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Gulf oil corporations need to help round startups: Dr. Abdulwahab Al-Sadoun
The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical business within the Gulf area, is happy to announce the launch of its brand-new networking platform – the “GPCA Startup Nexus” – which can debut through the Annual GPCA Forum from 3 to 4 December 2024 on the Oman Convention and Exhibition Centre, in Muscat, Oman.
For the primary time, “GPCA Startup Nexus” will present younger startup corporations with a stage to current their distinctive and forward-looking applied sciences to a broad viewers of buyers, consultants and decision-makers from chemical corporations and worldwide gamers.
During the discussion board10 younger and motivated startups engaged in advancing the round economic system and local weather motion will showcase their applied sciences in Shark Tank-style shows and take questions from the viewers.
During the discussion board, they’ll have the invaluable alternative to forge new connections with giant established corporations and worldwide buyers and promote their options. The purpose is to create a community of mutual trade that catalyzes collaboration and to stimulate investments.
The deadline to submit functions and change into a part of the GPCA Startup Nexus has now been prolonged till October 7, 2024. Startups established lower than seven years in the past and with a Technology Readiness Level (TRL) greater than 4 can have the chance to use for one of many coveted locations within the two expertise fields – round economic system and local weather motion.
The high 5 corporations in every of the 2 classes might be shortlisted by an Expert Panel, comprising seven esteemed business veterans with important management expertise in analysis and innovation at chemical and petrochemical companies.
GPCA will present eight extra startups, which haven’t been established but or whose expertise has not progressed past TRL 4, with the chance to use, join with potential buyers and promote their model by way of quick “elevator pitch” shows.
Dr. Abdulwahab Al-Sadoun, Secretary General, GPCA, commented: “In line with our effort to stimulate collaboration and innovation within the chemical ecosystem, we’re offering a singular alternative to rising and established startups from across the area to participate within the “GPCA Startup Nexus” and current their profitable improvements and applied sciences within the subject of round economic system and local weather motion on the sidelines of the 18th Annual GPCA Forum. We actually consider that the answer to local weather innovation will depend on cross-sector collaboration, the place stakeholders from throughout the board come collectively, share their experiences and data and collaborate for a cleaner, extra resource-efficient and smarter future.”
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