Four businesses scoop £30,000 for their ideas to combat climate change
Feb 03, 2011
Four businesses, with innovative ideas to combat climate change, won £30,000 each from the Shell Springboard programme, designed to promote the growth of green businesses in the UK.
The winners competed against eight businesses from across the UK on 1st February 2010 in Birmingham. The winners were:
- Fibre Technology Ltd from Nottinghamshire for their product which, when placed onto the fire grate underneath coal, spreads heat more evenly across the fire reducing the burn rate of the fuel;
- Innova from Northumberland for their titling wind turbine;
- VPhase from Chester with a product designed to regulate household energy consumption; and
- Ashwoods Automotive from Birmingham, for their product which increases the performance of hybrid and electric powered vehicles.
The Shell Springboard programme has awarded over £1.6 million to 50 UK small businesses since it launched in 2005. The programme helps small businesses make an impact in the fight against climate change by providing a no-strings-attached financial boost to companies with innovative products and services that could help reduce greenhouse gas emissions.
The host for the awards ceremony, Jeremy Shears, Global Manager for Innovation Biodomain at Shell Global Solutions, commented “The energy sector has to innovate to satisfy the world’s growing energy needs at a reduced environmental cost. The businesses competing all demonstrated that innovation and impressed the judges with their technology. I wish them every success for the future development and growth of their businesses”.
James Smith, Chairman Shell UK, said: "Low carbon innovation creates real opportunities for British industry. The UK has huge talent and creativity in this area. In the last six years Shell Springboard has awarded 50 small businesses with a total of £1.6 million to advance their new business ideas for products and services to tackle climate change. I wish the winning businesses every success.”
To find out more about Shell Springboard visit www.shellspringboard.org