Mitsubishi launches New Startup to Promote Decarbonization
Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK) announced a new startup accelerator program designed to promote efforts to decarbonize.
MC and NYK will team up with Startupbootcamp Australia (SBC Australia), a branch of one of the largest Europe-origin accelerators Startupbootcamp Group. SBC Australia specializes in energy-related acceleration and has a proven track record. This program aims to scout and support promising startups with disruptive technologies and business ideas to solve problems in the energy and resource sectors.
Separately, MC and NYK have already collaborated with various startups that are invested in decarbonization, however, their new program will provide them with a joint platform to research the latest trends in decarbonization and opportunities to collaborate with emerging startups. The partners expect to run several program cycles to accelerate a significant number of startups.
As global efforts to decarbonize gain momentum, MC and NYK are demonstrating their commitment to the realization of sustainable societies by applying their know-how in resources, energy and business development to support the swift growth of promising and unconventional startups in the energy sector.
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