SAP.iO Foundry Tel Aviv

Utilities Industry Cohort

October 2020 to January 2021

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About the Program

In Oct 2020, we will kick off our three-month, equity-free virtual startup program for B2B startups that are developing solutions addressing the key pain points in the Utilities industry. During the program, our team will work closely with the startups on joint use-cases for the Utilities industry, will provide technical support in building integrations with SAP platforms, and will assist in engaging with SAP clients globally. The application deadline is Aug 28th.

Our Focus

The ideal startup will have a working solution in areas such as:

Retail & Prosumer

Retail platforms that allow new services and business models like peer-to-peer trading; E-Mobility including charging, fleet management and financial processes; Home energy management including energy usage insights and consumption control; Technologies that support Virtual Power Plants.

Enterprise Asset Management

Drive upgrades while holding down costs with advanced asset management including asset health and predictive maintenance.

Generation & Renewables

Support management of changing generation, storage capabilities and maximizing coverage and capture of energy from renewable sources.

Transmission & Distribution

Advanced analytics that optimize loss management, drive operational efficiency and performance optimization through advanced distribution management systems, advanced device management and connectivity capabilities.

Our equity-free program includes:

  • Technical support throughout the integration with SAP platforms
  • Tailor-made account plan to reach relevant SAP clients
  • Creating joint assets (white-paper, Demo/PoC, PR etc.)
  • Joining the SAP PartnerEdge program
  • Access to SAP Executives
  • Focused mentorship
  • Closing event
  • Alumni program
  • Office space at LABS TLV (Optional – for startups based in Israel)

Who can apply?

  • Early stage startups from all over the world that have raised seed or Round A funding, who are developing enterprise software solutions.
  • We are specifically looking for startups whose strategy or future product roadmap includes partnering or integrating with SAP.

Our Foundry

SAP.iO Foundry Tel Aviv is located in LABS TLV in Azrieli Sarona Tower.

In collaboration with:

During the program SAP.iO will collaborate with SAP clients in the utilities industry like the European energy company E.ON and Israel Electric Corporation (IEC). E.ON and IEC will participate in the application screening phase, in some of the meetings and sessions during the program, share insights and industry challenges, and be potential beta-sites for pilots for relevant startups.

Frequently Asked Questions

Is the program also relevant for startups outside of Israel? Will we need to attend sessions in Israel?

The program is 100% virtual and the application is open for startups from all over the world. You will not be requested to attend sessions in Tel Aviv (Israel), as sessions will be online. Israeli startups will be given the option to enjoy free working space in our offices, at LABS TLV.

We've already raised $10M+, are we too mature for the program?

You are not too mature. The program is aimed for Seed and round A startups (in some cases also for round B startups).

I saw that the program is led by SAP.iO Foundry Tel Aviv, what does that mean?

SAP.iO Foundry has different programs that are being run by different teams in 8 leading startup ecosystems around the world, where each location is focused on a different theme. The next theme for SAP.iO Foundry Tel-Aviv is solutions for the Utilities industry.

Are we going to work only with the SAP.iO Foundry Tel Aviv team or will we also meet relevant executives from SAP globally?

The SAP.iO Foundry Tel Aviv team’s role is to execute a successful 3 month program. The goal of the program is to build long-term partnership between you and SAP globally. Early in the program, we’ll identify and engage with the right stakeholders for you in SAP to meet and work with.

Does the program involve any cost? Do we need to give away equity?

No. The program is free of charge, with a clear goal to build the “next generation of partners” for SAP.

Can I see a detailed plan for the 3 month program?

Yes you can. Please contact us at sap.io_foundry_tel_aviv@sap.com and we would love to share more information and answer all of your questions.

Next Steps

Suitable candidates that will apply through the F6S platform will then be invited to a follow-up call or meeting with the SAP.iO Tel-Aviv team.