Ten startup companies from around the globe will take part in a accelerator program that is a first for the Australian energy sector.
The 13-week program is a three-year partnership between EnergyAustralia, and industry focused accelerator, Startupbootcamp.
The startups, who have travelled from four continents, will develop ideas and products aimed at helping all Australians use energy in ways that save them money and help the environment.
EnergyAustralia Executive – NextGen, Andrew Perry, said the accelerator is a major opportunity for the industry to be confronted with new ways of thinking, shaking assumptions of Australia’s energy market.
“We are bringing the best and brightest minds to Melbourne to breath new ideas into Australia’s energy market. The startups were selected because of their passion, commitment and innovative ideas, and their ability to develop energy solutions that apply to Australian customers,” Mr Perry said.
“These new ideas will help us rethink and react to the rapidly changing landscape. The success of this accelerator program and ongoing for EnergyAustralia means the delivery of more reliable, affordable and cleaner energy for all Australians.
“We’re very excited by the group’s potential.”
Startupbootcamp’s Program Director, Richard Celm, said the program had recruited some amazing startups.
“These startups are coming from around the world to work with our mentors, investors and corporate partners because working with industry experts like the team at EnergyAustralia improves their ability to scale and accelerates their development by up to 18 months in only three,” Mr Celm said.
At the end of the program, all ten startups will have the opportunity to pitch to investors, partners and industry stakeholders at a demonstration day to continue on their entrepreneurial journey creating a successful business.