Entrepreneurs and technology partners can apply to Chevron Studio and upon enrolling will work with researcher to evaluate and develop an innovative technology.
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Chevron Studio seeks experienced entrepreneurs to lead the development of innovative technologies within new startups. Our mission is to connect entrepreneurs with researchers who have advanced applied research and technologies at various stages of IP registration, supporting the creation of new technology companies with funding and full support.
Chevron Studio values diversity, creativity, and an entrepreneurial spirit. We are seeking leaders who not only have a proven track record of launching successful ventures but also possess the vision to bring transformative ideas to market. Our collaborative environment encourages knowledge sharing and fosters the growth of high-impact startups.
If you are passionate about the opportunity to lead the development of the next technology that will impact the world, are driven to succeed, and are an entrepreneur with proven experience in founding startups and/or leading technology companies and development teams, join us.
Upon confirmation of your participation in the program, we will connect you with one of Chevron Studio’s technological partners.
Our program is designed to empower entrepreneurs by providing tailored mentorship, strategic partnerships, and hands-on guidance through every stage of the startup journey. By joining Chevron Studio, you will gain access to a dynamic network of innovators, investors, and industry leaders who are committed to accelerating breakthrough technologies.
Chevron Studio will participate in funding the technology and company development, according to the program’s rules, and additional funding for the field trial phase may be requested and granted under these rules. You may also raise additional funding for the process.
We will accompany you throughout the entire process with our experienced support team and Chevron experts, providing technological, marketing, legal, and financial consulting, and assisting in locating laboratories and suitable sites for field trials.
Please note that the IP will remain the property of the new company for the advancement and development of the technology.
So what do you need to do? Simply apply to join Chevron Studio, and we will be in touch.
Apply nowChevron Studio aims to locate advanced-stage applied research and connect the research team with an entrepreneur in order to form a new startup company and take the research to the next level.
If you have established such applied research within the focus areas of Chevron Studio as listed on the website, we would be delighted to consider your application to join the studio and assist in advancing your technology. As part of the eligibility criteria, the innovative technological solution must be protected by a registered patent and/or be in advanced stages of intellectual property (IP) registration. If you know of an entrepreneur who could be part of Chevron Studio and help promote the project, we would be happy to receive information and consider collaborating with them as well.
By joining Chevron Studio, you will gain access to a dynamic network of innovators, investors, and industry leaders who are committed to accelerating breakthrough technologies. Our program is designed to empower new companies’ leaders by providing tailored mentorship, strategic partnerships, and hands-on guidance through every stage of the startup journey.
Chevron Studio will participate in funding the development of the technology and the company, based on the program’s three stages, in accordance with the program’s rules. Additional funding for the field trial stage may be requested and granted in accordance with these rules. If necessary, the new company may raise additional funding for the process, and Chevron Studio can assist with that as well.
We will accompany you throughout the entire process with our experienced support team and Chevron experts, providing technological, marketing, legal, and financial consulting, and assisting in locating laboratories and suitable sites for field trials.
Please note that the IP will remain the property of the new company for the advancement and development of the technology.
So, what do you need to do? Simply apply to join Chevron Studio, and we will be in touch.
Apply nowSelected entrepreneurs receive non-dilutive financial and technical assistance to evaluate technologies and develop commercialization plans in collaboration with their chosen Technology Partners. The program focuses on technologies sourced through these approved institutions or the entrepreneur’s own research. It is not intended to fund existing businesses or research on the program framework.
Commercialization plans should include a proto-startup team that considers product, market, financing, and team structure.
The Discovery Phase concludes with a pitch to the Chevron Studio Joint Advisory Committee, which then selects entrepreneurs to move on to the Scale-Up Phase.
Entrepreneurs selected after completion of the Discovery Phase will form a company (if not already formed) and work with their Technology Partner institutions to scale up and demonstrate these technologies at a minimum viable commercial scale or Minimum Viable Product (MVP).
Chevron Studio provides supplementary non-dilutive funding through a grant and a Simple Agreement for Future Equity (SAFE) to support the required scale-up activities. During this phase, entrepreneurs receive technical and business assistance from their Technology Partners and research innovators to accelerate development and validation of their technologies.
The Scale-Up Phase typically spans 12 to 24 months and concludes with a final report detailing progress, technical competitiveness, commercial viability, and intended next steps. Companies are expected to raise additional external financing, and selected entrepreneurs present their results to the Chevron Studio Joint Advisory Committee for consideration to advance to the Field Trial Phase.
Companies that graduate from the Scale-Up Phase may be offered an opportunity to conduct field trials at a Chevron or related facility to demonstrate the scalability and value of their innovations.
Chevron Studio provides non-dilutive grant funding to support these trials.
This phase enables companies to validate their technologies under real-world conditions, strengthen their commercial readiness, and showcase their potential impact before broader deployment.
Focus areas
Scope of innovative research we are looking for:
Focus areas
Scope of innovative research we are looking for:
Focus areas
Scope of innovative research we are looking for:
Focus areas
Scope of innovative research we are looking for:
Focus areas
Scope of innovative research we are looking for:
Focus areas
Scope of innovative research we are looking for:
Focus areas
Scope of innovative research we are looking for:
Advanced ML or AI capabilities at the equipment, facility, or system level in the areas of:
Focus areas
Scope of innovative research we are looking for:
In partnership with
Chevron Studio offers entrepreneurs a chance to learn about lower carbon energy technologies from Israel’s universities, national labs, colleges, and academic institutions, and turn them into thriving startup companies through three phases of the technology acceleration program, which offers support for researchers and institutions, giving them the chance to scale up innovative technologies or present their own proprietary technology through partnership with entrepreneurs.
Chevron Studio in Israel is a collaboration between Chevron Technology Ventures (CTV) & Chevron Mediterranean Limited, and EnergyCom, and is endorsed by Israel’s Ministry of Energy.
This initiative provides funding to bridge the gap between innovative applied research and real-world uses. Chevron Studio operates in Israel and the United States. For more information on our US-based program, please click here.
Chevron Studio builds companies by linking them with world-class, early-stage technologies developed at universities, national labs, colleges, and academic institutions. The program provides assistance to participating entrepreneurs in their efforts to scale up and commercialize these technologies.
Entrepreneurs and technology partners can apply to Chevron Studio and upon enrolling will work with researcher to evaluate and develop an innovative technology.
Entrepreneurs selected after completion of the Discovery Phase will form companies (if not already formed) and work with their Technology Partner institutions to scale up and demonstrate these technologies at a minimum viable commercial scale or Minimum Viable Product (MVP).
Selected companies that graduate from the Scale-Up Phase may be offered an opportunity to conduct field trials at a Chevron or related facility to demonstrate the scalability and value of their innovations.
Entrepreneurs, researchers and/or institutes are welcome to enroll in the Chevron Studio program.
Experienced entrepreneurs are invited to enroll in the program's entrepreneur list and have an exclusive opportunity selecting from a curated list of technologies available from approved Technology Partners, which include universities, national labs, colleges, and academic institutions, or by submitting their proprietary technology, or presenting their own technology. and to consider teaming up with the research team to develop the IP and form a start-up company.
Chevron Studio will periodically publish a "call for" applicants in the program's focus areas.
Researchers and/or institutes with relevant research or provisional applications can apply to the program to be examined by Chevron Studio's experts.
Once selected, we will work with the research holder to identify the right entrepreneur to lead the process and apply together for the discovery selection committee.
Chevron Technology Ventures,
whose goal is to identify and integrate externally developed technologies and new business solutions from the startup ecosystem with the potential to enhance the way Chevron produces and provides affordable, reliable, and ever-cleaner energy now and into the future
EnergyCom, the energy innovation community of Israel, managed by Eilat-Eilot Renewable Energy and the Israeli Association for Smart Energy. Their mission is to create a dynamic community that will make Israel a leader in the energy market, expand energy research, improve job and export prospects, and create a powerhouse for economic growth.
Chevron Mediterranean Limited,
which is Chevron’s business unit based in Israel, currently produces natural gas from the 2 largest and strategic natural gas reservoirs – Tamar & Leviathan in order to supply Israel and the region with local and lower carbon energy sources.
Chevron Studio is built on a 3-phase program: Discovery, Scale-Up & Field Trial. In each phase, the team receives guidance and funds in order to establish a designated company, develop and commercialize the technology.
Cohorts are selected up to twice a year to join a Chevron Studio. During the program there are three phases. In the Discovery Phase, entrepreneurs write business commercialization and scale-up plans around the technologies they chose from the curated list of researches. If selected to continue in the program, entrepreneurs form a company and receive funding in the Scale-Up Phase, with the possibility for further funding in the final Field Trial Phase.
Chevron Studio provides entrepreneurs with the unique opportunity to locate on-shelf researche and quickly build a company around researche developed at national labs and universities. This includes the opportunity to:
Chevron believes that it will take multiple technology solutions to meet the global energy needs. This will take the utilization of commercial technologies, but also requires new technologies that do not exist at this time.
Chevron does not seek to own the research and does not want exclusive rights – as part of the process (on phase 2), entrepreneurs will sign a SAFE agreement, which will enable Chevron to own equity in the new startup company.
Phase 1: Discovery – 4 months
Phase 2: Scale-Up – 12-24 months
Phase 3: Field Trial – 24-36 months
Experienced aspiring entrepreneurs, or researchers and research institutions
A committee comprising Chevron, EnergyCom, and the Ministry of Energy will evaluate the requests and make recommendations to Chevron’s team.
Companies established within the Chevron Studio may request additional funding to support field trials, on top of the 3 phase funding. Furthermore, Chevron Studio welcomes external fundraising efforts — entrepreneurs and companies can pursue independent funding opportunities. Chevron Studio will assist with such efforts wherever possible.
Chevron Studio offers financial support throughout the stages of the program; Training Program; Accessibility to technical experts from Chevron and Energecom; Connect business and supply chain teams to improve operations; Building a network of relationships with Chevron’s strategic partners.
Chevron Studio accepts technologies with a Technology Readiness Level (TRL) between 2 and 6 for application.
The primary criterion is that the research should have the potential to scale to a prototype within approximately two years. This ensures alignment with Chevron Studio’s goal of accelerating promising innovations toward practical deployment.
Chevron Studio supports entrepreneurs based on the 3-phase program with up to $500,000. Discovery: $25,000; Scale Up $250,000 ($125,000 of it part of a SAFE agreement); Field Trial $225000. Extra funding for the field trial can be considered.
Chevron Studio does not intend to assume ownership of the Intellectual Property — it remains with the new company and its technology partners.