Call for Proposals: 13th “Entrepreneurs Fund” Acceleration Program

The acceleration program provides the selected Startups with an acceleration package that includes the following key tools to evolve as an organization and reach the final stages of their technology development:

• An ad-hoc acceleration workplan, a pilot test program and a mentoring team
• Funding in the form of a convertible loan
• Access to advisory services
• Visibility and networking

The Repsol Foundation aims to support the Startups in validating their technology in real conditions and shaping their business model to succeed in the market and reach future investors. To ensure that this objective is met, the Startups reaching the last phase of the qualification and assessment process will design a work plan with objectives, a schedule and milestones to be met during the acceleration period in the event they are finally admitted to the Program.

For the selected Startups, a tailored acceleration plan will be designed, based on their specific needs including the facilitation of a pilot project and the commitment from a customized acceleration team composed by experts in the Startup’s technology and market segment.

The acceleration Program covers twelve (12) months and will run from October 1st, 2024 to September 30th, 2025. Notwithstanding this, Repsol Foundation reserves the right to modify these dates according to the needs of the Program.

Technology Scopes

Through this Program, Repsol Foundation aims to support Startups that work for a sustainable energy transition, providing innovative technology in the following fields:

• Renewable fuels, materials and circular economy
  • Urban, industrial and agricultural waste use
  • Renewable or biodegradable industrial products
• Energy Efficiency
  • Energy management systems for consumers and businesses
  • Industrial process efficiency
• Water Management
  • Water savings in industrial processes
  • Post-treatment of industrial waters
• Nature-based solutions
  • Preservation, maintenance and regeneration of natural spaces
  • Integration of industrial activity in the environment
• Renewable Energy
  • New ways to obtain energy
  • Local deployment and distributed generation of renewable energies
• Advanced Mobility
  • Electric vehicle charging facilities and services
  • Sustainable mobility management solutions
• Carbon capture and management
  • New technologies for capturing, storing and using CO2
  • Carbon footprint management systems

Funding in the Form of a Convertible Loan

• The Program includes a financial contribution of up to 120k€ in the form of a convertible loan, to support the development of the Startup and the fulfilment of the agreed Work Plan.

Applicants

• At Repsol Foundation they want to support Startups that provide long-term benefits to the society and the planet, helping them to become profitable and grow. This Call is addressed to Startups with the following characteristics:
  • Possess innovative technologies and/or business model solutions that have already been sufficiently demonstrated at the laboratory level or other controlled environment.
  • Are in a pre-commercial or very early commercial stage.
  • The founders maintain control of the Startup through the majority of the share capital and voting rights, and hence lead the Startup’s financial and business decisions.
  • The registered office is in any country within the European Economic Area (EEA), Switzerland or the United Kingdom, with the exception of tax havens or noncooperative tax jurisdictions in accordance with applicable tax regulations and the OCDE/EU criteria.
  • Repsol Group and Repsol Foundation (including its subsidiaries) employees may participate in this Call provided that the Startups they promote are not directly related to the responsibilities of their current or previous positions within Repsol’s Group or Repsol Foundation.

For more information, visit Repsol Foundation.