OGTC prepares for launch of TechX

Oct. 16, 2017
More than 50 industry leaders, entrepreneurs, and companies have agreed to support technology start-ups and SMEs through the Oil & Gas Technology Centre’s new technology accelerator, TechX.

Offshore staff

ABERDEEN, UK – More than 50 industry leaders, entrepreneurs, and companies have agreed to support technology start-ups and SMEs through the Oil & Gas Technology Centre’s (OGTC) new technology accelerator, TechX.

TechX, which launches in December, is designed to help new technology developers take their solutions to market.

It aims to invest in more than 100 new technology companies over the next decade, providing rapid product prototyping, specialist mentors and partners, fast access to facilities, field testing, and funding with no equity or payback required.

The OGTC has staged a series of events at its newly opened Innovation Hub to brief potential mentors and partner organizations on TechX and the potential benefits.

10/16/2017