Energy Ventures

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What is Sunseap Energy Ventures?

Sunseap Energy Ventures is an Asia-Pacific Incubator & Accelerator Program to discover the next big disruption or startup which focuses on renewable energy and related innovations. We seek innovators who are driven by the desire to make the world a better place. We are keen to explore ideas with you, regardless how big or small. If you are a self-motivated and focused entrepreneur, we'd like to talk to you.

Application Process

1. Search & Pitch (3 Months)

Talent search and filter down to 5-7 for Pitch
Pitch: 1 Day (to Committee)

2. Mentoring & Development (3 Months)

Selected applicants undergo mentoring and development.

3. Presentation

Incubator: Presentation of Business Plan with/without Prototype

Accelerator: Presentation of Prototype with pricing

4. Award

Incubator: Awarding of Prize Money (As investment in company for equity)

Accelerator: Awarding of Purchase Order & possible investment for equity

5. Follow Up

FOLLOW UP: Execution of Prototype Commercialisation

Duration: TBC

Incubator & Accelerator Program

Incubator Program

Founders with innovations that are conceptualised within the last 3 years

Develop commercially viable products/services using Sunseap's existing IP/ideas/prototypes

SEV picks out about 2-3 applicants to incubate/mentor for a duration of up to 3 months every year

At the end of 3 months: Participants are to present a business plan (with either a Proof of Concept or Prototype)

Participants will be given up to $xxxx monthly salary, access to mentors, Sunseap's assets and resources

Prize Money: S$Y (as part of equity, from 10%)

Accelerator Program

Existing companies that are formed within the last 5 years

Seed-stage acceleration program

SEV picks out about 2-3 applicants to accelerate the development of their products using Sunseap's projects as test beds

At the end of 3 months: Participants are to present a business plan (with either a Proof of Concept or Prototype)

Reward: Sunseap could potentially purchase the new product/service

Prize Money: S$Z (as part of equity, % to be confirmed)

Frequently Asked Questions »

1. What is a business incubator program?

Business incubation supports the advancement and progress of start-up firms and entrepreneurs by allocating resources and services required for product development. Incubators nurture and cultivate these young companies who are in the midst of growth during this vulnerable starting period.
2. What is the SEV Incubator Program?

The Incubator Program is a managed environment that provides mentorship, care and guidance for new start-up firms in its beginning developmental stages. These enterprises will be entitled to our service tools such as consulting, assessment and access to Sunseap's assets and resources.
3. What are the qualifications/requirements for the Incubator Program?

The Incubator Program is for founders with innovations conceptualised within the last 3 years.
4. What is the SEV Accelerator Program?

The Accelerator Program aids existing companies in accelerating the development of their product by using Sunseap projects as test beds. Participants will present their business plan after 3 months, which would then potentially be purchased by Sunseap.
5. What are the qualifications/requirements for the Accelerator Program?

The Accelerator Program is for existing companies formed within the last 5 years.
6. What is the difference between the Incubator VS Accelerator Program?

The Incubator Program is for founders with innovations conceptualised within the last 3 years, who will be mentored by SEV as they develop products/services using Sunseap's existing resources. The Accelerator Program is for existing companies formed within the last 5 years who will receive resources to accelerate the development of their products using Sunseap's projects as test beds.
7. If my firm is not selected for the Incubator/Accelerator Program, can I still receive assistance from Sunseap?

If your firm is not selected for the program, you are always welcome to apply to the later batches of the SEV Incubator/Accelerator Program.
8. How do I apply for the Incubator/Accelerator Program?

Please contact us here.

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