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Energise program for energy, resources start-ups
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THE energy and natural resources (ENR) start-up technology company accelerator program, Energise, is calling for nominations from Australian businesses.
“Energise will help ENR companies tap the innovative edge of Australian start-ups, while assisting start-ups to enter new markets, establish brand leadership, and even unlock value in their current operations,” KPMG Energise program director, Toby Gardner said.
“Energise is a collaborative platform that allows companies to co-create with start-ups, entrepreneurs, and advisors to innovate and even create new industries." 
KPMG Australia has opened applications for tech start-ups to compete for places in Energise.
Initiated and run by KPMG Australia, Energise is designed to promote collaboration across the sector by connecting the brightest tech start-ups with Australia’s leading ENR companies. Energise aims to address some of the major operational problems currently faced by these companies, and provide start-ups with the opportunity to present their solutions.
Corporate participants in the Energise program include Atlas Iron, BHP Billiton, Fortescue, Inpex, Laing O’Rourke, MACA, Shell, Synergy, Woodside and Worley Parsons.
“Energise offers start-ups not only access to ENR customers and mentorship, but market awareness and access to capital – with more than $200,000 in prizes to be won,” Mr Gardner said.
Up to eight successful ENR start-ups will be selected to participate in Energise’s 12-week intensive program, commencing in May. The program aims to rapidly develop start-ups’ business models, products and service offerings by providing founders with access to KPMG Australia’s services, real ENR customers and capital introductions.
Successful applicants will receive mentoring from world-class entrepreneurs and experienced ENR technology mentors based locally and in Silicon Valley.
The Energise program will complete in August, with participants presenting their final pitches to Australia’s leading ENR companies, venture capitalists, and other potential financiers.
To meet the criteria for Energise, Australian tech start-ups must have: a technology solution applicable to energy and natural resources or supporting service businesses to the sector; a founding core team in place of at least two or more; a customer base providing annual revenue of no more than $5 million, or in the absence of customers, have seed funding or a development spend to date of at least A$100,000; a willingness to work from the KPMG offices in Perth, Western Australia, for the program’s duration.
Woodside has donated a $100,000 cash prize, with a further $50,000 cash prize donated by Resource Capital Funds/Jolimont Capital. There are also more than $50,000 worth of other prizes for leading start-ups in the program.
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