ECCI hosts Shell Springboard Awards
06 March 2014
ECCI was selected as the venue for the North Regional final of the Shell pringboard Awards this week.
The two winners were awarded £40,000 by Shell to help develop their innovative low carbon business ideas, winning places in the national final of the prestigious Shell Springboard awards.
Storelectric and Oak Technical Services were named regional winners at the event on Tuesday, seeing off competition from over 100 other businesses across the UK.
The dynamic start-ups impressed the judges with their technologies – Oak Technical Services has developed a high-efficiency engine optimised for use with gaseous fuels such as natural gas or hydrogen, while Storelectric is hoping to solve the problem of renewable energy intermittency with compressed air storage for electricity.
Edinburgh Regional Winners with Angus Gillespie. Image Credit: Photographic Services, Shell International Limited.
The companies will now take part in the national final in London, going head to head with other regional winners from the Oxford and Manchester heats.
The Shell Springboard programme is a nationwide search for the next breakthrough in low carbon enterprise, part of a strategy of collaborating externally to fast track solutions to the energy challenge. Since 2005, Shell has awarded £2.58million to 71 companies exploring new ways to cut carbon emissions. Small businesses account for 90 per cent of the UK’s £120 billion low-carbon sector, which is forecast to be worth £4 trillion by 2015*.
ECCI supported Celtic Renewables won the £40k prize two years ago and CEO and founder Martin Tangey returned to take a place on the judging panel this year.