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Social Investments
Limak Foundation
TEA Limak Energy Entrepreneurship Acceleration Program

TEA Limak Energy Entrepreneurship Acceleration Program

Energy Academy of Turkey (TEA) launched in 2017 by Limak Energy have been redesigned considering sectorial development, current Technologies, innovative business models and digital conversion approaches and “TEA Limak Energy Entrepreneurship Acceleration Program” was launched in 2018.

The program, which is the most comprehensive entrepreneurship acceleration program focusing on the energy sector in Turkey, offers candidates and entrepreneurs the opportunity to develop innovative business ideas, business models or technologies and successfully implement their projects, and 100 energy startups applied for the first year. 10 of the 31entrepreneurs that submitted their projects after the preliminary evaluation and pitching were included in the program. For 10 entrepreneurs selected from different cities of Turkey an assessment of the current situation and needs analysis was realized, special hands-on training and mentoring programs was created according to the needs of the teams.

During the acceleration camp and mentoring process continued throughout 2019 while entrepreneurs received 75 hours of practical training, 120 hours of mentoring session was held. Each entrepreneur was paired with Limak Energy executives and continued with mentoring sessions on the basis of sectorial and business functions, while business development mentoring and vertical mentoring support were also provided throughout the program. While the entrepreneurs involved in the program realized their pilot schemes in Limak Energy sites, they also had the opportunity to cooperate.

The Demo Day event was held on 17 December 2019 with presentations of 10 successful entrepreneurs. Entrepreneurs had the opportunity to present and introduce their projects to investors, professionals and other participants in the ecosystem.

During the year of 2020, the mentoring process and collaboration were continued with the entrepreneurs included in the program. In addition to the awards won by entrepreneurs that develop their projects both at home and abroad, their sharing for new business associations has enabled synergy to continue to increase.


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