(AMSTERDAM)

The 2018 Postcode Lottery GreenChallenge has announced the 25 startups from around the world competing for a top prize of €500k.

Early stage companies developing innovations to tackle global challenges including water scarcity and the scourge of plastic waste are among the final 25. This group will be whittled down to five by mid-August, ahead of the pitching finale on 13 September in Amsterdam.

 

“Postcode Lottery GreenChallenge shows that you can make money with a company that contributes to the planet. I am incredibly impressed with the top 25 – some are really revolutionary, and some show how feasibility and scalability can make all the difference. I’m looking forward to continuing the journey with them,” said Jacquelien Bunt, deputy head of charities at the Dutch Postcode Lottery and chair of the preliminary jury.

 

A Rwandan startup picked up the €500,000 top prize last year for its earthen home flooring; and the winner will walk away with the same amount this time, with €200k going to the runner up and another €100k available to the other finalists.