Global Victoria, Startupbootcamp Led Virtual Trade Mission Connects Smart Energy Ecosystems in India, Australia

Melbourne-based Energy tech companies had the opportunity to connect with start-ups in India through a virtual immersion program organised by Startupbootcamp in partnership with Global Victoria.

July 27, 2021. By Manu Tayal

The rapid growth in India’s renewable energy sector is driving demand for new technologies and investments in the evolving energy landscape. Melbourne-based Energy tech companies had the opportunity to connect with start-ups in India through a virtual immersion program organised by Startupbootcamp in partnership with Global Victoria.

This is a unique economic initiative to help the start-ups tap this growing sector and foster deeper business connections to stimulate trade, investment, and job creation.

The Start-ups connected through a Virtual Trade Mission takes them through In-market Immersion Programs in Melbourne for Indian start-ups and in India for Victorian start-ups.

The first leg of the program saw Startupbootcamp recruiting and connecting six Indian start-ups with energy companies, government officials, mentors, and investors in Victoria through the Energy Tech Hub platform.

They were given exposure on establishing a company in Victoria, understanding the Australian energy market, regulations and structure and key players, and gained direct exposure to the energy market players and the wider energy ecosystem. During this part of the leg, Startupbootcamp facilitated seven energy-focused events, connecting start-ups with more than 330 different organisations.

The second leg saw eight start-ups from Victoria being provided training through the Startupbootcamp digital platform and connecting them to partners in the Indian energy space through a series of workshops and events. These included leading Indian energy and power companies like BOSCH, Tata Power, Shell, Schneider Electric, General Electric, Sunpower Renewables.

The Indian companies presented their energy related challenges in areas such as Mobility, Blockchain, AI, ML & Deeptech, Home Automation, Data Analytics, Electric Vehicles, Renewables & Storage, Hydrogen, and Waste-to-value. This was followed by the Victorian start-ups presenting their capabilities to enhance the Indian energy ecosystem.

Manoj Kohli, Country Head, Softbank India, Country Head of Softbank India and Asia Society Victoria Distinguished Fellow, addressed the start-ups on investment and creating value in digital start-ups, the energy transition through renewables and EVs, future trends and opportunities in the energy industry in India and globally over the short and medium term. Startupbootcamp’s online training platform, SBC Digital helped the start-ups gain knowledge about key management and entrepreneurship concepts and be better equipped to pitch their businesses to different audiences.

These events brought together the best of companies in the power sector from India and Victoria including, Nebbiolo Technologies, IBM, OXTO Energy, Tata Industries, Tata Power, ZigZagSolar, WePower, Enact Systems Inc, Energos, BOSCH, GM consulting, REConnect Energy, Recovered Energy Australia, TechNovator. This project proved that an online program can effectively create promising international connections for start-ups globally and promote commercial engagements.

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