Get in the Ring, EnergyXL  and InnoEnergy  are looking for startups and scaleups with solutions in the energy sector accelerating the transition to clean and sustainable energy. InnoEnergy’s goal is to help startups and scaleups shorten the time to market, scale globally, and to offer them tailored programmes for success.

 

EnergyXL strives to offer startups the most relevant support for them based on their stage and operations by working in collaboration with incubators and accelerators such as InnoEnergy and Rockstart. InnoEnergy specialises in sustainable energy, working in innovation and business creation with startups, scaleups, researchers, and universities. InnoEnergy is part of the European Institute of Innovation & Technology, an independent body of the European Union. By offering their expertise and a tailored acceleration program, InnoEnergy is aiming to provide participants with support to meet their growth goals, such as scaling and funding, and to create long-term business with a global vision.  

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THE CHALLENGE

The EnergyXL and InnoEnergy program is looking for startups and scaleups targeting a critical challenge in one or more of the following domains.

Energy Technologies

Smart Housing

Smart Building

Smart Mobility

E-Mobility

WHAT'S IN IT FOR YOU - HIGHWAY TRACK (STARTUPS)

  • €25k cash prize for the winner.

  • Access to R&D infrastructure.

  • Enhancements, development, and pilots.

  • Pre-seed and seed funding, opportunities, VCs, business angels, and public funding.

  • Support for intellectual property protection.

  • Analysis of your product’s potential, competitors, and patent chances.

WHAT'S IN IT FOR YOU - BOOSTWAY TRACK (SCALEUPS)

  • Due diligence of product, patent and other intellectual property evaluation and protection.

  • Access to European VCs and business angels, loans, and InnoEnergy funds.

  • Support for internationalisation, business development, and market expansion.

  • Access to expertise and R&D infrastructure.

  • Access to grants from the EIT for technology and team development.

  • Support from InnoEnergy sales team.

ADDITIONAL CRITERIA - HIGHWAY TRACK (STARTUPS)

You should

  • Maximum time to market and first revenues of 2 years.

  • Be willing to commit to a long-term relationship with InnoEnergy.

  • Have a scalable solution accelerating the transition to clean and sustainable energy.

  • Have a company registered in Europe or Israel

  • Equity is taken when entering the program (based on due diligence, differs per startup, approx. ranging from 5% to 30%)

ADDITIONAL CRITERIA - BOOSTWAY TRACK (SCALEUPS)

You shouldd

  • Have been operating for at least 1.5 years since first sales.

  • Have annual revenues above €100,000 and a multi-customer portfolio.

  • Full-time, devoted, consolidated team.

  • Have a company registered in Europe or Israel

  • Equity is taken when entering the program (based on due diligence, differs per startup, approx. ranging from 5% to 30%)

TIMELINE

JUNE 2ND

APPLICATION DEADLINE


The deadline for applications is June 2nd.
JUNE 10TH

SHORTLIST ANNOUNCED


On the 10nd of June, the shortlist of 50 selected startups will be announced.
JUNE 18TH

INVESTOR DECK DEADLINE


Deadline for shortlisted 50 startups to send investor deck.
JUNE 26TH

FINALISTS ANNOUNCED


The list of finalists to be reviewed by the investment committee is announced.
JULY 17TH

INVESTMENT COMMITTEE


The investment committee will announce program participants.
9 days left
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