The MC²+ Ignite accelerator programme has been launched to support energy deep-tech startups in India. Around 30 startups will be eligible for milestone-linked convertible funding of up to ₹2 crore each.
Dr Neeraj Mittal, Secretary, Ministry of Petroleum and Natural Gas (MoPNG) and Chairman of the MC² Foundation, launched the programme.
The initiative aims to help promising energy technologies move closer to commercial deployment.
Energy Deep-Tech Startups Gain Access to Innovation Ecosystem
The MC² Foundation is developing an energy innovation platform for startups, researchers and innovators working in energy and industrial deep-tech.
The platform will provide access to capital, infrastructure, technical expertise and pilot opportunities. It will also help startups build pathways towards commercialisation.
Industry Leaders Back Energy Innovation
Atul Gupta, Chairman and Managing Director of Engineers India Limited, and Dr Madhukar Garg, former President, R&D – Refining and Petrochemicals at Reliance Industries Limited, attended the launch.
Kartikeya Dube, Chairman of bp India, and Sandeep Maheshwari, CEO of the MC² Foundation, were also present.
From R&D to Commercial Deployment
MC²+ Ignite seeks to bridge the gap between research and commercial deployment.
The programme will support emerging technologies through different stages of development. This includes research and development, pilot projects, technology validation and eventual commercialisation.
The initiative is expected to strengthen India’s energy innovation ecosystem by connecting startups with funding, industry expertise and opportunities to test and scale new technologies.
