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Financial Times: Shell on the hunt for big ideas

By Gordon Smith

Published: September 16 2006 03:00 | Last updated: September 16 2006 03:00

Shell is on the hunt for small businesses with big ideas on the environment.

The oil group this week launched its annual search for innovative product ideas that lead to a reduction in greenhouse gasses. The winner of last year’s inaugural £40,000 award was Scotrenewables, an Orkney-based tidal power company that developed a free floating, rotar-based tidal current energy converter.

Runner-up Mantle Panel, created a new material for the building trade with high insulation and load-bearing properties.

For an application form and more details on the submission process visit www.shellspringboard.com.

The deadline for all entrants is November 10.

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