Deadline: June 1, 2018
The 12th edition of the Postcode Lottery Green Challenge has kicked off. Green start-ups from all over the world can submit their green business plans for a chance to win €500,000 to further develop the product or service, and to bring it to market. The Postcode Lottery Green Challenge is one of the world’s largest competitions in the field of sustainable entrepreneurship. Green start-ups from all over the world can submit their promising sustainable business plans.
The Dutch Postcode Lottery started the competition in 2007, after being inspired by President Clinton to look for those dedicated entrepreneurs with brilliant green business plans. Plans that are ready to speed up the transition towards a low carbon economy. The answers to the issues of our time are already in front of us. But it takes entrepreneurs like the Postcode Lottery Green Challenge finalists to present us with sustainable solutions and get them out into the world.
- There is a total of €1 million in combined prize money available for the five best start-ups, of which €500,000 is intended for the winner.
- The runner-up will receive €200,000 and the three other finalists receive €100,000 each. An international jury selects the winner and runner-up.
As an applicant, you should
- be willing to bring your idea to market yourself, and to commit to working with any organisation necessary for developing the product and/or implementing the service
- be 18 years or older
- agree with all the Terms & Conditions of the competition
- fully complete all the questions on the entry form in English
- be willing to attend the Postcode Lottery Green Challenge in Amsterdam if you are selected as a finalist to present your idea to the jury (reasonable travel and lodging expenses for one person per finalist will be reimbursed)
- should have the potential to reduce greenhouse-gas emissions by an amount you can roughly estimate
- should be developed enough to execute
- should be realisable as a usable product or service within the next two years
- should preferably have integrated Cradle2Cradle principles in the designs
Besides these criteria, the jury will also look at factors such as: communication potential, courageousness and creativity.
You can always take a break and come back to continue filling out your application, but make sure to submit your business plan before 1 June 2018, 12:00 CEST.