Shell Springboard, a funding award scheme for innovative low carbon SMEs, is open for applications for its 2015 programme, with £350,000 up for grabs.
The entrepreneurial scheme will be celebrating its tenth anniversary in 2015, having awarded around £3 million to 80 innovative low carbon businesses to date.
Previous winning innovations have covered waste-to-biofuel conversion, hydrogen power, domestic heat recovery, electricity demand response, logistics planning, hybrid engines and lighting technologies, among others.
The 2015 programme will see awards of £40,000 each for six regional winners, with the overall winner benefitting from an extra £150,000 (an increase of £110,000 on previous years).
Businesses that make it to the regional finals will also benefit from networking opportunities and feedback from an expert panel of judges.
Any UK SME can apply, with entries judged by their carbon emissions reduction potential, commercial viability and the demonstration of innovative elements.
Earlier this year, Shell Springboard teamed up with the Carbon Trust to publish a report outlining the potential of the UK low carbon and environmental goods and services (LCEGS) sector, which argued that low carbon SMEs could play a leading role in tripling the UK LCEGS exports by 2020.
Applications for the scheme are now open until 5pm on 5 December 2014. For more information, visit the Shell Springboard website.