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  #IdeaRefinery

Shell Singapore has launched an accelerator programme that is providing energy related start-ups with the tools to commercialise game-changing solutions that bring positive energy impact.

Five Singapore ventures will participate in the 20-week Shell #IdeaRefinery accelerator programme, which aims to turn early stage start-ups into fully-fledged ventures that can raise capital and scale into successful businesses with strong social impact.

The long-term goal of the programme is to build a vibrant start-up eco-system in new energy solutions.

A Shell LiveWIRE affiliated programme, start-ups from Shell #IdeaRefinery enjoy access to Shell LiveWIRE training materials, as well as the programme's additional platforms to grow and promote their businesses, including the Shell LiveWIRE Top Ten Innovators Awards and Let’s Go Trade.

In their announcement, Shell Singapore reported the programme is, “Designed to help start-up founders cement their footing in the business arena, hone their leadership, pitching and marketing skills, and inspire them towards expanding their innovative energy solutions.”

Recruiting start-ups with talented teams of visionaries in energy, innovation and technology, the programme will provide mentorship from senior Shell executives, access to industry leaders, incubator workspace and business development workshops. Entrepreneurs taking part will be given freedom to shape their own programme agenda to help them meet their business goals.

Participants will also get the opportunity to showcase at Make the Future Singapore in 2018, pitching to an audiences of business leaders, government, academia and venture capitalists.

Shell #IdeasRefinery has partnered with ImpacTech and NUS Enterprise (National University of Singapore) to deliver the programme, which will run from November 2017 until March 2018.

Participating start-ups must be able to demonstrate how the business will contribute to the current energy challenge but may operate within a wide range of energy related industries, including generating energy, energy recapture and storage, energy transportation or energy saving technologies, such as transport solutions.

Shell Singapore is running the programme to support its ambition of being a hub of innovation to support the government’s energy transition to a lower carbon footprint and to commercialise clean energy solutions. Steve McGrath, Shell Technology Ventures head, will act as an advisor to the programme.


 

Accelerating energy start-up success in Singapore
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