Shell Springboard open for applications on Monday 26 September 2016!
The Shell Springboard programme supports UK businesses with bright 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, as well as feedback from leading academics, investors and policymakers, to help scale-up their enterprises.
Since launching in 2005, the programme has awarded over £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%. The big ideas coming out of these businesses are not only helping to create a lower carbon future – they are also supporting job creation and green growth.
How it Works
Applications for Shell Springboard opened Monday 26th September 2016 and close on Friday 28th October 2016 at 5pm. A total funding amount of £350,000 will be available in 2017.
Successful applicants will be shortlisted for two regional finals, meeting judging panels in Aberdeen and Cambridge in March 2017.
At each event, three regional winners will be awarded funding of £40,000 each. These six regional winners will then go forward to the national final, which will be held in London in May 2017. At this showpiece event, one business will be crowned the national winner of Shell Springboard 2017.
This business will then receive additional funding of £110,000 – meaning that the overall national winner of Shell Springboard 2017 will receive a total of £150,000 of no-strings-attached funding to help scale up its low-carbon innovation.
For more information or how to apply visit http://www.shellspringboard.org/