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KPMG has launched its Energise program for a second year, aimed at connecting innovative start-ups in the energy and natural resources sector with industry leaders who can help fund their projects.
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KPMG continues start-up program for energy sector
12 October 2016
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Last year the program saw $650,000 in capital delivered to eight Australian start-ups.
According to KPMG, the 12-week program is designed to “foster collaboration and co-creation between start-ups and top-tier energy and natural resources (ENR) sector corporates, and help to deliver step change improvements in cost, productivity, social, environmental and safety performance”.
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KPMG WA chairman of partners Gary Smith said the ENR sector plays a key role in not just driving Australia’s economy, but also driving innovation.
“Start-ups bring new ideas and technology, and deliver much-needed solutions to underpin the ENR sector’s competitiveness in an increasingly global marketplace. KPMG’s aim is to fuse these two capabilities,” said Mr Smith.
“By bringing a new and enhanced version of the Energise accelerator to market, we hope to play a role in enhancing creative innovation within one of Australia’s most important industries – and help build a generation of global leading technology companies in Perth and Brisbane.”
Corporate participants in this year’s accelerator so far include Woodside Energy, Wesfarmers Chemicals Energy & Fertilisers, and South32. They will complete a new corporate curriculum specially developed following the 2015 Energise program to help large organisations maximise the benefits of collaborating with start-ups.
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