Aberdeen's OGTC Close to Announcing TechX Pioneer Program Winners
Aberdeen’s Oil and Gas Technology Centre (OGTC) is close to announcing a list of successful applicants to its TechX Pioneer accelerator program, which aims to help smaller technology developers take their solutions to the oil and gas market faster.
The list of 125 entrepreneurs that applied for the program has already been whittled down to 16 following a review process, which involved more than 50 TechX mentors, partners and members of the OGTC.
The 16 companies that are still in with a chance of claiming one of the 10 places up for grabs on the program are scheduled to pitch their business and technology idea to a panel of industry experts on March 7 at the Technology Centre’s Innovation Hub. Winners will be announced March 14, an OGTC spokesperson confirmed.
TechX Pioneer offers a 16-week accelerator program, which starts in June, as well as funding of up to $138,858 (GBP 100,000). The full list of 16 finalists can be seen below:
- Blue Gentoo
- Deep Cryogenics
- Immaterial Labs
- Innerpath Technologies
- Paragon Inspection
- RAB Microfluidics
- Resolute Energy Solutions
- Specialist Safety Systems
- Tenzor Geo
- test 1 srl
- Tubular Sciences
The finalists include five organizations that Elevator has supported through its Accelerator and Grey Matters Programs, which were delivered in collaboration with Scottish Enterprise.
“We are delighted with the response to the Pioneer program and encouraged to see applications from a wide range of industries and countries. We believe that the 16 finalists selected to pitch have technology ideas that could truly transform the future of the oil and gas industry,” David Millar, TechX director, said in an organization statement.
Gary McEwan, Elevator CEO, said he was encouraged but not surprised at the high quality of those who made the shortlist.
“This is an incredibly innovative region and if we use the right levers we can do much to unlock and anchor this potential,” McEwan said in an organization statement.
“Elevator is clearly creating high quality teams that feed well into TechX. The Grey Matters program is a particularly appropriate precursor to what TechX will deliver,” he added.
“It’s very heartening to be playing our part to ‘join the dots’ in the north east. This is genuine collaboration in action,” McEwan continued.
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