Four businesses scoop 120k between them at Shell Springboard Awards
Feb 10, 2011
Four businesses scooped £120,000 between them from the Shell Springboard programme, an award scheme designed to promote the growth of green businesses in the UK.
Cella Energy and Naked Energy each won £40,000. Cella Energy for their technology, which allows hydrogen to be stored in a cheap, practical way and Naked Energy for its new solar panel, SolarPVT™, which is able to generate both electricity and hot water.
Oxford Photovoltaics and TwentyNinety each won £20,000. Oxford Photovoltaics for their screen printed solar panel window glass and TwentyNinety for their technology to monitor the performance of solar panels.
The Shell Springboard programme has awarded over £1.6 million to 54 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, John MacArthur, Vice President CO2 Policy, at Shell said:
“The energy sector has to innovate to satisfy the world’s growing energy needs at a reduced environmental cost. The businesses competing here today all demonstrated that innovation. Cella Energy, Naked Energy, Oxford Photovoltaics and TwentyNinety all impressed the judges with their technology. I wish them every success for future development and growth of their business”
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 over 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 look forward to meeting the four businesses at the final and wish them every success for the future.”
The winning businesses will now join six other companies at the Shell Springboard London final on February 22nd 2011.
To find out more about Shell Springboard visit www.shellspringboard.org