TotalEnergies launches an electricity start-up accelerator program
To support its growth in electricity and renewables, TotalEnergies is launching TotalEnergies On, an electricity start-up accelerator program at the world’s largest start-up campus, STATION F in Paris. The program’s objective is to identify and support start-ups developing innovative digital solutions for the electricity sector, whether for renewable production, storage, decentralized energy management, trading, sales or electric mobility.
Start-ups joining the program will benefit from:
- All the synergies offered by the unique STATION F, a community of more than 1,000 start-ups, unlike any other campus of its kind.
- At least six months of personalized support from entrepreneurs who are themselves professional accelerators for businesses with potential.
- Preferential access to TotalEnergies’ teams to help them test and improve their products, services and business models.
“TotalEnergies is transforming by developing its activities in the electricity and renewables value chain. We believe in the importance of innovation in this field for driving our future growth, so TotalEnergies is moving to support the development of the most promising start-ups in the sector and create an electric and digital ecosystem,” said Patrick Pouyanné, Chairman and Chief Executive Officer of TotalEnergies. “We are delighted to launch our accelerator at STATION F, a global landmark for entrepreneurs, in line with our aim to create a major innovator in low carbon electricity.”
“We’re seeing real awareness across the start-up ecosystem, with more and more start-ups and large corporations wanting to make a positive impact on society and our daily lives,” said Roxanne Varza, Director of STATION F. “We are delighted to welcome TotalEnergies for the first ever program dedicated to energy transformation at STATION F, which will bring together and accelerate start-ups in this field, and spotlight electricity businesses on the campus.”
Once the start-ups have completed the accelerator program, TotalEnergies may acquire equity interests in the most promising ones. The first session of TotalEnergies On will begin in May 2022, and details on how to take part in the program are accessible here.