innovation

A US energy provider to 2.4 million electric and more than 900,000 natural gas customers is looking for startups to partner with to make its energy grid smarter, more reliable, resilient and secure.

Ameren is through its Accelerator initiative seeking for energy-focused startups to develop smart community and clean energy solutions.

The Accelerator initiative, now in its third year, is deployed in partnership with the University of Missouri System, UMSL Accelerate and Capital Innovators.

Startups seeking mentorship and funding can register at amerenaccelerator.com until the 24th of May.

Shortlisted startups will receive $100,000 in seed capital to participate in the 12 week Accelerator programme, which will be located in Cortex – St. Louis' innovation and technology district.

At the conclusion of the programme, participants will showcase their efforts to mentoring teams, potential third-party investors, corporate executives, entrepreneurs, students and the general public during Ameren Accelerator Demo Day in November.

"As technologies continue to advance in the energy sector, we believe there is no better time to lean forward and focus on innovation so that we can meet our customers' rising energy needs and expectations for generations to come," said Warner Baxter, chairman, president and CEO, Ameren.

"As a University-led Accelerator, we bring brilliant scientists, faculty and researchers to amplify the program, mentors and alums to coach and connect, as well as eager students who work hard for the selected companies," said Dan Lauer, founding executive director, UMSL Accelerate. "What energy entrepreneur would not want to participate?"

Since its inception in 2017, more than 500 companies have applied for the programme.