Sweden blazes path for sustainable energy start-ups amidst COVID-19


The European Institute of Innovation and Technology, (EIT InnoEnergy) has partnered with Skellefteå Kraft, a municipality-owned power company in Skellefeå, Sweden, to launch the Accelerate Skellefteå Project. The platform will offer applicants from across Europe the opportunity to grow their sustainable energy businesses in Sweden, as part of a green economic recovery post-COVID-19.

Home to Northvolt’s battery production plant – the largest single site investment in Europe – and investing in a multi-billion-euro development programme for smart and sustainable infrastructure, Skellefteå is quickly becoming an innovation hub for renewable energy. This makes the city an attractive launch pad for energy start-ups.

The initiative calls for start-ups across the entire energy value chain and will close on 23 August.

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Successful applicants will be part of a three-month tailored programme offering access to a broad range of services, such as supply chain development, business validation, revenue and pricing models, as well as technology and industrialisation support. The successful start-ups will also have the opportunity to collaborate closely with EIT InnoEnergy and Skellefteå Kraft to support the city’s, and the entire region’s energy transition.

Kenneth Johansson, CEO of EIT InnoEnergy Scandinavia said: “At a time where, naturally, the conversation around the energy transition took a slight back seat, we are determined to continue to support start-ups to accelerate Europe’s green economic recovery. With the announcement of the European Green Deal, there has never been a better time to drive sustainable energy innovation.

“Sweden has been at the top of the EU Innovation Index for several years and Northern Sweden greatly contributes to this success. With multi-billions of planned sustainable investment over the next 20 years – the region is at the cusp of an accelerated transition and we’re ready to make that happen.”

EIT InnoEnergy signed a partnership with Skellefteå municipality last year to support its plans and is involved in several projects across the city, including the smart and sustainable development of local infrastructure.

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