Norwegian state - owned energy company Statoil has launched a partnership with entrepreneur network Techstars to help them find innovative energy start - ups in the country . “Companies in the program will focus on developing potentially transformative technologies and business models across the energy sector to improve safety, security, capital efficiency, operational performance and sustainability,” Abelsnes writes. Founded in the US in 2006 , Techstars now operates through a series of " accelerator " programmes worldwide , which provide funding to entrepreneurs working on innovative projects . Under the initial programme , those selected will receive $ 120,000 of funding and access to Techstars ' mentors , along with energy support from Statoil .
Norwegian state - owned energy company Statoil has launched a partnership with entrepreneur network Techstars to help them find innovative energy start - ups in the country . Founded in the US in 2006 , Techstars now operates through a series of " accelerator " programmes worldwide , which provide funding to entrepreneurs working on innovative projects . Under the initial programme , those selected will receive $ 120,000 of funding and access to Techstars ' mentors , along with energy support from Statoil .