S-Oil Supports Growth of Promising Startups in New Energy and Environment

S-OIL will select promising startups with innovative technologies and provide multifaceted support.

On the 8th, S-OIL announced that it will select innovative technology startups to participate in a startup collaboration program operated by Seoul Startup Hub, run by the Seoul Business Agency, a support organization for small and medium enterprises and startups in Seoul.

The recruitment targets are startups in the fields of ▲new energy ▲environment ▲chemicals and materials ▲smart plants ▲others (mobility, potential new energy and chemical business areas, etc.), and companies with innovative technologies that can create synergy with S-OIL's energy business will be selected.

Selected companies will be provided with customized benefits such as commercialization support funds for demonstration of new technologies or ideas, office space support, and media promotion. In addition, S-OIL plans to actively consider direct investment in the final selected companies.

The application period is until September 2, and applications can be submitted on the Seoul Startup Hub website.