Program for early to mid-stage energy startups to scale, pilot and become market ready
- Portfolio companies Ace Vision Treks and Tours Pvt Ltd, IOTomation
- Alumni raised from Indian Angel Network, TruBlo and 1 more
Looking for companies:
- in Energy Efficiency, Waste Management, Artificial Intelligence, Biofuels, Renewable Energy, Waste Treatment, Power Distribution, Energy Sector, Carbon Credits, Carbon Reduction, Clean Energy, Waste To Energy, Energy & Cleantech, Green Energy, Agricultural Waste Management, Carbon Capture, Energy Efficient Appliances, Energy Storage, Industry 4.0, Renewable Energy Tech
- located in India
- incorporated
- prototype, users or paying users stage
- Pre-seed or Seed
- have raised funding or not
- currently raising or not raising funds
- have revenue or not
WHO CAN APPLY?
The start-ups should be post lab PoC (typically TRL level 4-7) with a potential to impact the future of energy.
We will work with the selected startup for a period of three months up to two years, depending on which track the startup is selected for and provide them with access to Shell’s capability in technology development and product commercialization, along with mentorship and a fixed sum investment. Startups must fulfil the following criteria:
1)Operate in an Indian city (or are based overseas and looking for ‘soft-landing’ facilities in India)
2)Be post lab PoC (typically TRL level 4-7)
3)All tracks require some physical presence ranging from 1-3 days per month depending on the track. We understand you have a startup to run and wish to support, not disrupt, those efforts.
4)Business must be in a relevant field or activity
What does the Track offer?
Start-ups will have access to infrastructure, expertise, capital and customers to help them accelerate their business growth and test the commercial and technical viability of their business offering.
Key Offerings
– Infrastructure: Incubated start-ups will have access to Shell’s Technology and IT labs in Bangalore to support product development and testing. Additionally, the start-ups will be co-located with other leading energy start-ups in STCB providing them the opportunity to be in the vicinity of other like-minded startups.
– Mentorship and Advisory: Start-ups will have access to technical and commercial mentorship by subject market experts in the organization. Additionally, regular interaction with industry leaders and academia has been built into the program.
– Access to Capital: In addition to investment of up to $20,000, start-ups may raise further funding through Shell investment arms such as Shell Ventures., Start-ups will also have the opportunity to pitch their ideas to other potential partner investors brought in during the program.
– Access to Customers: If found relevant, Shell can be a potential deployment partner and customer. Additionally, where possible, the Hub can facilitate introduction to its network of partners and customers in India and abroad.
At the end of the six-month program, the cohort start-ups will have the opportunity to pitch to top investors from India and abroad as well as meet with an array of decision makers from the energy ecosystem, on Demo Day.
