Endesa funds programme for green, high tech business start-ups

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A NEW initiative from the European Commission aims to support entrepreneurs to make energy smarter, more reliable and more efficient. Internet Cleantech Enablers Spark (INCENSe) will award some 42 innovative start-ups with up to €150,000 funding, six months of a personalised acceleration programme and multiple networking opportunities.
The initiative – sponsored in part by Enel and its subsidiary Endesa, a leading energy provider in Spain – calls for applications from businesses focused on uses for the internet in developing green technology. Of particular interest to the INCENSe selection committee are areas related to energy and technology, including sustainability, efficiency and automation solutions.
According to their open call for submissions, they are specifically interested in hearing from innovative entrepreneurs with scalable and profitable business ideas in the following categories: energy efficiency and home automation, renewable energy, smart grids, energy storage, advanced diagnostic and automation solutions, e-mobility, cyber security, and digitalisation of energy through ICT.
The second open call for submissions started on June 15 and will close September 15. The first set of winners – 14 in total – were selected in April and have already begun the acceleration process, which involve workshops, mentoring sessions and access to test beds in Spain, such as Smart City Malaga.
The purpose of the initiative, according to organisers, is to “capture the opportunities coming from a new wave of digitalisation and place Europe in the centre of the Internet Economy.”

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