Maritime Decarbonisation

30 Jul, 2020

The deadline for Smart Port Challenge 2020 submission is just around the corner and today, we have concluded our roadshows with Ecolabs addressing the innovation opportunity on Maritime Decarbonisation.

 

Dr Aravind Muthiah from Ecolabs kicked off his sharing with a brief background, mainly around capability building, testbeds, demand driven co-innovation and providing support in business commercials. 

 

Moving on, he talked about supporting the International Maritime Organisation’s (IMO) goal of a 50% emission reduction in the next 20 years, and the 4 focus areas Ecolabs are particularly interested in.

  1. Port Electrification
  2. Energy Efficiency and Carbon Capture
  3. Zero Emission Vessels/ Fuel Switch
  4. Circular Economy

 

The start-ups they are looking for:

  1. Seed to Series A stage
  2. Those with demonstrable prototypes and operational technologies
  3. Those with significant technology and business-model innovation component
  4. Do not have to be strictly from maritime sector

 

On top of that, Ecolabs can support the selected start-ups in the following ways:

  1. R&D Manpower
  2. Labs/ Equipment Infrastructure
  3. Funding & Government Grants
  4. Testbed Infrastructure
  5. Business Readiness Sessions
  6. Up to S$150k support

 

Re-watch the recording here if you’ve missed it.

 

If you have any doubts, do reach out to us via our social media channels or e-mail, enquiries@pier71.sg .

 

 

 

Lastly, don’t forget to submit the Smart Port Challenge 2020 proposal template (download here!) and your company’s pitching deck by 10 August 2020 here!

 

As a reminder, in addition to the 17 innovation opportunities, start-ups with innovative solutions in areas such as smart port, smart ship and green technology are welcome to submit their proposals under the open category.

 

Shortlisted finalists are enrolled in a two-phase, 12-week programme.


Phase 1: Fit Check - Market Discovery and Validation

Kickstart your journey by diving deep into the heart of your market! In this phase, we'll help you answer the pivotal question: Is there a product-market fit for your solution? Validate your tech, test your assumptions, and find the perfect match for your innovation. A review will be conducted at the end of Phase 1. Only selected participants will advance to Phase 2.


Phase 2: Gap Busters - Navigating New Markets

Now, it's time to bridge the commercial gap. In this phase, you’ll partner with industry veterans who bring sharp business insights to the table. Together, you’ll navigate and conquer markets that may be uncharted territory for your startup.


Although the programme is designed for remote and overseas participants, in-person participation is required for the following events conducted in Singapore: