Deadline: February 28, 2025
Applications are open for the Bosch CarbonCapture Startup Challenge 2025. The CarbonCapture Startup Challenge is designed to compete with today’s global challenges. It is dedicated to nurturing innovative business ideas enabling a circular carbon economy.
Climate change and the reduction of greenhouse gas emission are among the greatest challenges of our time. At Bosch Business Innovations, they believe that the key to a sustainable future lies in cutting-edge technology and creative thinking. Seize the moment and take the opportunity to create a climate-positive future. Team up with Bosch to transform emissions into solutions.
Focus Areas
They are looking for bold ideas and solutions in the following areas:
- Direct Air Capture (DAC): Direct air capture (DAC) technologies remove CO2 directly from the atmosphere at any location, in contrast to carbon capture, which typically occurs at the point of emissions, like a steel plant. The captured CO2 can either be permanently stored in deep geological formations or utilized for various applications.
- Carbon Capture, Utilization and Storage (CCUS): CCUS encompasses the capture of CO2, typically from major point sources such as power plants or industrial facilities that burn either fossil fuels or biomass. If the captured CO2 is not utilized on-site, it is compressed and transported via pipeline, ship, rail, or truck to be used in various applications or injected into deep geological formations, such as depleted oil and gas reservoirs or saline aquifers.
- Downstream solutions within the entire carbon dioxide value chain: The carbon dioxide value chain can encompass a range of solutions, including carbon accounting for tracking emissions, carbon trading systems for buying and selling emission allowances, and the management of emission certificates to ensure compliance with regulatory standards and facilitate carbon reduction efforts.
Benefits
Participating in the startup challenge offers numerous benefits and opportunities that can enhance your project as well as professional growth. Validate your problem-solution fit and make your business idea investment-ready. Here’s what you gain:
- Develop your idea with Bosch: Validate your problem-solution fit, backed with diverse support, expertise, and resources of a global technology leader.
- Receive budget to validate your idea: Get 15,000 EUR budget to validate your ideas. Test your problem-solution fit in three months.
- Tap into expert knowledge: Benefit from Bosch expert workshops and mentoring sessions designed to refine your business idea.
- Access industry experts and early-stage investors: Get valuable insights from our global network partners and investors.
- Enhance your entrepreneurial skills: Improve your soft and hard skills, get tangible feedback, and create real-world impact.
- Become part of their ecosystem: Gain visibility and create new opportunities and collaborations with Bosch.
Eligibility
To apply, ensure that your team and idea meet the following pre-requirements:
- A team of 2-4 motivated members with different skills and competencies is ideal. A multidisciplinary team with cohesive dynamics can bring in different perspectives and expertise to help develop and validate your idea.
- Your idea should have the potential to be validated for problem-solution fit within three months. This means that it should be possible to test and iterate on the problem-solution fit as quickly as possible.
- They are looking for early-stage tech startups in pre-seed to seed stage.
- Your start-up should already be a legal entity. This ensures that you have the formal structure required to obtain funding and enter partnerships.
Application
For more information, visit Bosch CarbonCapture Startup Challenge.
