One more year (now in its 7th edition) the Repsol Foundation has demonstrated its support for the talent of seven teams of entrepreneurs developing energy and mobility projects.
More than 360 proposals were submitted to this seventh edition of the Entrepreneurs Fund. After an exhaustive process of evaluation and selection, an expert jury has selected the most innovative of these: five in the projects category and two in the ideas category.
The projects that will start the acceleration program will receive up to 144,000 euros for one year, expandable for another; the ideas will be supported with 2,000 euros a month over 12 months.
In addition to financial support, the projects and ideas will be accompanied by a team of mentors during the acceleration stage, and will receive technical and legal advice as well as specialised training appropriate to their needs
The startups will also have access to potential investors and will have the opportunity to test their prototypes in industrial facilities. This support does not imply any kind of participation in the capital of the company by, or transfer of intellectual property rights to, the Repsol Foundation.
Orchestra membranes selective to CO2 (Tarragona): selective membranes to separate CO2 from the rest of elements in gases.
Sensoy (Guipúzcoa): digital control of the on / off position of any type of manual valve
Bulgeone (Cantabria): an online tool to predict and detect in real time possible cracks or deformations in refinery coke chambers.
Finboot (Barcelona): blockchain applications for easy access and scalable corporate use.
Frac-Less O&G Well Stimulation (EE.UU): a system to improve efficiency in exploration and production operations.
Fuelsave (Portugal):a mobile application for safe and environmentally friendly driving for professional truck fleet drivers, which helps reduce fuel consumption by up to 20%.
Venvirotech Biotechnology (Barcelona): treatment of organic waste and transformation into biodegradable plastics thanks to biotechnology.