform the energy market with next-generation ideas. They are looking for startups that have already raised money, created a working prototype, and earned a few battle scars along the way that they can grow with and learn from.
- Similar to the previous editions, Free Electrons is addressing several challenges in the energy sector. Embracing its resolution innovation, the selected startups for Free Electrons 2021 will be tackling the following challenges:
- Clean energy;
- Energy management and efficiency;
- Customer solutions;
- Smart grids and energy communities;
- Energy storage;
- Energy access;
- Mobility;
- Customer and utility resiliency;
- Facility and asset management;
- Cooling solutions;
- Connectivity & Communication solutions.
Eligibility Criteria
- The Free Electrons program consists of a series of modules held physically & digitally, across the globe, over the course of one year.
For more information, visit https://freeelectrons.org/
