Mumbai, 25th April 2018: Tata Trusts and Social Alpha announce the launch of the second edition of Social Alpha Energy Challenge 2.0 (SAEC 2.0) to find disruptive, innovative and impactful technology blueprints and prototypes across the energy value chain from generation, distribution and storage to consumption.
In its first year, the Social Alpha Energy Challenge in 2018, selected a cohort of 11 start-ups with impactful technology innovations that included EV charging equipment and charging station, solar powered efficient machine for agriculture, biomass conversion equipment, innovative battery technologies, smart meters and data analytics platform, zero-emissions turbine-based energy storage and power generation engine.
SAEC 2.0 is looking for individuals, institutions and start-ups with clean energy technology innovations that have the potential to address the issues of energy poverty, energy access and climate change, scale across locations as well as business model sustainability. Successful applicants will be expected to demonstrate impactful science and technology innovations with an underlying focus on affordability, accessibility and user-experience. The Challenge will focus on finding solutions across areas but not limited to household, farm, industry, transport, building, infrastructure and utilities.
This year the challenge is inviting applications in two categories, “pre-pilot” and “post-pilot”, to address the needs for technologies and start-ups in different stages of product development differently. The “pre-pilot” category aims to support innovations which are in their very early stage and need handholding and mentoring for product development, including support in physical prototype development and testing. The “post-pilot” category is for start-ups that have crossed the first pilot or have demonstrated a working prototype and need more support in product management and go to market execution.
Up to 20 innovations will be selected and will be incubated by the Clean Energy International Incubation Centre (CEIIC). CEIIC, Social Alpha’s deep-tech Energy Innovation Lab, is the joint initiative of the Government of India and Tata Trusts. Supported by Department of Biotechnology, BIRAC, Tata Power and Tata Power-Delhi Distribution Limited, CEIIC has become the first International Incubator in India under Mission Innovation, focused on cleantech and climate change. CEIIC will also support entrepreneurs by providing solution development infrastructure, last-mile connectivity and end-use deployment of successful research outputs.
Speaking about the challenge, Manoj Kumar, Head of Innovation and Entrepreneurship, Tata Trusts and CEO, Social Alpha, said, “To meet the exponentially growing global energy needs and to make energy accessible to all, it is critical to promote and invest in technology innovations that enhance availability, sustainability and efficiency across the entire energy lifecycle. Sustainable energy is one of the greatest enabler for livelihoods and has the potential to transform lives, economies and the planet. We believe that supporting science and technology-based innovation through their lab to market journey. can play a very crucial role in stimulating economic growth, preventing environmental degradation, reducing dependency on unsustainable practices and most importantly, enhancing the overall quality of life of people.”
The application for SAEC 2.0 will be assessed on select parameters such as the breakthrough nature of the innovation, business viability, environmental sustainability, social impact, and scalability potential.
The winners will receive:
The last date to submit applications is June 30th, 2019. Entrants for the energy challenge can register here: www.socialalphachallenge.org
About Tata Trusts
Since inception in 1892, the Tata Trusts, India’s oldest philanthropic organisation, have played a pioneering role in bringing about an enduring difference in the lives of the communities it serves. Guided by the principles and the vision of proactive philanthropy of the Founder, Jamsetji Tata, the Trusts’ purpose is to catalyse development in the areas of healthcare and nutrition, water and sanitation, education, energy, rural upliftment, urban poverty alleviation, and arts, craft and culture. The Trusts’ programmes, achieved through direct implementation, partnerships and grant making, are marked by innovations, relevant to the country. For more information, please visit http://tatatrusts.org/
Linked In: Tata Trusts Twitter: @tatatrusts Facebook: Tata Trusts Instagram: tata_trusts
About Social Alpha:
Social Alpha promotes innovations and entrepreneurship with a mission to create large scale sustainable social, economic and environmental impact. Social Alpha nurtures start-ups through their lab to market journey, helping them create high quality, commercially viable, accessible and affordable solutions. Social Alpha is focused on catalysing entrepreneurship for impact and provides critical technology and business incubation support to the mission driven start-ups. For more information, please visit www.socialalpha.org.
LinkedIn: Social Alpha Twitter: @SocialAlphaIN Facebook: Social Alpha Instagram: social_alpha_in
Mobile: +91 9821071527