December 13, 2021
Behavioural change and government intervention won’t be quick enough to curb a climate disaster. So we look to renewable energies. Smarter energy storage. Digital technology. New materials. And other innovations that can help us act faster.
After the Paris Agreement in 2015, Chile and Germany committed to carbon neutrality by 2050. Building upon the agreement, the two nations entered into The Energy Partnership. The deal outlines intergovernmental dialogue and fosters energy entrepreneurship through binational cooperation.
That’s where Energy Challenge: German Startups for the Energy Transition comes in. In collaboration with betahausX, they're inviting German startups contributing to energy transition to fast-track the development of new technologies. By working in collaboration, the hope is that both countries can reach their goals.
Are you an energy startup in Germany? If you can show you have the investment capacity for internationalization (criteria below) and a product on the market, Energy Challenge wants you to apply for an expenses-paid acceleration program in Chile, complete with client and partner meetings. Here’s more about the program, eligibility requirements, and how to apply.
Energy Challenge is an acceleration program coming out of the Energy Partnership Chile-Alemania. It’s organised by AHK Chile and the State of Bavaria Office for South America and backed by powerhouse partners like WERK1, Fraunhofer Ventures, SpinLab, and Bayern.
Select startups will compete in a virtual Demo Day in March 2022. But only three startups will be selected for the grand prize: an acceleration trip to Chile. The prize package includes roundtrip airfare between Germany and Chile, seven nights accommodation, a pitch or demo day at EXPONOR – one of the premier exhibitions for technologies and innovations in mining & energy – and a weeklong tech agenda.
Not only will selected startups get matched up with industry leaders, investors, multipliers, and hubs. They’ll also unlock access to Chile’s entrepreneurial ecosystem to create international business opportunities in the Chilean energy sector.
Energy Challenge is all about accelerating energy transition through collaboration. Energy startups across fields (see below) can apply so long as they meet the following criteria.