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Pertamina hunts for start-ups to develop and finance under its wing
The PT Pertamina Persero-owned Universitas Pertamina is collaborating with Gadjah Mada University’s business incubator Gama Inovasi Berdikari (GIB) for the 2022 Innovation Energy Start-up Challenge Pertamina XSCOUTS.
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T
he PT Pertamina Persero-owned Universitas Pertamina is collaborating with Gadjah Mada University’s business incubator Gama Inovasi Berdikari (GIB) for the 2022 Innovation Energy Start-up Challenge Pertamina XSCOUTS. From September to November of this year, XSCOUTS aims to discover promising energy start-ups to receive mentorship and financing from Pertamina.
XSCOUTS is looking for participants who offer innovative, out-of-the-box products with commercialization value and demonstrate entrepreneurial leadership. Their ideas must be original and bear the theme “Aligning Collaborative Innovation for Future Energy”.
The program targets start-ups in the energy and renewable energy fields, with challenges focusing on clean and new renewable energy, electrification, petrochemicals and derivatives as well as supporting future technology.
Start-ups can start registering and sending in their pitch decks from Sep. 27 to Oct. 31. Selected participants will receive an announcement on Nov. 11 and will pitch their ideas before a jury composed of business experts – both independent and affiliated with Pertamina, Pertamina University and GIB – the following week.
Winners will be announced on Nov. 18 and will be awarded with sustainable funding and a chance to have their product be included in Pertamina’s lineup of hero products.
“The winner of this challenge will get to take part in advancing the business of Pertamina as well as its future products,” added GIB director and person-in-charge of the 2022 XSCOUTS Ridha Nurul Azizah on Nov. 5.
Start-ups consisting of five Indonesian nationals aged 18-35 are invited to prepare pitch decks for two innovation titles in pdf format. They must also prepare photos of team members, legal documents (for formal business entities) and sign a statement of participation that can be downloaded.
For more information, visit http://innovationenergystartupchallange.com/, contact Afrida Wardani by email at official@gamainovasi.com or call 085731062849.
