Celtic Renewables Ltd wins prestigious business award
15 February 2012
An Edinburgh business with an innovative idea to tackle climate change has won a £40,000 Shell Springboard award.
Celtic Renewables Ltd, a spin out company from Edinburgh Napier University which has been supported by ECCI, received a £40,000 Shell Springboard award for its process which generates next generation biofuels from by-products from the Scottish malt whisky industry resulting in reduced oil consumption and CO2 emissions. ECCI experts assisted Celtic Renewables in undertaking a carbon life cycle analysis of the successful proposal.
Shell Springboard is a Shell-funded UK Social Investment programme, which provides a financial boost to small and medium enterprises with innovative, low-carbon business ideas. This builds on Shell’s overall commitment to help the UK meet its future energy needs responsibly.
Mark Simmers, CEO at Celtic Renewables said: “This is a fantastic endorsement of our business and will allow us to analyse, in real detail, the best opportunities to deploy our technology in Scotland. A major benefit to our technology is that it is able to respond directly to rural communities’ needs by delivering real economic impact through providing sustainable biofuels and long term employment.”
"In would like to highlight the assistance ECCI gave us with the carbon life cycle analysis element of our successful proposal. Finding the right expert help is very important to a growing SME like us and ECCI have made this task easy".
Sincen its launch in 2005, Shell Springboard has judged over 1,000 entries and awarded approximately £2 million to 52 businesses across the UK. Overall, £330,000 will be awarded in 2012. This will result in a total of £2.25 million awarded over seven years to UK-based SMEs.
To find out more about what ECCI did to help Celtic Renewables contact Business Manager Dave Gunn.
To find out more about Celtic Renewables visit www.shellspringboard.org.uk.
Photo: Angus Gillespie and Stewart Stevenson MSP congratulate Martin Tangey nand Mark Simmons of the Celtic Renewables Team. Credit: nwww.celtic-renewables.com