Shell E4 Smart Energy Track
The energy start-up hub for world-changing entrepreneurs.
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Intro
About Shell E4 Smart Energy Track
Shell E4 Program provides a platform for collaboration and conversation around valuable energy transitions, offering startups an opportunity to bring their ideas to life with Shell’s guidance and support. The Shell E4 program builds upon the company’s global vision to support the energy sector’s evolving ecosystem. Shell has a rich history of working with entrepreneurs across the energy value chain globally
The smart energy track is a program designed for early to mid-stage start-ups that have proven proof of concept (or solution). It is a tailor-made program focused on helping startups scale their businesses and become market ready.
Benefits for startup
We aim to offer the following benefits (and more) to the startups who are selected in this program:
Startups shall have access to infrastructure, expertise, capital and customers to help them accelerate their business growth and test the commercial and technical viability of their business offering.
The startups will benefit from Shell’s Technology Labs and IT infrastructure, resources, network of partners and customers, and will also have the opportunity to pitch their ideas to other potential investors brought in during the program.
About the opportunity
At Shell E4 our Mission is to empower and enable identified Indian entrepreneurs, working on energy related start-ups to help them become sustainable, profitable and significantly impactful organizations. Our objectives are:
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1. Co-creating and developing the start-up ecosystem in India - Convene leaders, expertise and resources to build and mobilize the start-up ecosystem by sourcing, defining and executing impactful projects.
2. Offer world-class start-up hub to support and enable energy related start-ups: Programmes structured in ways that suit the unique nature of energy start-ups which typically require longer gestation periods given the requirements of development & robust testing.
3. Establish a strong investor network for energy related start-ups: Define a Shell start-up investment strategy for India providing case for investors internal and external to invest in India energy related start-ups.
Training and mentoring, Matchmaking and connections, Acknowledgments and awards, Large enterprise IP licensing, Access to non-financial resources, Resources for R&D and prototyping, Startup IP licensing, Pilot project contracting, Providing innovative product or service, Acceleration program with equity, Investment with minority shareholding, Acquisition and merge.
Objectives of the challenge proposed by the proposing company
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• Boost the development of products or complementary services;
• Get strategic insights;
• Access new technologies;
• Innovative products or services;
• Innovative process;
• Solve business challenges;
• Promote an image and reputation oriented to innovation;
• Develop innovation capabilities between employees;
• Encouraging entrepreneurial culture;
• Attract and retain entrepreneurial talent;
• Financial feedback.
