IoT Tribe signs three-year deal to run ESB’s X_Potential innovation programme
Accelerator builder IoT Tribe has signed a three‑year collaboration with ESB to run its X_Potential innovation incubator following a competitive tender process. The collaboration will focus on ESB’s three strategic pillars: decarbonising the electricity system, building resilient infrastructure and empowering customers.
A dedicated team will be located at Trinity’s innovation hub, opened in November last year.
“We’re incredibly excited to be working with ESB on the next phase of X_Potential. What makes this collaboration so powerful is the combination of ESB’s ambition and IoT Tribe’s experience in building programmes that turn strong ideas into real ventures, leveraging cutting-edge research and external investors. Together, we will create the conditions for these ideas to be validated, developed and scaled,” said Tanya Suarez, CEO & founder, IoT Tribe.
Since 2019, X_Potential has operated as an internal innovation platform enabling ESB employees to propose new ideas that advance the organisation’s Net Zero 2040 ambition. Early cohorts have already delivered significant progress.
Under the new collaboration, IoT Tribe will deliver a strengthened and scaled version of X_Potential designed to accelerate ESB’s ability to identify, develop and deploy future‑facing ventures. The enhanced programme will deepen venture quality, shorten the time from idea to deployment and strengthen the pathway from demonstration to scale across ESB’s asset base and customer footprint.
“The energy sector is changing rapidly, and ESB needs to keep creating the space, support and partnerships that help new ideas develop into real solutions. X_Potential plays an important role in that, and this collaboration with IoT Tribe and Trinity College Dublin gives us access to the expertise, structure and external perspective needed to help our people turn strong ideas into ventures with real potential,” said Derek Hynes, head of innovation, ESB.
IoT Tribe has supported more than 525 start-ups and delivered more than 150 pilots and partnerships.
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