€100,000 for changing the face of future mobility
The Get in the Ring Foundation is sourcing innovative solutions on smart mobility for the Bright Energy Ideas Challenge of Shell. Through this challenge startups can win €25,000 in cash, coaching and access to Shell’s global network and additionally are awarded with a €100,000 convertible loan by Shell Technology Ventures.
After the first successful Challenges with APM Terminals and Nuon, the next Challenge will again be an exciting one. As one of the main sourcing partners, Get in the Ring will look for promising startups throughout Europe for Bright Energy Ideas Challenge. A great opportunity for startups, since Shell is not only opening up its network and awarding a great prize, but is truly looking for startups to collaborate with.
Bright Energy Ideas Challenge
On the 26th of May, Shell launched the Challenge during EnergyFest. The goal of this Challenge is to find startups with relevant solutions for smart mobility innovation and willing to implement these together with Shell in the coming years.
Why? Because the world is changing, and technology and innovation are at the heart of that change. The amount of cars on the road is predicted to triple by 2050, not to mention to growth in freight and flight.
Shell is looking for innovative solutions in the following four areas:
- smart products - products that reduce CO2-output and minimize energy consumption
- smart usage - solutions to improve fuel usage efficiency
- smarter infrastructure - technology to deal with the increasing demand for mobility and inefficiencies in the current transportation systems
- smart models - disruptive business models to reinvent the old or introduce the new within smart mobility
How does it work?
Startups participate by applying online at www.GetintheRing.co/Shell. The deadline for applications is August 20th. In September, 5 finalists will be selected for a final pitch. The winner will be chosen during the event on October 4th, in the Hague, the Netherlands.
Shell is ready to move, are you?
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About Get in the Ring Foundation
The Get in the Ring Foundation is an organization that gives startups a fun and global podium to make valuable connections to innovators to grow and scale up their business. We are active in 100 countries and work together with leaders of entrepreneurship ecosystems around the world. Get in the Ring is known for its innovative format where startups face off in a boxing ring.