Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK) are pleased to announce a new startup accelerator program designed to promote efforts to decarbonise.

MC and NYK will team up with Startupbootcamp Australia (SBC Australia), a branch of one of the largest Europe-origin accelerators Startupbootcamp Group. SBC Australia specialises in energy-related acceleration and has a proven track record.

This program aims to scout and support promising startups with disruptive technologies and business ideas to solve problems in the energy and resource sectors.

Separately, MC and NYK have already collaborated with various startups that are invested in decarbonisation, however, their new program will provide them with a joint platform to research the latest trends in decarbonisation and opportunities to collaborate with emerging startups.

The partners expect to run several program cycles to accelerate a significant number of startups.

As global efforts to decarbonise gain momentum, MC and NYK are demonstrating their commitment to the realisation of sustainable societies by applying their know-how in resources, energy and business development to support the swift growth of promising and unconventional startups in the energy sector.