THE CHALLENGE
On the 26th of May, Shell launched the challenge during EnergyFest. This Challenge is a great opportunity for you, because Shell is not only opening up its network and awarding a great prize, but is truly looking for startups to collaborate with. How can your solutions change the face of future mobility?
Smart products
Products that reduce CO2-output and minimize energy consumption
Smart usage
Advice and solutions on how to improve fuel usage efficiency
Smarter infrastructure
Technology to deal with the increasing demand for mobility
Smart models
Disruptive business models to reinvent the old or introduce the new within smart mobility
WHAT’S IN IT FOR YOU?
€100,000 convertible loan from Shell Technology Ventures (3% interest rate, 2 year maturity, under further terms and conditions)
€25,000 cash
Exclusive coaching from Shell experts
Access to Shell’s global network
Media coverage and publicity for the 5 finalists
Guaranteed acceptance to the Shell startup program in 2017 for the 5 finalists
ADDITIONAL CRITERIA
Your solution should be:
past a working prototype
realizable as a usable product or service within the next 2 years
focused on solving existing frictions in the mobility space, with an explanation how Shell connects to this solution
Your startup should be:
a registered company, equivalent to the Dutch B.V. (eg UK - Ltd. Plc. , Germany - GmbH A.G.)
at least 3 FTE’s
launched less than 5 years ago
registered in Europe or Israel
TIMELINE
DEADLINE APPLICATIONS
The deadline for applications is August 20th.
SELECTION
The 5 finalists will be selected.
FINAL EVENT
The winner will be announced during the final pitch event on October 4th, in the Hague, the Netherlands.
Shell starts working with Neomatix
Neomatix
Neomatix won the competition with its concept for a smart sensor that monitors the status of tires. Among other things, the sensor can help reduce CO2 emissions by providing an early warning when the tyre pressure is too low. Neomatix is a startup based in Tel Aviv. It is comprised of experts in the field of Avionics, software developers and engineers and is providing solutions to low-tech industries in highly competitive markets. The company is offering a disruptive technology in a market which is accumulating a 100B dollar loss for neglected tires.
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