The Accelerator

A Catalyst for Innovation in the Maritime Industry.

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The World

Our Mission

To cultivate and mentor the next generation of maritime technology entrepreneurs

The merchant maritime industry is one of the oldest in the world, yet advancements in the business come slowly, and in incremental stages. The EPS MaritimeTech Accelerator powered by Techstars is on a campaign to change that and is looking for startups that are ready to help leapfrog the industry forward.

Key Dates 2019-2020

Partnership Announced

Jan

January 31, 2019

Partnership Announced

Feb

Mar

Applications Open

April 8, 2019

Applications Open

Apr

May

Jun

Applications Deadline

July 1, 2019

Applications Deadline

Jul

Aug

Sep

Oct

Sart of Programme

November 4, 2019

Start of the Programme
(90-days in Singapore)

Nov

Dec

Demo Day

February 11, 2020

Demo Day

Jan

Feb

Partnership Announced

January 31, 2019

Partnership Announced

Applications Open

April 8, 2019

Applications Open

Applications Deadline

July 1, 2019

Applications Deadline

Start of the Programme

November 4, 2019

Start of the Programme

Demo Day

February 11, 2020

Demo Day

You'll receive

Benefits Office

Office Space

Funding

Mentoring

Our accelerator is held in the same building as Eastern Pacific Shipping’s Singapore headquarters. From the 37th floor of Millenia Tower, our startups will be strategically positioned in the heart of the maritime capital of the East. Our newly created facilities are inspired by a shared office concept that helps promote creativity, collaboration and community. The startups have full access to EPS’ global headquarters located on the 38th floor. This Eco-Certified space offers 360-degree views of the Lion City, an open floor concept, ample meeting and conference rooms, and a café. Both floors were designed to facilitate Singapore's Smart Nation initiative of turning the city-state into a living laboratory and creating an ecosystem conducive for startups.
We put our money where our mouth is. If we select you for our programme it’s because we believe in your success. That’s why we not only provide the tools and resources needed to succeed but we also invest in your company. This means we are truly invested and motivated to scale or get your product to market. These standard equity deals leave you fully in control of your company and decision making but make us true partners on your journey towards commercialisation. The programme is also designed to get teams ready to pitch their company to an audience of investors on Demo Day. To learn more please feel free to contact us.
The EPS Accelerator powered by Techstars is a mentorship-based programme. Once a startup is accepted into the programme they are instantly plugged in to a network of thousands of mentors. These include both in-house and external maritime experts as well as people with a track record of commercialising and scaling startups. This formula helps accelerate startups businesses success by helping them to develop at a faster pace and if necessary, to iterate and pivot. They can immediately throw things away that don’t work. No one is trying to protect a brand that may not exist yet, and nobody has reason to be afraid of small failures. Our mentors help our startups appreciate this as part of the process.
Themes we are looking for:
 
  • Immersive Tech
  • Commercial Optimization
  • Environmental Preservation
  • Cyber Security
  • Safety
  • Advanced Materials
  • Artificial Intelligence
  • Fuel Efficiency
  • Augmented Reality
  • 3d Printing
  • Virtual Reality
  • IOT

Meet the team

Gil Ofer

Gil Ofer

Head of Open Innovation Eastern Pacific Shipping
As Head of Open Innovation, Gil oversees business development matters as well as focusing on partnerships that accelerate, incubate, and activate internal and external innovation platforms. Before joining the shipping arm of his family business, Gil was the co-Founder and VP strategic Partnerships of IMGN Media, a company at the intersection of technology and digital media that is one of the largest publishers of video on Instagram and builds content brands for multicultural audiences. Gil holds a B.A. in Economics from Harvard University and currently resides in Singapore.
Dhritiman Hui

Dhritiman Hui

Managing Director EPS Accelerator powered by Techstars
As Managing Director of the EPS Accelerator Powered by Techstars, Dhritiman is in charge of the entire life cycle of the programme. This includes sourcing and vetting hundreds of applications, managing the selection committee, bringing the startups to Singapore and them the day-to-day operation leading to Demo Day.Prior to joining Techstars, Dhritiman spent close to a decade investing in companies at different stages in both the east and the west, of which he spent a substantial amount of time investing in and working with maritime technology companies.
Gary Ong

Claus Nehmzow

Chief Innovation Officer Eastern Pacific Shipping
Claus’ role is to oversee EPS’ IT department and the relationship between EPS and the accelerator programme. He ensures the startups are adding maximum value as to facilitate innovations, improve productivity, and generate growth in. Claus has vast experience, and a proven track record, of developing strategic innovations for achieving commercial success. Most recently, he led the Digital Innovation Organization for APAC for an oil major, where he found impactful business solutions using technologies like AI, blockchain, and robotics. In addition, he has consulted for Fortune 500 companies worldwide and managed various technology-based companies.

Watch this Space

Startups will be announced on the week of November 4th!

Our Startups

C-log
A digital Maritime ID platform which will make the seafarer certification validation process easier and faster for both employers and employees by leveraging blockchain technology.
CyberOwl
Provides real-time visibility and raises early warning on suspicious activity on OT systems and assets, particularly at reconnaissance, installation or lateral movements stages of an attack.
Enermo
Offers a proprietary platform for condition monitoring and predictive maintenance that increases reliability of industrial equipment and optimising maintenance.
F-drones
F-drones is transforming marine and offshore logistics with proprietary aerial drones, by improving operational readiness and cost reduction of shore-to-ship logistics.
Nautilus
Nautilus Labs is building artificial intelligence to advance the efficiency of ocean commerce. They deliver technology to help shipping companies minimize fuel consumption, maximize operational efficiency, and optimize fleet performance.
QuantShip
QuantShip forecasts freight rate two to three weeks in advance by identifying leading indicators on both demand and supply by using proprietary machine learning algorithms, fixing the freight and chartering the vessel at the right time to maximize revenue by leveraging volatility and market inefficiencies.
Saara
Saara automates inventory and consumer related processes for Supply chain and Retail businesses using computer vision.
SeaMiles
SeaMiles is the world's first loyalty rewards programme designed to incentivise seafarers and shore personnel in maritime.
Volteo
Volteo Maritime is reimagining maritime by digitalising vessel operations management and fostering collaboration between ship and shore.
C-log
CyberOwl
Enermo
F-drones
Nautilus
QuantShip
Saara
SeaMiles
Volteo

Content Hub

   EPS News

Click to view Eastern Pacific Shipping's news.

   EPS + Accelerator Headquarters

Click to view the Accelerator office space at Eastern Pacific Shipping’s Singapore headquarters.

   As featured in

APAC CIO - The Tech Accelerator Sets Sail in the Maritime Sector.

Sept 13, 2019

   As featured in

The Business Times - Singapore-based maritime tech accelerator launched, said to be world's first.

Feb 1, 2019

   As featured in

Splash 247 - Eastern Pacific behind new Singapore maritime tech accelerator.

Feb 1, 2019

   As featured in

The Straits Times - Maritime tech accelerator launched in Singapore, said to be world's first.

Feb 1, 2019

   As featured in

Hellenic Shipping - Eastern Pacific Shipping and Techstars Launch First Global MaritimeTech Accelerator in Singapore .

Feb 1, 2019

   As featured in

Trade Winds: Eastern Pacific launches tech start-up hunt in Singapore.

Jan 31, 2019

   As featured in

The Maritime Executive - Eastern Pacific Shipping and Techstars Launch Tech Accelerator.

Jan 31, 2019

   As featured in

Lloyd's List - Gil Ofer launches MaritimeTech Accelerator programme.

Jan 30, 2019

   As featured in

Lloyd's List: Eastern Pacific Shipping MaritimeTech Accelerator scheme opens to applicants.

April 7, 2019


Faq

Q

Who are Eastern Pacific Shipping?

A

With a history spanning 60 years, Eastern Pacific Shipping Pte. Ltd. has emerged as an industry-leading ship management company that is committed to the green and technology-driven growth of the industry. Headquartered in Singapore, its mission is to be the safe and efficient transportation provider of choice to the shipping industry. Empowering that mission are 5000 skilled and dedicated sea and shore staff that oversee a versatile fleet of 13-million deadweight-tonnes comprising of container, chemical, dry bulk, gas, car carriers, and oil tanker vessels. EPS’ shore team is fully integrated with several departments such as innovation, marine technical, operations, IT, legal, finance, and commercial. Find out more at www.epshipping.com.sg

Q

Why has EPS partnered with Techstars?

A

The merchant maritime industry is one of oldest in the world, yet advancements in the business come slowly. The Techstars partnership addresses this long-standing issue through the accelerator programme. We aim to cultivate and mentor the next generation of entrepreneurs in an industry that’s ripe for disruption.

Q

How does the programme work?

A

Selected startups will gather in EPS’ headquarters in Singapore for an intensive three-month programme of research and development, mentorship, and collaboration. The accelerator will culminate in February 2020 with a demo day wherein every startup will pitch its newly polished business to an audience of venture capitalists, corporate innovation leaders and industry experts with the goal of facilitating investment in the companies while broadening and energising the local entrepreneurial community.

Q

What types of companies can apply?

A

Any company whose product or service covers the Themes we are looking for (see above). However, your startup may not fit in these Themes but still may be able to impact the maritime industry. We encourage all those who are looking to make a difference to apply.

Q

I have already received funding, can I still apply?

A

Yes! We consider companies at various stages of funding.

Q

How many companies will be selected for the programme?

A

We will accept up to ten startups in each yearly programme.

Q

I missed the 2019 programme, when can I apply for the 2020

A

Feel free to send us a message any time but we will only be accepting application in April 2020 for the next programme. Watch this space for announcements!