Accelerating the global energy transition and facilitating innovation in the Japanese energy sector is an ambitious goal, and our sponsors for Japan Energy Challenge 2019 exhibit a spirit to be the leaders in this transition.
With the senior decisionmakers for these companies arriving in August for a week of events focused on energy sector innovation, it's going to be an exciting event. Collectively, they control a commanding portion of the Japanese energy market, so the solutions that are a success at JEC2019 will have a great opportunity ahead of them. We look forward to welcoming them this year and working to advance the industry as a whole.
As we enter 2019, a host of new corporate partnerships and activities are announced between European and Japanese firms, read our round-up and conclusions here!
Japan Energy Challenge and Enechange hosted the Global Business Innovation Programme on the 29th January 2019, to match UK innovators with Japanese energy companies. The event was a collaboration with the UK Government’s innovation agency Innovate UK. It was aimed at providing a match-making and networking platform for 14 hand-picked, innovative UK projects in the Japanese energy market.
After 6 months of screening and preparation, the inaugural run of Japan Energy Challenge took place on 4-6 July in London. Highlighted by dozens of meetings between the executives of Japan's largest and most innovative energy sector companies and Europe's best startups, all participants left with a greater understanding of their respective markets and product offerings. However, Japan Energy Challenge isn't just for presenting innovative products and business models in the energy sector - it's about bringing them to life. While all of the participating startups were well-received, we highlighted two winners of our grand prize - a fully sponsored trip to Japan to meet the stakeholders in their project on their home turf.
After a rigorous selection process involving reviews of over 600 startups, we proudly announce the inaugural class for Japan Energy Challenge 2018. Startups were selected on the basis of strategic fit within the sponsors' goals & Japanese market, market traction, and technology demonstration. Over 600 startups were evaluated during the selection process to find promising leaders in industry verticals. Upon accepting our invitation, the startups presented and refined their proposal for collaboration over the period of several months. The July event in London will be the culmination of this work - where the startups will meet directly with the sponsors to hopefully get approval.
What do you get when you combine 10 of Europe's most innovative energy sector startups and match them with 6 of Japan's most forward-thinking corporates coming to the table with 1M-2M GBP in funds for pilot projects? A fast-paced event where the future of the energy sector is launched! Starting from today, Japan Energy Challenge 2018 will be accepting inquiries for attendees with a strategic interest relevant to the program.
With less than 2 weeks remaining in the call for applications, we are happy to announce our final list of corporate sponsors for Japan Energy Challenge 2018. The sponsors cover a broad array of the energy sector - from energy resource exploration through retail and consumer services.