£320,000 will be awarded to UK based small businesses who have an innovative product or service that will help address climate change, normally in awards of £40,000.
Since 2005, the Shell Springboard programme has awarded £2 million to 53 small businesses who have developed new ways of cutting carbon emissions.
The awards are designed to provide a springboard for many businesses by giving them a financial boost as well as raising their profile in order to help them secure investment.
One of last year’s winners, Cella Energy, was awarded £40,000 for their innovative hydrogen storage technology, bringing the prospect of hydrogen fuelled cars one step closer to reality. Since winning, Cella has made rapid progress attracting further investment and the company is now working with global strategic partners to develop their technology. The company valuation has increased almost ten-fold.
Graham van’t Hoff Chairman of Shell UK, said: “Small businesses are currently developing an abundance of low-carbon technologies. Shell Springboard offers no-strings financial awards to these businesses to progress their ideas and help these technologies come to fruition."
To be eligible you must: - be based in the UK
- be an SME by the European definition
- have been in business for at least three months by 4th Nov 2011
(NB: previous Shell Springboard Winners may not apply)
To win, your product or service must be: - innovative
- commercially viable; and
- reduce greenhouse gas emissions
Deadline:
Applications must be received by
4th November 2011
Further Information & To Apply
Shell Springboard Competition