Are you a start up with big plans to reduce emissions?
Are you looking to make a meaningful impact to accelerate decarbonisation in the steel industry?
Do you want to establish your technologies as market leading and become recognised for your help towards the transition to low, and ultimately zero, carbon emissions steelmaking?
At ArcelorMittal, we are focused on reducing our CO2e emissions intensity by 35% in Europe and by 25% globally by 2030. Key to achieving this will be innovation and technological shifts. We launched the XCarb™ Innovation Fund in 2021 to invest in companies developing technologies that hold the potential to accelerate the steel industry’s transition to carbon neutral steelmaking.
The Fund's Accelerator Programme supports entrepreneurs and start-ups in this space - the aim is to find the best and brightest ideas from across the world. The inaugural Accelerator Programme launched globally in 2022 with CHAR Technologies, a cleantech company developing high temperature pyrolysis technology that transforms organic waste streams into valuable energy outputs, announced as the winner.
Take part in the XCarb™ India Accelerator Programme
In recognition of India’s ambition, capabilities, and unique challenges in supporting the global energy transition we are now launching a new, dedicated XCarb™ Accelerator Programme targeted at the country’s deep ecosystem of technology start-ups.
The XCarb™ India Accelerator Programme will give you the opportunity to pitch your ideas to the XCarb™ Innovation Fund Investment Committee, chaired by Aditya Mittal, CEO of ArcelorMittal and Chairman of AM/NS India. The programme will also be supported by ArcelorMittal’s joint venture, AM/NS India, which is actively developing its own decarbonisation strategy and initiatives for lower emissions domestic steel manufacturing. Successful participants will have access to expertise, resources and advice from ArcelorMittal and AM/NS India.
You will also receive support from the Indian Institute of Technology Madras (‘IIT Madras’), who are well-known for nurturing ideas and mentoring and who will collaborate with us on this programme.