OIL2110. KEYNOTE: Funding Innovation in the Global Energy Transition
There is a great opportunity to expand the available technologies that will lead the global energy industry in the 21st century, and this opportunity is being met head-on by the Colorado School of Mines. The Mines Global Energy Future initiative will produce annual programming focused on the role of oil and gas, renewable energy, carbon capture utilization and storage, supply chain transparency, emissions monitoring, circular economy and more – themes that all reflect Mines’ scientific and technical expertise across the energy system and demonstrates the university’s cradle-to-cradle approach to creating a sustainable global energy future. In this session, we will discuss the strategies that we will use to fund and develop new startup companies that will create and deploy these new technologies. This will include the development of new business incubator and accelerators, Gap Funds, Innovation Funds and Venture Funds specifically designed to rapidly accelerate progress and deployment of these technologies.
Learning Objectives:
- Identify the basic concepts of the Global Energy Futures Initiative
- Assess the processes used by Business Incubators and Accelerators
- Recognize the difference between Gap Funds, Innovation Funds and Venture Funds
