24th September 2012
American winner collects €500,000 in Green Challenge for biodegradable plastic business
Molly Morse from the United States has won the Postcode Lottery Green Challenge 2012. The jury announced Molly's win last night in New York. Morse has received €500,000 to develop her promising green business, Mango Materials. The company uses bacteria to turn methane gas into affordable biodegradable plastic. Two other finalists, Daan Weddepohl from the Netherlands and New Zealander Nick Gerritsen, won €100,000 each for their CO2-reducing business ideas.
The Postcode Lottery Green Challenge announced the prize winners last night at a special dinner in New York organised by the Postcode Lottery in conjunction with the annual meeting of the Clinton Global Initiative (CGI).
“Thanks to this generous prize, soon consumers will be able to buy goods made from biodegradable plastic for an affordable price,” Morse said. “And that's going to be so much better for the environment. Our bioplastic is an environmentally friendly alternative to traditional plastic, which piles up in nature and garbage dumps.”
Morse's fellow finalist Daan
Weddepohl of the Netherlands won a €100,000 runner-up prize to develop his
promising Peerby website and app. The business enables people to borrow and
rent goods from neighbours. The second €100,000 runner-up prize went to Nick
Gerritsen of New Zealand. His company, CarbonScape, uses industrial microwave
technology to turn waste biomass into high-grade alternatives to non-renewable
Every year, the Postcode Lottery Green Challenge invites people around the world to send in their plans for sustainable, creative, innovative businesses which would reduce CO2 emissions. In 2012, the organisation received a record 509 entries. An international jury of experts chose these three green entrepreneurs to take part in the final in New York.