SMAP Energy accepted to E.ON’s :agile Accelerator

Essen, 3rd September 2018 – SMAP Energy has been selected for entry to E.ON’s corporate incubator program :agile accelerator.

“We are very excited to begin collaborating with E.ON on what we hope will become a fruitful partnership. With a wide base of customers and operational roles in the sector, we look forward to exploring opportunities for where we can add the most value. This relationship will be SMAP Energy’s biggest step into Europe to date, and E.ON’s appetite for leading innovation is inspiring” said Co-Founder of SMAP Energy, Paul Monroe.

SMAP Energy was selected on the basis of a perceived strategic fit between the company’s smart meter analytics services and E.ON’s drive to improve its customers’ experience. As a member of the :agile class, SMAP Energy will receive support in the form up to €22.000 funding as well as office space in Düsseldorf, Berlin, or Essen and professional coaching on product, sales and marketing advancement. Over the 3-month program, E.ON and SMAP Energy will develop a pilot for future collaboration between the two firms.

About :agile

“:agile is eager to build long-term relationships and offer startups the opportunity to test and validate their service or product with real customers in the real energy world.”

Established in 2013 to provide an in-house innovation launchpad, the :agile accelerator has widened its scope and now accepts application from the entirety of the European market. Successful startups typically continue working with E.ON over an 18-month incubation phase where projects are tested under real conditions, with real customers and have extensively access to E.ON’s network of internal and external partners.

Funnelling over 90 startups each year to just 6 applicants, E.ON has now achieved a legacy of over 60 successful participants.

For more information, please visit the :agile accelerator website.