Shiply were last night delighted to have achieved the runner up spot in this year’s Shell Springboard competition. Out of 6 national finalists and hundreds of entrants, Shiply came in second to HiMag Solutions who innovated a planar transformer which could dramatically increase energy efficiency in electrical devices across the world.
The Shell Springboard programme has awarded over £1.6 million to 43 UK-based small businesses and this year celebrates its fifth anniversary. Eight companies have been given no-strings awards of £40,000 each at regional events in February. HiMag Solutions impressed the UK final judging panel, and out of the 6 UK finalists came top to gain the further title of Shell Springboard UK winner. The judging panel comprised Tom Delay of the Carbon Trust, Lord Oxburgh, Ben Goldsmith of Wheb Ventures and Dr Douglas Parr, Chief Scientist, Greenpeace.
James Smith, Chairman of Shell UK, said: “Over the last five years, through Shell Springboard we have provided £1.6 million to a broad range of cutting edge low-carbon projects, from turning waste distillery fumes into biodiesel, to recycling dead leaves into fuel. The winners are great examples of low carbon innovation. I wish this year’s winner, HiMag Solutions, and all the finalists every success