Repsol’s partners: Alliances that add value
With our strategic partners, we build relationships based on trust and this propels us forwards faster, broadens our horizons, and adds further value to our operations. Our collaboration with leaders from different sectors provides us with a source of inspiration and invigorates our Company’s activity.
Open innovation model and networking
In terms of research and development, Repsol is committed to open innovation and networking, as these enable us to forge scientific alliances that will help us overcome the sector’s greatest challenge: to develop a more efficient and more competitive energy model with lower emissions. Our open innovation model has enabled the company to exponentially increase its research and development capacities. In 2015 we signed a total of 113 agreements with universities, technology centers, and prestigious technology companies.
Examples of this model are visible in our Inspire program, a scheme that finances university students’ ideas and projects to find creative and innovative solutions to the big energy challenges we face. Our Entrepreneurs Fund is another initiative aimed at entrepreneurs and scientists working on innovative projects or ideas related to energy and energy efficiency, with the intention of bringing these into the market.