TechX: the Net Zero Technology Centre’s entrepreneurship engine. The TechX Clean Energy Accelerator is run over 15 weeks and requires a full-time commitment from participating start-ups. It equips start-ups with the funding, tools, resources and training they need to evolve and grow, accelerating their path to commercialisation and beyond. Duration: 15 weeks - with 3 weeks in-person in Aberdeen, Scotland Programme benefits. Receive up to £100,000 grant funding, expert support and mentoring on: • Testing your value proposition and business model with technical experts and potential industrial customers across the value chain. • Creating a prototype or minimum viable product. • Pitching to potential customers at our final showcase Demo Day, where the cohort competes to win a share of £200K in cash prizes. • Securing field trials to pilot your solution with the industry including bp, Equinor, ADNOC and our other partners. • Structuring capital raising and pitches to investors, before putting it into practice in investor meetings. • Building diverse teams. • Connecting into the Net Zero Technology Centre’s extensive energy industry network and maximising the benefit. • Articulating your start-up story and developing your brand. • Structuring your business optimally from a legal and tax perspective. • Calculating and demonstrating your technology’s carbon impact. • Protecting your IP, developing an IP strategy and applying for patents. • Growing your company with an additional two years of business support and co-working space. Award: Up to £100k grant per start-up* *Note: the £100,000 grant is repayable under certain circumstances and all participants in the programme must sign an agreement to this effect. Alternatively, through mutual agreement, the Net Zero Technology Centre and participant may sign an advanced purchase agreement (also known as a SAFE – Simple Agreement for Future Equity). More detail can be provided on request Eligibility: 1. Have a novel technology within scope. Applicants must be developing a novel clean energy technology which is fully owned by the start-up. 2. Be pre-commercial, TRL 2-6. The technology that the applicant company is applying with must be at a technology readiness level (TRL) of between 2 (early-stage technology concept) and 6 (technology prototype demonstrated in a relevant environment). You can still apply if your company has other technologies that are at a higher TRL, but the technology you apply with must be TRL 2-6. 3. Create impact. All technologies accepted to the programme need to have the potential to reduce greenhouse gas emissions. TechX focuses on technologies with industrial applications. Technologies solely with commercial or residential applications are out of scope. 4. Actively participate & demonstrate commitment. All start-ups must commit to actively participating in the programme for the full 15 weeks with at least one member of the team attending all required sessions and meetings. This will include travelling to Aberdeen for three in-person weeks, participating in regular online workshops based on a GMT time zone, and being available from Monday to Thursday for the full programme. 5. Deploy in the UK. All start-ups must have ambitions to deploy their technologies or create economic impact in the North East of Scotland and the wider UK. The programme accepts start-ups from around the world, but they will need to set up a UK company and articulate how they plan to benefit the UK. 6. Be eligible for funding. All start-ups must meet the requirements under the Subsidy Control Act (2022) to be able to claim funding. The TechX funding of £100k must not result in the company exceeding the Minimal Financial Assistance threshold over the last 3 year period. 7. Have not applied to TechX more than three times. Start-ups must not have applied to the TechX Accelerator more than three times with the same technology. Technology focus areas: • CCUS and carbon removal solutions • Low carbon hydrogen • Alternative fuels and green chemicals • Renewable power: offshore and onshore • Digital solutions • Decarbonised heat and cooling, & other