The Repsol Foundation today announced the seven startups selected for the thirteenth international call for proposals from its business accelerator, the Entrepreneurs Fund. These projects were chosen after an exhaustive evaluation process of the proposals received.
These projects will receive financial support of up to €120,000 for one year in the form of a convertible loan, as well as advice from Repsol technology experts and a team of professional mentors with extensive experience and knowledge of both the energy sector and high-value business management, increasing the selected projects’ chances of success. Furthermore, they will have the opportunity to validate their initiatives in a real-world environment, including, in some cases, pilot tests at Repsol’s own facilities and industrial plants or proofs of concept at the Repsol Technology Lab, the multi-energy company’s technology and innovation center.