Allens will give a legal leg-up to energy and natural resources startups in Perth and Brisbane as legal partners for KPMG's Energise 2.0 accelerator program.
Designed to boost innovation in the energy and natural resources industries, Energise 2.0 is the second iteration of the largest sector-specific accelerator in the southern hemisphere.
Allens' role as legal advisor will give participants access to the expertise of both Allens Accelerate, the firm's startup and high-growth companies practice, and Allens' market-leading Energy, Resources & Infrastructure team.
'We have already seen the potential to drive real benefit for startups and high-growth companies by partnering with corporates and other service providers in the innovation space through our foundation membership of fintech hub Stone and Chalk in Sydney, of which KPMG is also a foundation member,' said Gavin Smith, Partner and co-head of Allens Accelerate.
'Thanks to our experience with Allens Accelerate, our first-to-market practice for startups and high-growth companies, we also know that there is huge demand for high-quality legal advice tailored to startups,' said Valeska Bloch, Managing Associate and co-head of Allens Accelerate.
'We are delighted to be working with KPMG and Energise 2.0's startups and corporate partners to support the next generation of disruption in energy and natural resources,' she said
Energise 2.0 will foster collaboration and co-creation between startups and top-tier energy and natural resources corporates through a 12-week program focused on improving cost and productivity as well as social, environmental and safety performance.
'By introducing new ideas and perspectives on energy and natural resources, startups have the potential to make real, transformative changes to the sector, which we can already see taking shape here in Perth,' said Partner Andrew Pascoe, who leads Allens' innovation stream in Perth.
'We're looking forward to working with the participants in Energise 2.0 as they kick-start their big ideas, making sure their legal foundations are as strong as possible to support their future growth.'
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Allens is a commercial law firm working throughout Australia and Asia. Through its integrated alliance with Linklaters it provides clients access to 40 offices in 28 countries around the world.