On Monday 10th November, 26 finalists in the RBS Innovation Gateway pitched their green inventions to a panel of judges, in a bid to test their new products in selected RBS buildings and branches in the UK. The project attracted more than 140 submissions in just 40 days, from brand new concepts through to market-ready products and services. The ideas came from innovators and small businesses (SMEs) from around the world, including the UK, the US, Australia and Europe.
After a rigorous selection process involving innovators from around the world, the successful energy saving products and services have now been announced. These include money saving heating and lighting solutions, an energy saving solution to power down PCs when they are not in use, ceiling tiles that absorb, store and release excess heat, magnetic secondary glazing to improve draughty windows, and a toilet that saves water - from 9 litres to 1.5 litres per flush.
The successful market-ready innovators were HSG, Alquist, Raise Energy Solutions, Sunamp, Senselogix, Chalmor, Propelair, Datum Phase Change, Certero and Glaze who will all get the opportunity to test their products in RBS properties. The successful concepts were City Farm Systems, The Solar Cloth Company, Limetools, Reduse, Ripe Office and Powervault who will all receive a £3,000 grant and additional support to help move their concept to a garage tested/market ready product.
Greg Lavery, Director of Rype Office and one of the winners of the RBS Innovation Gateaway scheme, commented: "We are delighted to win this award and thank RBS for reaching out to small businesses. Being chosen as a successful innovator by the RBS Innovation Gateway confirms that there is a market for remanufactured office furniture and gives confidence to other potential customers to choose our products"
Marcela Navarro, head of Customer Innovation at RBS, who is leading the Innovation Gateway project, said: “We know small businesses and innovators can struggle to get the opportunity to pitch their ideas to larger corporates, which means they struggle to get the chance to prove their brilliant ideas can work. So trials and test beds like we are offering are crucial for innovators to accelerate their access to market. That’s what the Gateway is about and what makes it so valuable.”
The judging panel was made up of Maggie Philbin, CEO of Teen Tech and former presenter of Tomorrow’s World, Caroline Rainbird, Director of Corporate Services of RBS, Ed Craig, Head of Innovation and Entrepreneurship of ECCI, Stephen Howard, CEO of BITC, John Elkington, CEO Volans and Martin Chilcott, CEO 2degrees.
The RBS Innovation Gateway, which was launched in March this year, has three aims:
- to help RBS save more energy, water and waste;
- to nurture new, brilliant ideas;
- help local innovators and SMEs to accelerate their ideas to market.
Three years ago RBS set a target to reduce the banks energy and water consumption by 15% and they are currently on track to achieve this.
For more details visit the Innovation Gateway awards website.