Grampian-based Oil and Gas Technology Centre generates global interest in fledgling Tech-X incubator

The recently-launched technology incubator at the Aberdeen-based OGTC is generating global interest for its accelerator programmes with more than 75 applications received from 17 countries across five continents – so far.

TechX was launched in last month by the Oil and Gas Technology Centre – a not-for-profit, industry-led, technology research and development organisation – to help smaller, ambitious technology developers take their solutions to the oil and gas market more quickly.

Participants will benefit from the support of experienced business mentors, co-working space, forward-thinking business partners, rapid prototyping, test facilities, large-scale field trials, and showcase events.

In addition to the core funding and support from TechX, BP Ventures will offer a small, exclusive group of Pioneers a further £100,000 of funding each, as well as dedicated access to BP’s facilities and expertise.

David Millar, TechX Director, said: “We’ve had a great response so far with applications from Nigeria to Norway, Portugal to Pakistan and everywhere in between! There are only four weeks left to apply for the Pioneer programme and competition will be tough.

“We want to work with exciting tech companies from all industries, inside and outside oil and gas. We’re offering a new generation of entrepreneurs unrivalled funding and support to accelerate innovation and look forward to our first Pioneers starting in April.”

The deadline for applications is 7 Feb 2018.

11 Jan 2018

 

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