TechX at the Oil & Gas Technology Centre
TechX at the Oil & Gas Technology Centre sponsor the Inspirational Mentor of the Year category, new for 2018.
About TechX at the Oil & Gas Technology Centre
The Oil & Gas Technology Centre is a not-for-profit, research and knowledge company, which aims to become the go-to technology centre for the oil and gas industry in the UK and globally.
With £180 million funding from the UK and Scottish Governments as part of the Aberdeen City Region Deal, the Centre inspires, accelerates and funds technology innovation, co-investing in industry-led projects that take new technologies from early stage concept through to deployment in the oil field.
In its first 12 months, the Centre co-invested £37 million with industry in more than 70 projects to develop and deploy new technology that could transform the future of the UK North Sea.
TechX is a unique technology accelerator and incubator from the Oil & Gas Technology Centre.
It helps smaller, ambitious technology developers take their solutions to the oil and gas market – faster. TechX already has a global appeal with 200 applications received from 24 countries.
The TechX Pioneer programme is for start-ups with new technology ideas and provides an intense 16-week accelerator, game-changing funding – with up to £100,000 available - and 12-month incubator. SMEs from all sectors can benefit from the Market Entry programme, which offers up to £500,000 funding and unrivalled access to customers to help fast-track a route to market.
Participants on both programmes benefit from the support of experienced business mentors, co-working space, forward-thinking business partners, rapid prototyping, test facilities, large-scale field trials, and showcase events. TechX requires no equity or payback, and the developer retains all intellectual property.