ENGIE’s new business model utilises the latest innovations available to them as a community to solve the challenges that stand in the way of reaching net zero.
ENGIE Factory has collaborated with entrepreneurs to develop new business models and fundable startups in the Middle East. Caroline Guyot, Managing Director, ENGIE Factory, said, “We build innovative startups from scratch with founders and leverage the Group’s expertise, funding and market access to accelerate their solutions.”
“In close collaboration with investors, governments and other corporations, we have built a unique model for corporate venture building. We couldn’t do this without the support of our valued partners, which are a critical driver for success in the Middle East”, Guyot added.
Tomaz Guadagnin, Country Manager GCC & Pakistan, ENGIE, said, “As the need for climate action becomes ever more urgent in the face of global warming, it is vital that we leverage the latest innovations available to us as a community to solve the challenges that stand in the way of reaching Net Zero. By supporting the latest innovations emerging in the tech start-up community, it is our hope that we can develop meaningful solutions that helps industry decarbonise.”
ENGIE Factory is inviting entrepreneurs and investors to join it in building the next climate tech startups in the Middle East, helping to advance much-needed decarbonisation initiatives to safeguard our future.
