Climate change and the reduction of greenhouse gas emission are among the greatest challenges of our time. At Bosch Business Innovations, we believe that the key to a sustainable future lies in cutting-edge technology and creative thinking.
The CarbonCapture Startup Challenge is designed to compete with today’s global challenges. It is dedicated to nurturing innovative business ideas enabling a circular carbon economy.
Seize the moment and take the opportunity to create a climate-positive future. Let’s team up to transform emissions into solutions – together.
Understanding Carbon Capturing
In recent decades, progress in mitigating greenhouse gas emissions has been limited, despite growing awareness of the urgent need to address climate change. While efforts to reduce emissions through renewable energy adoption, energy efficiency improvements, and changes in land use have made strides, they have not been sufficient to reach the levels needed to avoid the worst impacts of global warming. To tackle these challenges, a variety of approaches must be pursued.
Aerial view of a modern residential complex with high-rise buildings surrounding a lush green courtyard with pathways and a pond.
In context of the Startup Challenge, we draw attention to the areas of carbon dioxide removal, which targets the atmosphere or large point sources, such as industrial plants. These sources remain significant contributors to global emissions. Carbon capture technologies, such as direct air capture (DAC) and carbon capture, utilization, and storage (CCUS), have garnered considerable attention, but the potential for scaling these technologies remains a critical concern.
In this context, we aim to consider the entire value chain of carbon dioxide — from capture to utilization, storage, or accounting and trading emissions. By leveraging several solution approaches, we can achieve a holistic strategy that addresses the challenges of mitigating emissions while also fostering sustainable, long-term solutions for our climate goals.
Awards:-
- Participating in our startup challenge offers numerous benefits and opportunities that can enhance your project as well as professional growth. Validate your problem-solution fit and make your business idea investment-ready. Here’s what you gain:
- Develop your idea with Bosch.
Validate your problem-solution fit, backed with diverse support, expertise, and resources of a global technology leader. - Receive budget to validate your idea.
Get 15.000 EUR budget to validate your ideas. Test your problem-solution fit in three months. - Tap into expert knowledge:
Benefit from Bosch expert workshops and mentoring sessions designed to refine your business idea. - Access industry experts and early-stage investors:
Get valuable insights from our global network partners and investors. - Enhance your entrepreneurial skills:
Improve your soft and hard skills, get tangible feedback, and create real-world impact. - Become part of our ecosystem:
Gain visibility and create new opportunities and collaborations with us. - By joining our startup challenge, you will not only advance your business case but also elevate your professional journey, making a meaningful impact on a climate-positive future.
Deadline:- 28-02-2025
