Innovative solutions are required from European and Israeli start-ups that will improve mobility and transportation for generations to come.
The winning applicant will be offered the following:
- A convertible loan worth €100,000 (3% interest rate and 2-year maturity).
- A cash prize worth €25,000.
- The opportunity to receive coaching from Shell experts.
- The chance to gain access to Shell's global network.
- Enhanced publicity and media coverage.
The five finalists will be offered the following:
- They will be accepted to the Shell Start-up programme during 2017.
- Finalists will also benefit from enhanced media coverage and publicity.
This scheme is administered by Shell. For over a century, Shell has been a core enabler in regards to the movement of people and goods and has seen how the global energy system has changed over this time. Shell understands the need to address issues such as increasing CO2 emissions, transport systems efficiency, increasing mobility demand, mobility consumption changes and business models disruption.
The purpose of this year's Bright Energy Ideas Challenge is to enable innovative new ideas and solutions that are related to the future of mobility.
There are three main areas that Shell will be looking into in regards to smart mobility. These are as follows:
- Smart products. These will be products that are catered towards consumers that will help to reduce CO2 output and will minimise energy consumption.
- Smart usage. This involves offering consumer advice and solutions in order to achieve optimum fuel efficiency.
- Smarter infrastructure. The technique of Shell WAM Foam Process was developed by Shell for the purpose of constructing roads whilst reducing energy consumption by up to 35%.
Information regarding restrictions has not been stipulated. Interested parties should contact the funding provider directly for further details.
Registered start-up companies based in Europe or Israel are eligible to apply. Technology, software and business model innovations may participate in this competition. However, simply having an idea will not be considered to be good enough. Start-ups must have a working prototype or else should have gone through alpha testing.
Information regarding match funding has not been stipulated. Interested parties should contact the funding provider directly for further details.
Funding is intended for the purpose of supporting the development of suitable solutions.
This scheme is now closed. The last deadline for applications was 20 August 2016. Information regarding any future deadlines will be given once available.
This annual competition was launched 26 May 2016 during "Energy Fest" at the Shell Technology Centre in Amsterdam. Here, entrepreneurs, investors and research & development experts came together to discuss new technologies and innovation relating to the energy sector. Applications may be made online through the Shell website after creating a team/start-up profile. The five finalists will be announced 12 September 2016. A final pitch will take place in The Hague, where the overall winner will be announced. Travel costs incurred by this event will be covered by Shell.