Pertamina XSCOUTS is an Open Innovation platform to allow collaboration between Pertamina Group and startups with outstanding innovative solution.
Startups in early* or later stage, with innovative solution in the area of clean energy, new renewable energy, electrification, petrochemical, and other supporting technologies for the energy industry.
*) Early stage startup should have a ready MVP
If you are early stage startup, having at least a MVP, first you are required to join our Growth Program. If your startup is in late stage, you are welcomed to join our Partnership Program.
Visit Program page to learn the details.
No. There is no cost for your submission or to join our Growth Program.
Any cost required in Partnership Program is subject to both party agreement.
Outside the program, You are solely responsible for the costs and risks associated with your innovation or proposal preparation. This stage is entirely yours.
To participate in Pertamina XSCOUTS, please send your pitch deck to www.pertaminanewventures.com or go to the Pitch page. We have prepared a sample of pitch deck for your reference.
Since it’s not a competition, Pertamina continues to conduct the XSCOUTS program throughout the year. Anytime you are confident that you meet our requirements, you can pitch us.
- Company Profile, this must include:
- Company History
- Core Resources
- Innovator Team Profile, includes their qualifications and experiences
- Business Profile
- Business Plan
- It should be explained in detail with a viable business development plan based on credible economic and commercial assumptions.
- Partnership Plan, this must include:
- Technology Proposal or Business Partnership
- Innovation in Technology or Systems
- Differentiation from the existing products in the market
- Proposed partnership scheme
- Tangible and intangible benefits of partnership
- Strategic and added values offered to Pertamina’s business.
Please refer to our pitch deck template
No, but you are required to include all information about your startup as we expected and make sure your pitch deck size is not larger than 3 MB.
Sit back and relax. We will send you our response by email, within 30 days after the last date in your submission month. If any further information is needed, we will invite you to a discussion. The decision will be informed to you within 30 days. Before we start any collaboration, together we will do necessary preparation, mentioned but not limited to below activities :
- Solution validation
- JDA / NDA signing
- Join Trial to assure the fitness of the solution in Pertamina’s business ecosystem
- Valuation of technology/market/business and Due Diligence
- Definitive Agreement
It seems we missed to reply your application. You may contact us if you haven’t received any announcement. Please bear with us and we’ll manage to reply your application as soon as possible.
Keep Going. We're Nearly There
Now you’ve arrived at the right page to start your growth. Let’s discuss how your innovation
and our partnership could be the evoking catalyst of Indonesia’s energy transformation.