Applications for Zero Emission Challenge & Venture Studio Accelerator Now Open


 

Braid Theory is seeking applications for the Zero Emission Challenge and Venture Studio Accelerator.

Zero Emission Challenge that will lead into a Venture Studio designed for teams looking to deliver a pilot project, and validate their 6 – 9 TRL solutions.

Zero Emission Challenge

Startups must be willing and able to travel to implement their pilot and attend the IGNITE22 summit in San Pedro, California.

Zero Emission Challenge and venture studio is only for startups delivering solutions for zero emissions in maritime.

 A 2% – 3% warrant is taken in each company accepted into the program, for 3 – 5 years depending on TRL.
Area on concentration

Braid Theory focuses on industries and adjacencies in the Blue Economy,

Braid Theory concentrates on 3 key areas for success, and teams should be prepared to focus on these 3 areas when accepted into the program:

  • Strong and defensible IP
  • Business model
  • Product-market fit
Benefits of participation
  • Startups will work with a team of advisors and instructors on reaching milestones, to accelerate business growth, that puts teams on a path to commercialization.
  • Access to the unique waterfront facility, located at the AltaSea at the Port of Los Angeles campus, with access for ocean observing, robotics, and a Coworking Space.
  • Package of services valued at over $250k, including use of waterfront space and instruments, legal services package, perks and program support.
Eligibility Criteria
  • Tech and science founders from underrepresented communities, as well as first-time founders
  • All teams must actively participate in the curriculum-based instruction as a requirement to implement their solution in a pilot.
  • All mutually agreed upon milestones and timelines will developed by the problem owners, Braid Theory, and the startup. Solutions must be out of the lab and implemented in a pilot no later than February 2024.
  • Teams should have at least one principal investigator, co-founder, one (Entrepreneurial Lead) co-founder; two founders are required.
  • Teams do not have to be located in the US to apply; however, at least one team member should be prepared to travel to Los Angeles to participate and implement the pilot.

Participating companies must be from the following: Carbon Reduction, Clean Energy, Energy & Cleantech, Cleantech, Carbon Capture, Marine, Maritime Transport, Maritime Shipping, Maritime Logistics, Ocean Ecology, Ocean Pollution, Maritime Energy, BlueTech, Emissions Monitoring, Carbon Neutral, Emissions Management, Carbon Management, Carbon Sequestration, Carbon Mineralization.

How to apply

It doesn’t matter if you have raised funds or have no revenue yet. Visit here to apply. The deadline for application is Sunday, July 2, 2023.

Opportunity

BlueTechcarbon captureCarbon ManagementCarbon MineralizationCarbon NeutralCarbon ReductionCarbon SequestrationClean EnergycleantechEmissions ManagementEmissions MonitoringEnergy & CleantechMarineMaritime EnergyMaritime LogisticsMaritime ShippingMaritime TransportOcean EcologyOcean PollutionZero Emission Challenge

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