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Oil and Gas Technology Accelerator, Tech Accelerator Event 12-2pm, Friday 8th November 2019, G.003 (event space) Urban Sciences Building, Newcastle University Helix site

Posted on 30 October 2019

Oil and Gas Technology Accelerator, Tech Accelerator Event 12-2pm, Friday 8th November 2019, G.003 (event space) Urban Sciences Building, Newcastle University Helix site

We will be welcoming David Millar, Director, at the Oil and Gas Technology Accelerator to talk about the TechX Accelerator Scheme. The scheme aims to support start-ups with potentially game changing technologies for the energy sector.

TechX is a unique proposition – providing expertise and support both as a technology accelerator and incubator for start-ups, spin-outs and SMEs looking to enter the oil and gas industry.

The accelerator is investing in and supporting start-ups with potentially game-changing technologies for the UK energy sector. Over the next 10 years their goal is to help unlock the full potential of the UK continental shelf (UKCS) as well as support an accelerated transition to a low carbon future.  They want to help exciting companies get their new solutions and ideas to market – faster.

At the different stages of the innovation journey, TechX offers access to experienced business mentors, co-working space, forward thinking business partners, rapid prototyping, test facilities, field trials, and showcase events to help commercialise new technologies.

David will give a briefing about the scheme which will be followed by hearing from spin-outs from previous cohorts supported by the scheme (12-1pm). Lunch will be provided followed by the opportunity to book a 10 minute 1-1 session to discuss your research/start up idea.

Programme Elements:

  • A unique funding model of up to £100,000 with no equity take or payback required – all IP is retained by the start-up.
  • A four-month, full-time programme based at our amazing facilities in Aberdeen, United Kingdom.
  • Start-Up and Innovator Visa endorsement for international companies.
  • Unprecedented access to major oil and gas companies and their facilities to validate your technology and your business.
  • Expert mentors and global partners to help rapidly develop and validate your solution and business.
  • Investor readiness skills and training.
  • Business scale-up and field trial support through our TechX Plus incubator free of charge for 12 months upon completion of the accelerator.
  • Access to a diverse range of investors.

For further information about the scheme and details of previous cohorts, please see TechX website.

To sign up for this event and to book a 1-1 appointment with David, please register here by 1st November 2019. Slots will be allocated on a first come first served basis.

 

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