£5,000 Shell LiveWIRE Smarter Future Awards (January 2015)
Closing Date: 31st Jan 2015
We have one £5,000 Shell LiveWIRE Smarter Future Award to give away each month to new businesses in the UK (in their first 12 months of trading).
- Do you live in the UK (are you a UK resident)?
- Will you, and all business partners, be between the ages of 16-30 (inclusive) on the last day of the month you are applying for funding?
- Have you been trading for less than 12 months, or, are you a pre-start that is 3 months (maximum) away from starting to trade? Our definition of trading is classed as the date you first receive payment for goods or services. (Please note, the business idea must be your own. As such, franchises or subsidiaries of other companies are not eligible.)
- Do you have an innovative business idea that will provide a solution to the world’s future transport, food, energy, or natural resource challenges, or make our urban environments cleaner and more sustainable places to work and live in?
If you answered ‘yes’ to the above questions, then you are eligible for a Shell LiveWIRE Smarter Future Award. However, please download and read through the Shell LiveWIRE Smarter Future Awards Scoring Criteria
, and read the details on the judging process and full Terms and Conditions, found below.
The Judging Process
Each month, we award a monthly prize of £5,000 to young entrepreneurs with innovative business ideas to help address some of the world's biggest challenges.
All submissions must meet at least one of the following four criteria to have a chance of being considered for the monthly prize.
1.Smarter use of natural resources
2.Shaping a sustainable energy future
- By 2030, society will need between 30% and 40% more water, food and other natural resources.
- Shell LiveWIRE is looking for smart solutions that reduce, reuse or recycle essential natural resources to help meet the demands from a growing population.
- Whether you’re an entrepreneur who’s got an innovative idea for a technology that helps families reduce food waste, or you’ve identified a way to reward households who conserve what they might have sent to landfill – we want to hear your idea!
- An example of a previous winner includes a company such as The Cornish Seaweed Company – a business which grows, sustainably harvests, processes, and sells eight species of local Cornish seaweeds as a raw super food, as well as a 150g seaweed salt alternative. Seaweed is a local, sustainable and abundant natural resource, currently unexploited.
3.Smarter mobility solutions
- By 2030, energy demand could grow by as much as 50%.
- Shell LiveWIRE is searching for innovators with ideas that could enhance energy efficiency or even create green energy or lower carbon emissions.
- You might be an entrepreneur who’s created an app helping you to stay on top of your energy usage throughout the day (think calorie counter, but an energy counter), or someone who’s invented a kinetic powered smart phone charger that charges as you carry it around in your bag.
- An example of a previous winner includes a business such as bio-bean – a company that collects waste coffee grounds and recycles them into Advanced Biofuels
- A rapidly growing urban population will make our cities, public transport networks, roads, ports and airports busier than ever, not to mention the environmental impact that all this extra movement will create.
- Shell LiveWIRE is seeking new business ideas that will help transport more people and goods safely, cost-effectively, efficiently and with a reduced impact on the environment.
- Applicants could range from entrepreneurs who helps invent an affordable low-carbon engine for electric scooters, helping people book journeys that are as eco-friendly as possible, to those who’ve created a smart bike pooling scheme that makes commuting greener and more fun!
- An example of a previous winner includes a company such as Shiply – an online marketplace where people list items they need to move and then receive bids from over 5,000 rated transport companies going there anyway. By making use of spare capacity in lorries, consumers can save up to 75% on their deliveries and in just one year the business has saved over 1.6million kg of CO2.
4.Smarter Cities solutions
- The world’s cities already contribute 70% of global CO2, but the number of people living in cities will grow from 3.5 billion to 6 billion by 2050.
- Shell LiveWIRE wants to hear about new business ideas that will help to make our urban environments cleaner and more sustainable places to work and live in.
- You might be an entrepreneur with an idea to make our homes, offices or everyday lifestyles greener, in the way we live, work and play. Perhaps it’s an urban farming company that creates vegetable patches in unused city spaces, from balconies to office rooftops. Or perhaps you’ve come up with a clever way of connecting commuters travelling the same routes, making car pooling or taxi sharing viable on a major scale.
- An example of a previous winner includes a company such as Pavegen – a business that developed paving slabs to convert energy from people's footsteps into electrical power
The £5,000 award funding is intended to help you take your business idea to the next level. To that end, there are certain items that you may not use the funding to purchase. These are (but not limited to): a new laptop/PC or new equipment/capital items (unless for a specific purpose directly related to the business), your rent, wages/staff costs and stock.
At the end of each month, 10 shortlisted entrants are asked to submit an 'elevator pitch video' (max 1 min long) to go up for a public online vote. You can use a webcam, phone, video camera, camera, etc. to film your video and previous examples can be seen in our Video Lounge. In normal circumstances, videos must be submitted by the end of the second week of the month and failure to meet the deadline will lead to disqualification. The person to receive the most votes will have +10 points added to their final judges’ score; the person to receive the second highest number of votes will have +9 points added to their final judges’ score – and so forth – with the person with the least amount of votes receiving +1 point to add to their final judges’ score.
Whilst the online voting takes place, a panel of independent judges score the shortlisted entries based on the information supplied in the original online application forms. The judges' scores are combined with the points received from the online vote and the person to receive the highest overall score will win the monthly Shell LiveWIRE Smarter Future Award and £5,000 funding.
Prizes are awarded approximately one month after candidates are named in the shortlist (i.e. those who apply for December awards will be notified that they are on the shortlist the first week of January, and the winner will be announced the first week of February).
Once the awards have been announced, winning videos are then moved into our Video Lounge. Winners' videos will also be uploaded to our YouTube channel.
All Smarter Future Award winners are automatically considered for the annual Shell LiveWIRE Young Entrepreneur of the Year Award. If you win a Smarter Future Award, you will be asked to fill out a supplementary application form (usually in January/February) which will be used in the judging process for the Shell LiveWIRE Young Entrepreneur of the Year Award. The six Smarter Future Award Winners who successfully reach the final will then be asked to take part in a judging day in London around March time. The person who submitted the original Smarter Future Awards application is considered the ‘lead applicant’ and is the person who will be considered for the Young Entrepreneur of the Year Award, so please ensure that the appropriate person makes the initial application.
Please note that Smarter Future Award Winners may not defer their consideration for the Young Entrepreneur of the Year award to the following year.