Application – Halliburton Labs

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WELCOME

We’re excited that you and your team are interested in joining Halliburton Labs. We cultivate a world-class crossroads of innovators, academics, and investors as well as members of the Halliburton team to help you scale fast.

Our application begins by asking you to consider our targeted clean-energy challenges. Think of these statements as a focal point broadly intersecting your mission and our capabilities. What challenge is the best fit for your company and why?

While there are many important elements of building and scaling a startup in the energy sector, we’d like to understand the customer pain you’re solving, the founding team, the addressable market opportunity, and your progress on your journey so far.

We look forward to reviewing your application and ushering in the future of energy together.

Pease don’t share any confidential information on this application.

LET'S GET STARTED!

Name

First Last

Phone

Company name

Company URL

Choose your Challenge

What area of clean energy are you advancing?

Fill the circle to select:

CLEAN ENERGY GENERATION
How Might Halliburton Labs help scale transformative new energy, climate and sustainable technology companies in ways that improve solar, wind, geothermal, hydro, and other clean energy generation sources so that meaningful advances in the Levelized Cost of Energy occur?

TRANSMISSION/DISTRIBUTION
How Might Halliburton Labs bring its scale, logistics and process resources to early stage companies in ways that advance the development of energy transmission and distribution technologies to minimize losses and improve efficiency so that clean energy becomes more consistent and available?

ENERGY CONSERVATION
How Might Halliburton Labs help scale transformative energy companies in ways that advance energy conservation technologies and services so that less energy is wasted by industry, businesses and consumers while meeting their needs for economic growth?

ENERGY STORAGE
How Might Halliburton Labs help scale transformative new energy technology companies in ways that advance energy storage capabilities so that density, longevity and cost targets improve leading to adoption of more renewable generation?

CIRCULAR ECONOMY
How Might Halliburton Labs help scale new companies developing other clean energy and sustainable businesses in ways that meaningfully change the energy industry so that our world has new efficient sources to enable economic growth?

OTHER CLEAN ENERGY
How Might Halliburton Labs help scale new companies developing other clean energy and sustainable businesses in ways that meaningfully change the energy industry so that our world has new efficient sources to enable economic growth?

About Your Company

Company location

City/State/Country

Year founded

How many employees work for the company?

How many of your employees would you envision residing at Halliburton Labs? Would they be at the Labs full or part-time? Please also describe your relationship with any non-company people that might access the Halliburton Labs facilities.

What is the company's mission?

One sentence

Briefly describe the product/service you plan to deliver.

In 3 – 4 sentences, write a compelling pitch from the perspective of generating value to a customer.

(Remember to write these in the context of the customer and other stakeholders)

The problem you are solving

Describe the specific problem(s) or customer pain you are solving.

Broadly, what are the major segment of customer types and applications you are targeting?

How are customers solving the problem today?

Your envisioned solution for the problem

Describe your solution.

Please describe your value proposition*. A separate section asks about your Proposed Technologies.

Outline the primary use cases.

How does your solution deliver extraordinary value for customers?

What are the most important elements that make your solution unique?

Describe at a summary level the most important advantages that will be difficult for others to achieve.

*Value Proposition: The products and services that create value for a specific segment by solving a customer pain and satisfying a customer need.

Your Team

List other co-founders and roles.

Include LinkedIn address for each founder/co-founder. For any co-founder or person key to the startup that is not full-time, please note.

Please list non-founder senior leadership team members and roles.

Why is the team uniquely qualified to solve the problem?

Current operational status

Idea – Pure Startup Mode; Product in Development; Prototype in Field; Commercial Revenue Generating Product

Why does the team believe that Halliburton Labs is a fit to help scale the company?

Timing

Why is the timing right to scale the solution to the market pain at Halliburton Labs?

Competitive Landscape

Please describe the competitive landscape with an objective assessment of the most significant key players.

Please include the pros and cons for the most important 3-4 incumbents and/or new entrants that offer solutions targeting the same customer problem.

What is the source of the sustainable competitive advantage you are bringing to market?

Describe specifically how your solution will be better than the competitor’s solutions over time.

Proposed Technologies

What proposed technologies and/or solutions will your team attempt to scale?

How would participation in Halliburton Labs amplify your team’s technical strengths?

Your Product

Describe your Minimum Viable Product (MVP).

Your Business Model

Revenue model: How will you monetize your solution?

Are you selling a service, system, license, product, or something else? Please be clear about the value capture model.

Your Go-to-Market Strategy

How do you envision going to market at scale and what are the most constraining rate-limiting factors?

Market Size and Growth (make assumptions explicit and cite sources)

What is your estimation of the market size? Explain your assumptions.

How do you envision the market size growing?

Halliburton Labs

What Halliburton capabilities do you plan to utilize?

Technology Issues, Sample Data, Certifications, Manufacturing, Customer Development, Research and Development, Product Development, Prototype Development, Product Testing, Supply Chain, other?

Financing

How is the company financed?

Please note the amount and nature of equity investment (institutions, angels, friends and family, etc.) and the amount of non-dilutive financing (e.g., grants, projects, and other awards). In addition, how has the company been funded to date: personal funds, friends/family, accredited investors/angels, institutional VC funds, other? How many months of financing does the company currently have on hand?

What are the company's priority milestones for the next 12 months to finance growth?

Please note role of equity fundraising, grant awards, and any commercial projects or expected recurring revenue streams.

Additional Information

Is there anything else we should know about your company?

How did you hear about Halliburton Labs?

What convinced you to apply?

Confirmation

Confirmation(Required)

By submitting this form and checking the box below, I confirm the following:
- The information I am submitting in this application is not confidential or proprietary. Halliburton Labs will use the information submitted to initiate a review and an analysis of applicants.
- I am submitting this application for the sole purpose of being considered and evaluated as a participant in Halliburton Labs.
- I have the right to disclose the information contained in this application.
- I consent to the disclosure and use of my personal information that is contained in this application.
- If I have included the personal information of others in this application, I have obtained such person(s) consent to the disclosure and use of his/her personal information.
- I am 18 years of age or older.

I agree. (Required before submission can be accepted.)(Required)

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