Do you want to consolidate your technology as the market leader and gain recognition for your help in the transition to low-carbon and ultimately zero-carbon steel? Apply on June 20, 2022 and participate
Deadline for applications: June 20, 2022
Maximum amount of support: up to $ 100 million
Deadline for applications: mid-end of July 2022
Geography of the competition: from any part of the world
AccelorMital XCarb™ Investment Fund will invest in companies that develop advanced technologies that will accelerate the transition of the steel industry to the production of zero-carbon steel.
Applications are accepted in seven technological areas:
Changes in steel production (processes and technologies)
Processing into gas or biocarbon (innovative methods of waste conversion)
Gas reforming / conversion technologies
Innovative hydrogen technologies
Carbon capture, use and storage (in particular, carbon capture with conversion to chemicals / fuel or continuous capture / mineralization)
Long-term large-scale energy storage technologies
Clean energy technologies
WHO CAN TAKE PART?
Applicants must be registered startups, have concepts of commercially scalable technologies that have great potential for carbon-free steel production.
In addition to the cash prize, candidates will also have access to:
unsurpassed industry experience and advice;
leading research centers and research programs to accelerate technological development;
expertise in technology, protection of intellectual property and access to world markets;
ArcelorMittal's back office and functionality to accelerate market entry.
Source: details on the website of the ArcelorMittal XCarb™ Foundation