Shell Announces Support for New Greentown Labs Innovation Center
Nov 08, 2017
The Shell Prototyping Lab is scheduled to open in late 2017 and will support Greentown Labs' growing community of 60+ cleantech, hardware-focused startups.
Greentown Labs, the largest cleantech startup incubator in the United States, announced Shell International Exploration and Production, Inc. ("Shell"), as a Founding Sponsor of the Greentown Labs Global Center for Cleantech Innovation. Both organizations are committed to society's clean energy future and recognize the important role collaboration plays in bringing new energy solutions to market. Shell has served as a Terawatt Sponsor of Greentown Labs since 2013 and by deepening their partnership, Greentown Labs and Shell will enable more cleantech startups to succeed and solve society's big energy challenges.
Just steps away from Greentown Labs' current location, the Greentown Labs Global Center for Cleantech Innovation will serve as the incubator's headquarters and transform the incubator into a multi-facility campus totaling more than 100,000 sq. ft. When the Global Center opens in November 2017, it will provide additional prototyping lab space, office space for more than 100 cleantech startups, a 24-bench wet lab, electric and hydrogen fuel cell vehicle charging stations, and a 500-person event space which will serve as a convener for the global cleantech community.
Shell's Founding Sponsorship has played a critical role in bringing the Global Center to fruition. Key elements of this sponsorship include:
The Shell Prototyping Lab – The prototyping lab is the most highly sought after space at Greentown Labs and with Shell's support, the exclusively named Shell Prototyping Lab will help hundreds of hardware-focused clean energy startups build their products. Greentown Labs' flexible lab space allows cleantech startups to develop their technology from initial R&D to rapid prototyping, and helps prepare them for manufacturing and commercialization.
Founding Sponsorship – As a Founding Sponsor, Shell will be among an elite group of global corporations that have partnered with Greentown Labs to highlight their dedication to clean energy innovation and will be named a Founding Sponsor of the Global Center for the duration of occupancy by Greentown Labs.
"Shell is committed to clean energy innovation and we're proud to continue our strong and long-standing relationship with Greentown Labs and collaborating with innovative startups around the world," said Yuri Sebregts, Executive Vice President of Innovation and R&D and Shell Chief Technology Officer.
In 2016, Shell created a New Energies business, which goes beyond traditional renewables by looking at ways to connect customers with new business models for mobility and energy services. Mark Gainsborough, Executive Vice President of New Energies, adds "We aim to provide the world with cleaner energy and we believe working with the nation's largest cleantech incubator will help bring new, groundbreaking technologies to market faster which will ultimately help society adopt and implement new energy solutions."
Shell and Greentown Labs have collaborated on a variety of initiatives over the past five years and Shell serves as an exemplary corporate strategic partner within the Greentown Labs community. Shell has participated in or supported numerous activities at Greentown Labs including but not limited to, a corporate startup accelerator program, the build-out of their custom lab space as a corporate member company, the co-development of safety standards and protocols for the incubator, and led the series A investment round for one of Greentown Labs' member companies, called Sense.
"The Greentown Labs community is dedicated to innovation, collaboration, and a determination to develop solutions to today's environmental and energy problems," said Dr. Emily Reichert, CEO, Greentown Labs. "Since joining us in 2013, Shell has been a key corporate strategic partner not only because of their integration and immersion within our community, but also because they are committed to a similar mission. We've been fortunate to work closely with Shell's team over the years and see how deeply they value new energy technologies. We're proud to have them as Founding Sponsor and we're eager to see all the cleantech advances that will be developed in the Shell Prototyping Lab for many years to come!"
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