With impressive minds like Elon Musk already taking huge steps towards a sustainable future, it can be a pretty daunting task to start up in such a saturated industry. However, the energy sector is facing far more problems than its solving, which leaves the door open for budding entrepreneurs to take a stab at solving one of the biggest crises in the world today. And this accelerator wants to spur as much innovation in the field as humanly possible.
Startupbootcamp Energy Australia is currently in search of their next cohort of startups dedicated to smart energy, smart grids, smart production, smart homes, and any other sustainable energy initiative you can think of. The accelerator is backed by EnergyAustralia, Spotless Group, Amazon Web Services, Google Cloud Platform, Cisco, the Victorian Government’s LaunchVic operation and myriad of other energy-focused organizations.
“Smart Energy is about product, process and business model innovation in a rapidly changing marketplace,” said Trevor Townsend, managing director of Startupbootcamp Energy Australia. “The energy industry, which hasn’t drastically innovated in the last two decades, is suddenly seeing 360 degree disruption that is going to change everything in the next 10 years. It’s one thing to know that change is coming and it’s another to know what to do and how to act to stay relevant.
Like any good startup accelerator, Startupbootcamp hopes to support these startups with all the resources at their avail. From standard perks like mentoring and networking opportunities, to more specific benefits, like free coworking spaces and $25,000 per team for living expenses, the Australian accelerator will truly impact the energy sector for the better.
“At Startupbootcamp, we help our 140 corporate partners around the globe think & act,” continued Townsend. “Our partners here in Melbourne have a strong desire to work with startups locally on global solutions. During the 3 month program and beyond, we will work closely alongside the program’s startups and partners to accelerate those kind of meaningful collaborations.”
In addition to all these perks, Startupbootcamp's wide ranging partners will be providing startups with nearly $500,000 worth of free and discounted services and products that can help them grow. And with companies like Cisco, Amazon Web Services, and Google Cloud Platform on board, there's no telling how high these startups will be able to fly.
“There are startup businesses out there with great ideas that will make a difference to people’s everyday lives by putting them in control of the energy they use, even if it means they use less energy,” said Andrew Perry, an executive at EnergyAustralia NextGen to Bit.
If you're interested in applying the this startup accelerator, click here to apply today. Applications close on Friday, October 27th, so make sure to get your application in before you hit the streets for some trick-or-treating.
Read more about startup accelerators on TechCo