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Repsol has 144 thousand euros for energy and mobility startups (Dinheiro Vivo)

The selected projects will be announced in July and, from there, financially supported every month, with two thousand euros per month.

Non-recoverable funds, access to mentors and investors and specialised training – this is what Repsol has to offer through its Entrepreneurs Fund, which is already in its sixth edition, although for the first time in Portugal.

Interested companies can apply until March 31 and selected projects will be announced in July. After that, they will be financially supported every month, with two thousand euros per month. In total, Repsol has 144,000 euros available for this initiative.

The Fund will be available for startups in the fields of energy and mobility that are still in the design stage, without having reached the commercial planning stage, or ideas that are still being developed. SMEs or individuals may participate in a personal capacity.

On Monday, the Repsol Foundation will sign a protocol with the entity that will manage the Portuguese participation in the initiative, the Institute for Systems and Computer Engineering, Technology and Science (INESC TEC).

Dinheiro Vivo, 14 February 2017

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