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Key Driver: provides funding to UK entrepreneurs at the cutting-edge of the low-carbon economy.
Funding Body Shell
Funding Amount Up to £150,000
Next Step Applications
Due Date 20 November 2015
Applications for 2016 Shell Springboard programme are now open.
Shell Springboard provides funding to UK entrepreneurs at the cutting-edge of the low-carbon economy. In 2016 funding awards of up to £150,000 are available for small enterprises with innovative, commercially viable business ideas that reduce carbon emissions.
Since launching in 2005, the programme awarded approximately £3 million to 86 dynamic enterprises. The big ideas coming out of these small businesses are not only helping to create a lower carbon, higher energy future – they are creating a new wave of jobs and growth.
Successful applicants will be shortlisted for two regional finals, meeting judging panels in Edinburgh and Cambridge in February 2016 (TBC).
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 March 2016. At this showpiece event, one business will be crowned the national winner of Shell Springboard 2016.
This business will then receive additional funding of £110,000 – meaning that the overall national winner of Shell Springboard 2016 will receive a total of £150,000 of no-strings-attached funding to help scale up its low-carbon innovation.
Any UK-registered SME can apply, but it is important to remember that your application MUST meet the three core Shell Springboard criteria – namely that your business idea:
- Will reduce carbon emissions;
- Greenhouse gases include carbon dioxide, methane, nitrous oxide, sulphur hexafluoride and the HFC and PFC groups of fluorinated gases.
- Is commercially viable;
- A good business plan is essential. You will be asked for evidence of sound financial planning and market understanding. It is important to demonstrate that you have thought about the route(s) to market and have a realistic development strategy. The impact of Shell Springboard on your idea should be material, and the link between receiving an award and making progress towards commercial viability should be clearly stated.
- Demonstrates one or more innovative elements;
- It does not have to be a technical discovery but your idea should have the potential to break new ground. It could be a new way of bringing an established technology to market, for example, or it could be a new service that will lead to reduced carbon emissions.
You can apply if you:
- Are a UK business set up as a sole trader, partnership, limited company or community interest company (including university or government spin-outs).
- Have been established formally for at least three months on the date of the application deadline with a UK bank account in your company’s name.
- Are considered an SME according to the EU definition.
- Have an idea and business plan which is your own and/or which you are free to disclose.
- Have previously applied for Shell Springboard funding, but have been unsuccessful.
- Have a project that has not previously been supported with a Shell Springboard Award.
A CHANCE TO TALK ONE-ON-ONE:
We also held an event concerning the South West Growth Fund in mid-September, which was a huge success. If you missed it, then don't worry. We're planning to hold similar meetings called 'Breakfast Briefings' on a quarterly basis in the future - more details can be found Here.
If you'd like to be notified when sign-ups for these open please email; email@example.com.
If you think you could benefit from this funding, or would like to know more about other funds you might be eligible for, please do not hesitate to contact us, on: