Shell is calling all energy start-ups to enter a national competition that will help develop their bright energy business ideas. Its ‘Make The Future Accelerator India 2017’ launched in India for the first time encourages and accelerates the development of ideas that can help provide more and cleaner energy solutions. The aim is to seek out and support solutions for our energy future.
At present, it supports seven bright energy ideas globally including Gravity light, a UK start-up that, with Shell’s support, recently launched their clean energy solution to communities in Kenya.
Now, the programme in India is set to give start-ups across the country the opportunity to collaborate showcasing and developing their bright energy ideas.
The top three finalists will get the opportunity to participate in an accelerator event, gather useful insights for their final pitch presentation and connect with like-minded energy start-ups from across the world at Make the Future Singapore, a festival of ideas and innovation for Asia being held in March 2017. During the event, the finalists will receive coaching from experts, network and exchange tips with other Asian start-ups on how to grow their ideas into a reality.
These top three finalists will then pitch their ideas to an esteemed jury including senior leaders from Shell and Nitin Prasad, chairman of Shell India at the launch of the Shell Technology Centre Bangalore by March end 2017.
Seven semi-finalists will be invited to also showcase their ideas to leaders from business, government and media at the launch event.
The winning start-up will be awarded prize money of Rs10 lakh along with mentorship by senior Shell and industry leaders that will help build a strong value proposition and enable them to access funding to scale.
Who can apply: The competition is open to start-ups with products, technologies, services or initiatives that fulfill one or more of the following criteria:
Enterprises must: Operate in an Indian city. They should have an India registered entity. They should be in post-pilot or prototype stage and be a part of Make the Future Singapore festival and win 10 lakh.
How to apply: Interested energy start-ups will need to apply through an application form available at www.shell.in.
last date to apply: Registration opens on January 16, 2017 and will close by February 3, 2017. The announcement of shortlisted candidates will be done in the mid-February.