Plug and Play Japan Announces New Energy Accelerator Program, Launching Summer 2021
TOKYO, JAPAN, April 7, 2021 -- Plug and Play Japan KK. (Japan office: Shibuya-ku, Tokyo, CEO & Managing Partner, Japan: Phillip Vincent, Hereinafter "Plug and Play Japan"), is pleased to announce the launch of their ninth accelerator program, ”Energy,” following IoT, Fintech, Insurtech, Mobility, Brand ＆ Retail, Health, Smart Cities, and New Materials.
For this new program launch, Plug and Play Japan is excited to welcome Toshiba Corporation, Tokyu Land Corporation, ENEOS Corporation, and Mitsubishi UFJ Financial Group Inc., as founding partners and they will expand their corporate partners sequentially.
About the Energy Program
The demand and the importance of innovation in the energy sector has been greater than ever as individuals have become more aware of greenhouse gas emissions worldwide since the 2016 Paris Agreement.
The Japanese government also declared that they will become carbon neutral by 2050, and they have approved the new basic energy policy until 2030, so-called “3E+S.” In the plan, they are aiming to improve the sustainable energy supply and economy with the reduction of energy cost as well as to reduce greenhouse gas by 26% until 2030 compared to 2013.
Along with the Japanese government movement, the activities for sustainability in Japanese companies has shown high aggressiveness for these years, and their needs for innovation and cutting-edge technologies has been increasing.
The goal for this Energy program will be to cultivate an ecosystem that connects corporations with startups influencing the future of the energy sector.
The Energy program will start in the Summer/Fall 2021 Batch, and its focus areas will include, but not be limited to:
● Circular Economy
● CCUS: Carbon dioxide Capture, Utilization and Storage
● DER：Distributed Energy Resources
● Smart Cities
About the Accelerator Program in Plug and Play Japan
Plug and Play Japan provides accelerator programs across 7 verticals (IoT, Fintech, Insurtech, Mobility, Brand & Retail, Health, and Smart Cities), alongside their newest program, New Materials, which will start in the Summer/Fall 2021 Batch. While closely working with their official corporate partners, Plug and Play Japan supports startups in Japan and overseas to scale up their businesses and to enhance the co-creation with enterprises as well. They will graduate at Summit, which is the final step on the accelerator program, where startups give pitches about their results from the program. It is one of the great opportunities for the audience to meet cutting-edge technology ideas and new business partners.
About Plug and Play
Plug and Play is a global innovation platform. Headquartered in Silicon Valley, we have built accelerator programs, corporate innovation services, and an in-house VC to make technological advancement progress faster than ever before. Since inception in 2006, our programs have expanded worldwide to include a presence in over 18 countries with 30 locations globally, giving startups the necessary resources to succeed in Silicon Valley and beyond. With over 30,000 startups and 500+ official corporate partners, we have created the ultimate startup ecosystem in many industries. Companies in our community have raised over $9 billion in funding, with successful portfolio exits including Danger, Dropbox, Lending Club and PayPal.
For more information, visit https://www.plugandplaytechcenter.com/
Company：Plug and Play Japan KK
Address：Shibuya Center Place 3F 1-16-3, Dogenzaka, Shibuya, Tokyo, Japan
Inquiry Regarding this Press Release
Plug and Play Japan KK
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