How it works
Brand new for our 2019 program, the startup pitch competition is an opportunity for early stage energy tech companies to showcase their product for an audience of energy sector executives from Japan.
Up to 8 companies will be invited to pitch for 5 minutes at Japan Energy Challenge 2019 in an event on the afternoon of 6 August 2019. Winners will receive a cash prize, features in the Japan Energy Challenge media releases, and the opportunity to build early connections with potential future partners in the Japanese energy sector.
Interested companies can submit their application before 1 April 2019. Following the close of applications, the JEC team will shortlist applications and reach out for interviews. Final invitations are expected to be sent by 1 May 2019.
Who can apply
SUMMIT ENERGY is a subsidiary of Sumitomo Corporation, one of the major integrated trading firms in Japan. They supply electricity to both commercial and residential customers. In 2016, they supplied 2,800GWh, making them the 6th largest retail electricity supplier in Japan. Summit Energy has its own generating capacity from a variety of sources, including biomass power generation.
ENECHANGE LTD. is Japan's most popular energy switching website, having 3 million monthly unique visitors and working with over 100 energy suppliers. Enechange is also recognised as one of the most innovative energy ventures in Japan, providing vertically integrated tech solutions - such as data-driven CRM solutions, smart-meter data management (SMAP), AI-driven load curve simulation etc. - for energy suppliers.
JXTG Nippon Oil & Energy is the largest oil company and 3rd largest new electric power supplier in Japan, and is known by its brand ENEOS. JXTG Nippon Oil & Energy has crude refining capacity of around 2 million barrel per day - which is comparable to BP - and a nationwide supply chain enabling stable supply of products and services associated with energy. JXTG Nippon Oil & Energy has also been increasingly supplying low-carbon energy sources, such as solar power, wind power, biofuel, and hydrogen, while developing related technologies.
TOKYO GAS is Japan's largest provider of natural gas, serving more than 11 million customers. In FY2016, TOKYO GAS made a start by entering the electricity retail business and has since reached 1,110,000 customers (March 2018). TOKYO GAS is shifting from the in-house R&D focused on natural gas energy to an open innovation style R&D to focus on a broad range of innovative energy solutions.
LOOOP operates a low-voltage power retail business ‘Looop Denki’. Since starting in April 2016, the business has gained over 100,000 users by the end of March 2018. After reaching this critical turning point, LOOOP aims to reach 200,000 users by the end of the next fiscal year, and is opening a broad array of new services to attract smart energy consumers.
NEXT ENERGY is an integrated solution provider for renewable energy currently dedicated to solar PV, including services for solar module procurement, mounting system and energy storage system manufacturing, EPC, O&M and asset management. NEXT ENERGY also owns and operates GREENa - Japan’s first 100% renewable electricity supply plan.
Let's get started!
Jan 1, 2018
Call for applications opens and scouting begins - 1 January 2019
May 1, 2018
Company interviews - 1 April 2019
Jul 5, 2018
Finalists confirmed - 1 May 2019
Jul 6, 2018
Pitch competition - 6 August 2019
What criteria will you use to select participants?
In order of importance, we will assess:
1. Partner interest in your solution
2. Traction achieved to date
3. The quality of your technology demonstration
Do we have to move to Japan?
Not unless you want to! Attendance at our London pitch event on 6-8 August is mandatory, and other meetings will be held in London or on Skype depending on your preference. If you successfully win a project, our team can help with the logistics of deploying it in Japan to minimise disruption to your team.
Does it cost anything to participate?
Japan Energy Challenge is entirely free for the invited participants. Unlike other programs, we won't ask for equity or commission - the costs are entirely supported by our sponsors. We are invested in making sure you van have a great outcome!