Who finances the team?
Sourcing independent financing is one of the key challenges for the teams. Students are required to secure funding and technical partnerships with third partners in order bring their project to fruition. Much funding is typically secured in the form of sponsorship deals, under which sponsors’ logos feature on team vehicles. Shell provides the teams with a basic travel allowance that is available to all and calculated according to the distance travelled by teams to the event. Shell also offers teams components and construction materials at cost price, either subsidised by Shell or provided by the partners of the Shell Eco-marathon Asia. Shell actively aids teams in other ways, providing crucial non-financial support. For example, Shell offers teams advice on how best to secure funding and engage partners through effective communications. Shell also provides all teams with a unique access point and in-house expertise for whatever questions teams may have in developing their projects.
