SolarX Startup
Challenge 2024:
Asia-Pacific Region
The SolarX Startup Challenge for the Asia-Pacific region
was launched by the International Solar Alliance (ISA)
during COP 28, solidifying its commitment to driving
entrepreneurship and promoting local solutions in the
pursuit of increasing solar deployment.
This initiative is dedicated to capacity building, and follows the success of its Africa edition. The Asia-Pacific (APAC) region is a pivotal player in shaping a sustainable and low-carbon future for the world. The SolarX Startup Challenge is open for participation for all startups, entrepreneurs, innovators in the solar sector. From the submissions, 20 promising startups will be selected as the winners of the challenge and will be granted USD 15,000 in cash.
The APAC edition is generously supported
by the Sequoia Climate Foundation.
The winners in the SolarX Startup Challenge will not only gain financial backing but also benefit from a robust acceleration program and receive mentorship from seasoned professionals. Successful entrepreneurs will find avenues to engage with potential investors and opportunities to explore diverse markets across the Asia-Pacific region. Centered on nurturing scalable business models and expediting global energy transitions, the SolarX Startup Challenge encapsulates our shared commitment to unlocking the vast potential for solar deployment.
Three-fold Benefits to the APAC Region
- Promotion of the Solar Energy Sector: Elevate the solar energy
sector by supporting and promoting transformative solutions. - Thinning the Energy Crisis Gap in Asia-Pacific: Address the
energy crisis gap in remote and underserved areas, ensuring
greater energy accessibility. - Promotion of a Strong Startup Ecosystem in Asia-Pacific:
Cultivate a robust startup ecosystem by encouraging
entrepreneurship and fostering economic growth.
Eligibility
- Operation Duration: Must have operated for a maximum of 10 years, calculated from the incorporation date until public nominations open.
- Revenue: Participants must demonstrate a consistent generation of monthly revenue from their operations.
- Innovation: Must showcase a minimum viable product and/or service explicitly related to innovation.
Ready to shape the future of solar energy in the Asia-Pacific region?