Applications Invited for Repsol Foundation Entrepreneurs Fund

Follow us@ngobox

About the Organization

The Repsol Foundation mission is to contribute to creating a more sustainable future developing projects focused on the energy transition and society. This mission is in line with Repsol’s strategy and is in line with the Sustainable Development Goals and the Paris Agreement.

Repsol Foundation’s strategy can be laid out in four lines of action:

Repsol Impacto Social: the main impact investment initiative in the action against climate change in Spain and Portugal.

Entrepreneur's Fund: the business accelerator to promote innovative solutions in terms of energy and mobility.

Sharing information: about energy transition through a cycle of multi-action conferences, an Energy Transition Chair in a network of universities and an educational programme to awaken the critical spirit of younger people in terms of energy challenges.

Social and Volunteering: promoting the training for employment and the equality of opportunities for vulnerable groups and promoting corporate volunteering for social development and the energy transition.

About the Grant

At the Repsol Foundation, we have been supporting entrepreneurship and entrepreneurs for more than 10 years through Fondo de Emprendedores, our accelerator for start-ups that provide technological solutions to meet the challenges of the Energy Transition.

This is a perfect program for start-ups in the testing phase with real customers, or that will reach this phase in 1–2 years.

If your start-up has passed the pre-commercial phase and already has recurring customers then connect with Repsol Deep Tech

What do we offer:

Non-repayable grants

• Between 60,000 and 100,000 euros non-refundable for one year.
• We do not ask for a share of the start-up’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

• We try to facilitate the relevant pilot testing at Repsol facilities, but please note that this is not always possible.
• Start-ups admitted to our program are not restricted from piloting at the facilities of any other company or third party.

Without having to go anywhere

• It is an international programme where start-ups from all over the world participate without having to leave their premises.

Areas we support:

Our 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.

Eligibility

• in Nanotechnology, Oil & Gas, Smart Grid, Renewable Energy, Energy Management, Waste Treatment, Carbon Markets, Carbon Credits, Waste To Energy, Cleantech, Carbon Capture
• located in Asia, Australia/NZ, Europe, Middle East, North America, South America
• incorporated
• prototype stage
• Angel, Pre-seed or Seed
• have raised funding or not
• currently raising or not raising funds
• have revenue or not

How to Apply

Deadline: 11 March 2023

Apply here

For more information please check the Link

Tags Environment and Sustainability Innovations and Technology Sustainable Development Goals (SDGs) Others