18th September 2012
Three Entrepreneurs Make the Green Challenge Final
Yesterday, three entrepreneurs got one step closer to getting their hands on a €500,000 prize pot to bring their green business idea to life. The chosen three were announced at the annual Postcode Lottery Green Challenge held at the PICNIC festival 2012.
Molly Morse from the United States, Daan Weddepohl from the Netherlands and Nick Gerritsen from New Zealand will all attend the Postcode Lottery Green Challenge 2012 final in New York.
This Sunday (23 September), the jury will announce the winner of the €500,000 grand prize at a special dinner organised by the Dutch Postcode Lottery. The announcement will also coincide with the Clinton Global Initiative’s annual meeting. And although only one business idea will scoop the €500,000 prize-pot, the additional two finalists will also receive €100,000 each to realise their CO2-reducing business plans.
For one of the finalists, Molly Morse, there was double the joy this year. For the first time in the history of the Postcode Lottery Green Challenge, members of the public were able to vote for their favourite finalist. And it was Molly, whose Mango Materials business idea, had the voters going crazy. As well as being in with a chance of scooping the €500,000, she'll get to meet architect and Cradle to Cradle author William McDonough.
Find out more about the three finalists' green business ideas below:
Mango Materials uses bacteria to convert methane into biodegradable plastic, which can be made into products that can be recycled in the same microbial process.
The Peerby App and website help to link neighbours together and rent goods between them – in turn lessening the need for new products and cutting greenhouse gas emissions.
CarbonScape uses industrial microwave technology to transform waste biomass into high-grade alternatives to non-renewable fossil products, in turn reducing CO2 production.