AWS' clean energy technologies program assists mature startups
Offshore staff
SEATTLE, Washington — Amazon Web Services (AWS) has announced the launch and call for applications for the Clean Energy Accelerator 3.0, a high-pace, non-equity dilutive accelerator designed to facilitate partnerships with mature startups developing breakthrough clean energy technologies.
The AWS Clean Energy Accelerator 3.0 is designed to spur co-innovation through energy partnerships and is centered on the needs of mature startups from across the globe. Through the program, industry and thought leaders will mentor startups on topics like energy, digital competency, investment, public policy, innovation and advanced research. Energy organizations will work with selected startups on addressing clean energy and decarbonization challenges, while AWS provides guidance in accelerating experimentation, expanding automation and delivering deep insights by leveraging the cloud.
What do finalists receive?
The AWS Clean Energy Accelerator 3.0 will include 12 weeks of virtual and in-person programming, commencing in Seattle in second-quarter 2023. The program will have an expanded reach and scope, which includes the addition of two new cohorts and international exchange sprints to foster tech innovation hubs around the world, including one in the UAE.
The chosen finalists will receive technical, business and go-to-market mentorship from AWS as well as up to $100,000 each in AWS Credit through AWS Activate to kick start their data and operations transformation in the cloud.
Additionally, the selected startups will gain access to guidance in using Amazon’s Culture of Innovation and Working Backwards mechanism to achieve solution alignment and accelerate pilots. The finalists will also receive visibility and overall guidance from supporting partners. European-based finalists will receive access to the new Unicorn Factory Cleantech Hub in Lisbon, Portugal, while enrolled in the program.
Success of previous programs
The previous two Clean Energy Accelerator programs received more than 600 applications from startups representing 63 countries. Multinational energy companies like Enel, Vestas, Iberdrola, SiemensGamesa and others worked with the startups in previous cohorts, and there will be a broader set of organizations and supporting partners such as The Climate Pledge Fund, Siemens Energy, Masdar City, Eurelectric and many others that will help guide the upcoming program cohorts.
In the offshore energy space, EthosGen and Hydro Wind Energy are two examples of companies that were part of the program in previous Clean Energy Accelerator cohorts.
Through two previous programs taking place over the last 18 months, the Clean Energy Accelerator has influenced more than $207 million in seed funding for clean energy and climate technology startups. In addition, 12 pilot projects have been initiated as a result of engagements fostered by the Clean Energy Accelerator.
Deadline to apply
Applications for the Clean Energy Accelerator 3.0 will be accepted through Jan. 1, 2023. Startups selected for the Clean Energy Accelerator will be announced on March 6, 2023. The Clean Energy Accelerator 3.0 will culminate in an Innovation Showcase that will be held at the 2023 United Nations Climate Change Conference (COP 28) next November in Dubai.
11.22.2022
