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A chance for Energy fields Startups to get funded and attend a Mentorship in Norway from techstars

» ,
Paid Opportunity
Award/Prize

Award/Prize

Overview
Eligibilities
Benefits
Costs
Req. Documents
How to apply

Equinor & Techstars Energy Accelerator

Description

This program seeks innovative startups within four critical areas of the energy sector: oil and gas, new business models, digitization and renewables.
Historically, on average, Techstars companies go on to raise more than $2M of outside capital after the program.

Opportunity focus areas:
Energy sector
Entrepreneurship

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Specialities

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Details

  • Deadline
Deadline:
11 October, 2020
  • Location

,

  • Funding type

  • Duration

From 1 month to 6 months

  • Start date

15 February, 2021

  • End date

11 May, 2021

  • Opportunity type

,

ELIGIBILITIES

  • Age

Not specific

  • Age is not required.
  • Gender:

Male, Female

  • Nationality

, , , , , , , , , , , , , , , , , , , , , , , ,

  • Required languages
  • English
Level:
good
  • The primary language that they use in verbal and written communications during all accelerator programs—in every country—is English.
  • Specific requirements
  • Have Startup/Project/NGO Running
  • You must own a Startup
  • Other requirements
  • Startups
  • Their focus is on startups rather than small businesses.
  • co-founder
  • Techstars wants to be viewed as a co-founder. They don’t want any special or controlling interests in your company. They won’t ask for a board seat or for any uncommon investor rights. You will still run the show.
  • Availability
  • They do require that you be primarily based on-site during the program
  • Single founder
  • You can not join the program as a single founder you must be in a team with other co-founders
  • Product/team video
  • You must share the url of a video describing your company product and team

Benefits

  • Stipend/Allowance
  • Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the program
  • Money
  • Additionally, upon acceptance to a Techstars mentorship-driven accelerator, every company is offered an optional $100,000 convertible note.
  • Others
  • Access to Techstars resources for life
  • Others
  • Acceleration in a 90-day Techstars mentorship-driven accelerator program with personal mentorship and office
  • Others
  • Lifetime access to the Techstars worldwide network of entrepreneurs, including more than 10,000 mentors, 10,000 investors, 1,600 alumni companies, and over 200 staff members
  • Others
  • Access to over $400k of cash equivalent hosting, accounting, and legal support—plus other credits and perks worth more than $1M
  • Others
  • Demo Day exposure and other investor connections.
  • Others
  • They provide working and meeting spaces, as well as a nice lounge, all with super fast and reliable wireless Internet access. They just want you to focus on creating a great product while you’re here, and not have to worry about all this other stuff.
  • Others
  • Office space for three months

Costs

  • Others
  • In return receives 6% equity of the company (on a fully diluted basis, issued as common stock) until the company raises a priced equity financing of US $250,000 or more (a “Qualified Financing”). However, if a company conducts a Network Launch using distributed ledger technology (i.e. a blockchain initial coin offering, token event, etc.), then Techstars will also receive 6% of the Token Reserve (i.e. the tokens “held back” for the founders and the company at Network Launch).
  • Accommodation
  • They don’t provide a place to live. If you’re accepted into Techstars, their local teams will provide additional resources to help you find housing.

Required Documents

  • Other
  • You must share the url of a video describing your company product and team

How to Apply

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A chance for Energy fields Startups to get funded and attend a Mentorship in Norway from techstars idea innovation
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Apply Now (Closed)
Deadline:
11 October, 2020
  • Location

,

  • Funding type

  • Duration

From 1 month to 6 months

  • Start date

15 February, 2021

  • End date

11 May, 2021

  • Opportunity type

,

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