The European Commission (EC) and the EIF (European Investment Fund) have been making available additional resources through initiatives under the EFSI (European Fund for Strategic Investments) Equity Instrument and InnovFin Equity to further support innovations in the fields of artificial intelligence, blockchain, space technology, impact investing and blue economy. The Addendum to the indicative Annex
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PERSEO, Iberdrola’s Startup Challenge
Through PERSEO, Iberdrola can provide startups, particularly in Spain, the United Kingdom and the United States, with its investor support and expertise, its base of 30 million supply points and its more than 52 GW of installed capacity. In this way, it contributes to developing and boosting an innovative corporate fabric in the energy sector.
Read moreEMA and Keppel O&M launch a grant call for energy storage systems
The Energy Market Authority (EMA) and Keppel Offshore & Marine (Keppel O&M) have forged a $10 million partnership and signed a Memorandum of Understanding (MOU) to develop energy solutions in the areas of distributed energy resources, digitalisation and emerging low carbon alternatives. As part of this MOU, EMA and Keppel O&M are launching a grant
Read moreInmarsat founding member of a programme for Asian startups
Inmarsat is a founding member of Asia’s first ‘Decarbonising Shipping’ initiative to harness the power of startups to meet UN targets on greenhouse gas emissions, which launched earlier this month. In the last year, Inmarsat has launched its own IoT platform – Fleet Data – and its own dedicated bandwidth service – Fleet Connect –
Read moreBetatron, YPSN and Heron Advisory Cohort #6 is open
Betatron, YPSN and Heron Advisory built an early-stage Venture Capital investor and accelerator in the maritime industry. Currently, the applications for Cohort #6 are officially open and will close on 15th April 2020. The Cohort #6 program is set to launch in Q2 2020. Betatron will be investing up to US$500,000 in each startup, with
Read moreCargill, Rainmaking and other partners launch decarbonization program
Cargill, Rainmaking and more than 10 industry partners, are launching a program in Singapore to decarbonize the maritime industry. The program, which is the first of its kind in Asia, will bring together startups and industry leaders to test and scale transformational technologies that can reduce CO2 emissions. “We know that Asia is a gateway
Read moreDNV GL launches venture fund
DNV GL has launched a venture fund in response to the challenges of the “decade of transformations,” which will be defined by the energy transition and the fourth industrial revolution. DNV GL Ventures will build a portfolio of between 15-20 startups in the next four years, taking stakes of up to 20% in the companies.
Read moreAustralia to invest 100 M$ into ocean impact ventures
The Ocean Impact Organization is a non-profit organisation that is building a multi-disciplinary ecosystem of founders, startups, SME’s, marine experts, business mentors, industry partners, corporates, research institutions, marine organisations, media organisations, not-for-profit partners, investors and philanthropists. They all have the aim to ensure the long term sustainability of the ocean, waterways and environment. Objectives Establish
Read moreCanada helps its maritime startups
Three Nova Scotia-based organizations announced they are undertaking new projects to further the momentum in the ocean sector, bring new employment to the Greater Halifax area and strengthen Canada’s position as a global leader in sustainable ocean practices. The work undertaken by DeNova Inc., the Centre for Ocean Ventures & Entrepreneurship (COVE) and Sedna Technologies Inc., will result
Read moreUN launches Ocean Innovation Challenge (OIC)
UNDP (United Nations Development Program) launches a new call to action— Ocean Innovation Challenge (OIC) to accelerate progress on SDG (Sustainable Development Goals) 14 targets. The OIC seeks innovations that are transferable, replicable and scalable. The Challenge grants range from $50,000 to $250,000. Recognizing the increasing urgency of tackling ocean pollution, particularly from plastics and nutrients, the first
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