What is the Shell E4 programme ?
The Shell E4 programme is scouting for entrepreneurs, startups with innovative business models, technology ideas and products. The startup should be in early, pilot, or post-pilot stages with a potential to impact the future of energy. We will work with the selected cohort for a period of six months and provide them with access to Shell’s capability in technology development and product commercialization, along with mentorship and a fixed sum investment.
At Shell India, we are driven by our purpose of “Powering more and cleaner energy solutions - through our people, partnerships and innovations - for India and the world”. E4 is a natural extension of this core purpose, and envisions to create shared value of society by nurturing the entrepreneurial ecosystem in the country. 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.
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. Details of some of our programs can be found at the bottom of the webpage.
Aligned to this vision, #Makethefuture Accelerator India, which concluded earlier in March 2017, demonstrates Shell’s commitment to improve and build new energy systems through innovation and collaboration.
Shell E4 will be located at the Shell Technology Centre Bengaluru (STCB) and, is well positioned to leverage the vibrant Bengaluru ecosystem.
What will the selection process entail?
The evaluation process entails the following stages:
- Initial screening of the applications: There is a multi-level screening process involved. Applications will be screened over multiple rounds for eligibility against the assessment criteria and scored on the basis of screening guidelines. All the shortlisted startups shall be notified at the end of this screening round. Those who do not meet the criteria will not proceed to the next round.
- Due diligence: The selected startups will go through an audit to confirm all facts, financial records, any other deemed material
- Shortlisting of the startups for 1st cohort: Following the evaluation, the selected startups will form the 1st cohort and will be incubated with Shell for a period of 6 months.
Startups selected as part of 1 st cohort will work with Shell for a period of 6 months.
What are the important dates?
|Registration opens||6th October 2017|
|Registration closes||17th November 2017|
|Announcement of 1st cohort||4th December 2017|
Can my organization submit more than one application?
We will only accept one application per organization.
Can we participate if we are already getting support from another corporate, agency or investor?
Yes. The application form will ask you to provide details of any external funding or support received by your team.