ABP and Plug and Play launch Energy Ventures Accelerator
ABP together with Plug and Play have launched the Energy Ventures Accelerator (EVA) to foster innovation in energy transition sectors across the UK’s most important industrial clusters, including Humber, Southampton, and South Wales. Applications are now open from startups, innovators, or investors tackling challenges in floating offshore wind, industrial decarbonisation, low-carbon fuels, or Carbon Capture and Storage (CCS).
If you are a start-up, innovator or investor tackling challenges in floating offshore wind, industrial decarbonisation, low carbon fuels or Carbon Capture and Storage, the Energy Ventures Accelerator (EVA) program could be transformational.
As the UK’s largest ports group ABP are at the centre of the energy transition. Their ports provide a base for offshore wind and CCS developers, a hub for hard-to-abate transportation sectors, and the epicentre of the UK’s high-emission heavy industries.
As part of Their wider £2B green growth and decarbonisation plans ABP are looking to cultivate new clusters of tech innovation that can support Their customers and the industrial ecosystems around them.
As a starting point, ABP are launching an initial 12-month programme to identify suitable ventures and strategic partners. Suitable applicants will be invited to attend an Innovation Day at one of their ports to hear about real life challenges, pitch their tech and make new contacts. Selected participants will then be invited to attend a collaborative two-week Immersion Program aimed at prototyping real solutions with real prospective customers and testing ideas.
From this, ABP and their partners will identify opportunities to form longer term commercial partnerships.
ABP support could take a variety of forms. From supporting your proof-of-concept development and entering go-to-market partnerships, through to establishing a joint venture or investing directly with land, services and capital.
For more information please click here.