The programme is inviting startups from around the world to pitch ideas on better energy use, energy independence, digitisation and analytics.
Startups from around the world will have the opportunity to participate in a 13-week accelerator programme that will fast track their development by up to 18 months.
The programme, Australia’sfirst is a partnership between one of Australia’s leading energy retailers, EnergyAustralia and established London-based accelerator Startupbootcamp.
EnergyAustralia NextGen Executive, Andrew Perry, said the accelerator programme opens up the opportunity to unearth fresh thinking and bring innovative ideas to market.
He explained: “How often have we seen great ideas born in someone's workshop or garage? The accelerator programme is about making those great ideas real and developing the next innovation that helps customers use energy in ways that save them money and help the environment.”
He continued:“In this rapidly changing sector we want to continue meeting the energy needs of our customers and that requires foresight and agility. We know there are startups out there that can really disrupt the sector, they just need support to get off the ground.”
A three month recruitment callout for innovative energy ideas will be made internationally. Ten startups will be selected and invited to Melbourne, Australia to participate in the programme.
Startupbootcamp Co-Founder, Ruud Hendriks said the company was dedicated to building strong networks in which startups, corporates, investors, mentors and government organisations work together for the benefit of Australian energy consumers.
He said: “Startupbootcamp will be recruiting startup businesses globally to come to Melbourne for this programme; we’re convinced that with EnergyAustralia as the founding partner, this program will become a huge success.”
Perry said the startups will be mentored, coached and advised by industry experts and entrepreneurs, after which they will pitch their technology, service or business model to the programme’s partners, investors and other interested stakeholders including government and energy retailers.
“By bringing the best and brightest minds to Melbourne instead of seeking them out in Silicon Valley, we’re building on this city’s reputation as an innovation hub.”
“Success means delivering reliable, affordable and cleaner energy for all Australians. We're looking for the next wave of innovative ideas to make that happen, whether we or someone else picks it up.”
EnergyAustralia has committed to be the major partner for the programme for three consecutive years. Other partners include Spotless Group, LaunchVic, DiUS, Amazon Web Services, Cisco and KHQ Lawyers.