Yara Marine is inviting technology startups to apply for the second round of its Yara Marine X startup accelerator programme.

The programme seeks applications from early phase startups with a sustainability focus or clean technologies. Yara Marine will choose 10 applicants to attend an event in March where the startups can pitch their business models to industry experts and receive feedback.

Those successful at the event will be invitated to a two-week intensive bootcamp and receive a tailored three-month accelerator programme based on the startup’s needs. Support offered could include competency guidance, mentorship, the chance to work hands-on alongside the Yara Marine X team, facilitation of partnership opportunities, possible investments, and a collaborative future with Yara Marine and its network.

“Even with the proliferation of cutting-edge clean technologies being proposed and tested, the needs of the industry are likely to outweigh the timeline, financial capital, production capacity and/ or market availability for recent technology startups. It is therefore crucial that those of us with experience in this process act as hubs to facilitate rapid development and entry to market,” said Per Bjärkby, Chief Technology Officer of Yara Marine Technologies.

Thomas Koniordos, CEO of Yara Marine Technologies said: “Accelerating the timeline for the development and market entry process for viable green technologies can help address emissions and the effects of climate change. We must act now to find workable solutions for different users and markets if we intend to save our planet and leave it healthier for future generations.”

Source: Seatrade Maritime News