OGTC’s TechX gears up with support ahead of launch

More than 50 industry leaders, entrepreneurs and established organisations have signed up to support start-ups and SMEs through the Oil & Gas Technology Centre’s soon-to-be launched technology accelerator.

A series of events were held recently at the centre’s newly opened “Innovation Hub” in Aberdeen to introduce potential mentors and partner organisations to the TechX programme.

Through it, partners will support the development of the next generation of companies for the energy industry with access to facilities and networks, as well as facilitating and co-funding field trials.

Mentors will provide expert advice, guidance, support and broker connections through their network.

Programme partners will also benefit from access to companies at the forefront of technology development.

TechX, which launches in December 2017, will support new technology developers take their solutions to market.

It aims to invest in more than 100 new technology companies in the next decade, offering an intense development programme, rapid product prototyping, expert mentors and partners, fast access to facilities, field testing and funding with no equity or pay back required.

David Millar, TechX Director, said: “A network of mentors and partners is critical to the success of TechX, so it’s very encouraging to see so many experienced individuals and organisations keen to support the next generation of technology companies.

“TechX is here help smaller technology developers take their solutions to market and we want to create a global technology hub in north-east Scotland.

“We believe our unique proposition will help us achieve this, and we look forward to working with innovative, forward-thinking companies as we launch in December.”

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