The Shell Springboard award recognises six UK-based small to medium-sized enterprises (SMEs) with innovative, low-carbon business ideas.
EndoTherm is a low cost, high impact energy saving additive that can be introduced into any wet heating system, commercial or domestic, reducing energy consumption by up to 15 percent and thus decreasing bills and greenhouse emissions.
Ben Sallon, managing director of Endo Enterprises (UK) said: “To be a Shell Springboard regional winner is a great honour for our small business. We know that EndoTherm is a fantastic product and we are delighted that it has been recognised by the judges for its innovation and energy saving capabilities, and we hope this will in turn see wider appeal to UK and export energy consumers.”
Endo Enterprises was established in 2013 to manufacture and sell EndoTherm, a unique, patent-pending product. With low installation costs, no system downtime, no capital outlay and effectiveness for seven to 10 years, the return on investment with EndoTherm is less than one year and the lifetime carbon saving for just one domestic installation is over five tonnes.
Adrian Polak, EndoTherm sales manager added: “EndoTherm could be installed in every home, massively reducing carbon emissions and having a significant impact on installers, homeowners, housing associations and other stakeholders. Winning the Shell Springboard Regional award is a fantastic opportunity for us to invest in the data needed to take us on the next exciting step of this journey.”
The regional winners win a prize of £40,000 and the Shell Springboard Final will be held in May with the six finalists competing for a further £110,000 of prize money.