Industry/Technology: energy, ecology, innovations, technologies, Sustainable Development Goals
Regions – Asia
The program aims to develop innovative technologies for reducing greenhouse gas emissions in the oil and gas industry.
Focus areas
- Carbon capture, utilization and storage (CCUS);
- Nature-based solutions (wastewater treatment, mangrove forests, algae);
- Digital solutions for decarbonization;
- Advanced materials for decarbonization;
- Oil and Gas Emissions Reduction;
- New energy.
Eligibility criteria
- The competition is open to early stage companies from all over the world and relevant to the areas.
- The technology must be piloted within the competition and not widely known worldwide.
- The technology is at a Technology Readiness Level (TRL) of 4 to 8 inclusive.
- The technology is suitable for the climate conditions of the UAE.
- 1-2 representatives of the company are available in December 2023 to attend and present at the final event in the UAE.
Prizes
- Up to 1,000,000 US dollars to launch a project.
- Access to modern research and innovation centers in Abu Dhabi.