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Industry News

Tech X

TechX to Invest Millions in Start-Ups and SMEs

The Oil & Gas Technology Centre (OGTC) has launched TechX – a unique technology accelerator and incubator focused on helping smaller, ambitious technology developers take their solutions to the oil and gas market – faster.

With three tailored programmes – Pioneers, Market Entry and Ventures – TechX will accelerate the future of the oil and gas industry.

  • BP announced as strategic partner
  • New oil and gas technology accelerator targets 100 start-ups and 200 SMEs
  • Up to £100k funding for technology start-ups, and up to £500k funding for SMEs
  • No equity or pay back required with IP retained by the technology developer
  • Application process now open for Pioneer and Market Entry programmes

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