11th Shell Springboard competition to open for innovative low carbon SMEs
Mon 28 September 2015
View all news
The Shell Springboard 2016 competition, now in its 11th year, supports the the UK’s best and most innovative low carbon enterprises. The competion will open for applications on Monday, 5 October.
The competition looks for breakthrough, UK-based small and medium-sized enterprises (SMEs) with innovative, commercially viable business ideas that help the UK transition to a lower carbon economy.
The national Shell Springboard winner will collect a total grant of £150,000, and a further five finalists will each receive £40,000 of funding to help scale-up their businesses.
In addition, the programme offers participants networking opportunities with the key players in the sector as well as feedback on their business from an independent panel of judges. Successful applicants will be shortlisted for two regional finals - meeting judging panels in Edinburgh and Cambridge - likely to take place in February 2016.
Past winners include companies like Cella Energy (also short-listed for a past LowCVP Low Carbon Champions Award), which developed an innovative hydrogen storage technology and which has since attracted funding from NASA. Another winner, Celtic Renewables (a past LowCVP Champions Award winner), created a novel fermentation method to produce advanced biofuels from the residues of whisky industry and just last week received funding from the Department for Transport (DfT).Most recently, Deciwatt was awarded for their GravityLight technology, which generates light from gravity.
Since launching in 2005, the programme has awarded approximately £3 million to 86 dynamic enterprises.
< Back to news list