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Linc awarded €150,000 in Rome!

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The Linc team has won the international startup competition INCENSe. The INCENSe program aims to foster innovation and high tech employment in the European energy sector through the provision of funding and acceleration services to support entrepreneurs in the creation of innovative market-oriented solutions able to make energy smarter, reliable and efficient.

INCENSe is backed by the leading EU energy companies Enel and Endesa as well as the leading accelerator in the EU, Accelerace.

"The selection was based on industrial criteria," says Ernesto Ciorra, the Enel Group’s Head of Innovation and Sustainability. "We have worked hard alongside our INCENSe Partners in identifying the most promising startups, which are able to develop solutions that address real problems. The Enel Group is active in supporting the development of startups; we have created a team that is tasked with scouting for and supporting the best ventures around the world, who we then offer the benefits of our resources and skills."

Each winner will receive a grant of €150,000 without equity considerations and support services offered by INCENSe partners. These services include a six-month acceleration program, additional coaching sessions, tailored workshops on European funding programs, and access to testbeds in Spain (such as Smart City Málaga), Denmark (such as Next Step City Living Lab in Esbjerg) and Italy.

Furthermore the selected startups will be invited to take part at brokerage events in order to present their projects to other investors like venture capital funds and business angels.