To achieve this, the two teams collaborated with a large pool of experts and stakeholders from our businesses and the SHV Energy head office in Hoofddorp, Netherlands, to identify the most impactful areas of focus for this challenge:
The challenge was launched and opened for submissions in July 2022. During the submission period over 300 startups were scouted and reached out to, 51 submissions were received, and after a first round of evaluation, 13 startups were shortlisted that were interviewed by a panel of experts from our businesses. From those, 6 startups representing the Netherlands, Switzerland, the United States, France and Portugal were selected as finalists who were invited and attended an afternoon pitch session in the SHV Energy head office in Hoofddorp, Netherlands, to present their solutions to board members and other colleagues of SHV Energy. The session was very well received and after careful evaluations by a selection committee, 3 startups were chosen as winners. They will receive full financial and resource support for a pilot project with one or more of our businesses.
“We are thrilled to partner with innovative startups to help bring their solutions to market so we can reach our ambitious carbon emission reduction goals.”
Navid Ardakanian, Global Innovation Manager, SHV Energy
}
}
}
}