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EIT InnoEnergy joins Spanish energy companies in Positive Energy + initiative to deal with the impact of COVID-19 through innovation

The objective of this pioneering platform in Spain is to support startups in the development of projects, from the perspective of energy and in the fields of environmental sustainability, mobility, social impact, digitisation, telecommunications and 4.0. The initiative, promoted by Enagás, Red Eléctrica, CLH, Iberdrola, BP, EIT InnoEnergy and Acciona, is open for other companies and institutions to join in Spain.

What is Positive Energy +?

Several companies in the Spanish energy sector have come together to fight together against the effects of the crisis caused by the coronavirus in Spain. To do this, they have created Positive Energy +, a pioneering initiative in our country to use innovation as the main tool to offer effective responses to help alleviate the economic and social impact of COVID-19. This platform is initially promoted by Red Eléctrica, Enagás, CLH, Iberdrola, BP, EIT InnoEnergy and Acciona, and institutions such as Startup Olé, ASCRI and El Referente have already confirmed their collaboration. It is also open to other companies and organisations that want to join.

How does it work?

Participating corporations, through their subsidiaries or technology departments / corporate venturing teams, launch this urgent call to financially attract and support startups and scaleups that have innovative projects that can be launched immediately and developed and implemented in the maximum term of one year. The projects supported must be related, from the energy perspective, to the areas of environmental sustainability, mobility, social impact, digitisation, telecommunications and 4.0, and must contribute to mitigating the economic and social effects caused by COVID-19 in Spain. Each one of the companies will support at least one startup /scaleup by providing financing for the development of the project and/or by making their innovation, investment, commercial development and structure tools available to them.

How to apply?

The deadline for receipt of proposals is open from April 7 until April 19. The objective is to streamline the project selection process as much as possible so that they can start working from the second half of May. To see all the information about Positive Energy +, click here.