Climate-friendly business ideas up for €500,000 prize
- By Greg Rose -
- Sep 20, 2012
Three entrepreneurs are heading to the Postcode Lottery Green Challenge final in New York with their climate-friendly business ideas.
The winner will scoop a €500,000 prize that will help the winner bring his or her CO2-reducing business plan to market.
Molly Morse of the US, Daan Weddepohl of the Netherlands and Nick Gerritsen of New Zealand will travel to New York for Sunday’s Postcode Lottery Green Challenge 2012 final, after coming out on top of 509 entries.
As well as overall winner's prize, the other two finalists will receive €100,000 each to realise their CO2-reducing business plans.
Molly Morse's business idea, Mango Materials, uses bacteria to convert methane into biodegradable plastic, which can be made into products that can ultimately undergo recycling in the same microbial process.
Through an app and website, Daan Weddepohl's Peerby puts consumers in touch with neighbours who can rent or loan them goods they need, lessening the need for new products and thus cutting CO2 emissions.
Nick Gerritsen's CarbonScape uses industrial microwave technology to transform waste biomass into high-grade alternatives to non-renewable fossil products, reducing CO2 output.
Look out for the winning announcement on Sunday over at the Postcode Lottery Challenge.
Image by Roy Beusker photography