Low-carbon Shell competition offers ‘no-strings attached’ total of £350,000 in cash prizes

 Stan Johnston (left) and Euan Hogg from Water Engine Technologies, based in Galashiels, scooped £40,000 at last year’s Springboard regional final in Edinburgh.
Stan Johnston (left) and Euan Hogg from Water Engine Technologies, based in Galashiels, scooped £40,000 at last year’s Springboard regional final in Edinburgh.

The Shell Springboard competition opens today for applications from UK businesses with solutions to reduce carbon emissions.

One national winner will receive £150,000 and a further five regional winners will each get £40,000 of equity-free funding from Shell, as well as advice from leading academics, investors and policymakers, to help scale-up their enterprises. 

Since launch in 2005, the programme has awarded more than £3.5 million to 92 enterprises at the cutting edge of the low-carbon economy. Almost 80% of supported companies remain in operation five years after starting-up, in contrast to a national average of about 45%.

Shell UK Country Convenor, Sinead Lynch, said: The UK has tremendous potential to lead low-carbon innovation.  In fact, our research with Imperial College London shows that UK universities are some of the strongest globally in spinning-out low-carbon start-ups.”

The Shell Springboard has supported a range of some of low-carbon UK business, including:

  • C-Capture (2016 winner) – clean energy technology that captures carbon dioxide (CO2) emissions from different industrial gas streams.
  • Deciwatt’s Gravity Light (2015 winner) – technology to generate light from gravity, providing a safe alternative to kerosene lamps for off-grid communities.
  • Bio-Bean (2014 national finalist) – industrialised process to recycle waste coffee grounds into advanced biofuels.

Applications are open until 28 October 2016 and winners will be announced in Spring 2017.

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