Yara Marine Technologies launched its new corporate accelerator program, Yara Marine X. This is a start-up competition aiming to provide a home for technology and solutions that will contribute to a greener maritime industry.
The competition is designed to attract mature start-ups looking for partners and investors. The winner will enter a bootcamp orientation of two weeks, followed by six months in a tailored accelerator program.
The program includes office space, a USD 10,000 up-front stimulus grant, potential later-stage investment from Yara Marine, and access to the company’s mentors, network, and facilities. Piloting and distribution opportunities with Yara Marine customers, suppliers, and network are part of the longer-term plan.
We will be recruiting young companies or professionals with a focus on sustainability and green solutions within vessel operations. Candidates will need to be adjacent to what we do in order to enhance our corporate performance as a whole and help us to build on our strong brand
says YMT Strategy Business Development Manager Thomas Gabestad
Target sources include ocean and maritime clusters, incubators, universities, various maritime programs, and the global start-up media. Key markets for the new technologies will be Asia, the Americas, and Europe.
The deadline for the application sets on October 11th, 2020, with the winner to be announced on November 4th.
