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Postcode Lotery Green Challenge
Fri Mar 16, 18:30 - Fri Mar 16, 20:30
Impact Hub Joburg
ABOUT
What is the Postcode Lotery Green Challenge?The Postcode Lottery Green Challenge is an annual international competition that rewards products/services/technologies that successfully combine sustainability, entrepreneurship and creativity. The jury will look for business plans that contribute to an eco-friendly lifestyle, directly reduce greenhouse gas emissions and score highly on convenience, quality and design. The winner gets €500,000 to bring his/her business to market. The runner-up will receive €200,000. The five finalists of the Postcode Lottery Green Challenge win a minimum of €100,000, the runner-up receives €200,000 and the winner takes the grand prize of € 500,000. But it takes more than prize money alone to become successful and create impact. On behalf of the Postcode Lottery Green Challenge, Rockstart organises a several months long tailored accelerator program for the five finalists, the Green Challenge Deep Dive. The program is aimed at identifying the start-ups’ biggest challenges and to provide them with mentorship and valuable connections to become investor ready. Why is it organized? Climate change presents us with a pressing global challenge. The world needs help embracing a more sustainable way of life, and one bright idea can make a big difference. We started the Postcode Lottery Green Challenge to promote the invention of great new green products and services. Businesses 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.
What happens to the companies that do not win?
The team behind the Postcode Lottery Green Challenge is in touch with a number of organisations that are interested in helping to realise ideas that don't win. The entry form allows you to grant permission to these parties to contact you directly. The purpose of the Postcode Lottery Green Challenge is to encourage people to think about products and services that can make the planet greener. We hope many of these ideas will be realised – not just the ones that win the prizes!
Who can apply?
You are an innovative entrepreneur with an idea to tackle climate change - You have a proven business plan to execute your idea - You have a product or service that reduces greenhouse gas emissions - Your product or service should be developed enough to be executed and brought to market within 2 years - You are able to pitch your business plan in English.
?We will have a scout at the event that will be there to explain the competition indepth as well as give some one on one time to make sure that everyone understands what they need to do and what the way forward is.
Scout Information
Linda (33) is a filmmaker / startup scout / moderator at events & talkshows. People who go above and beyond to challenge the status quo inspire Linda. Her search for these individuals has instigated the Slow Food Youth Network & Professional Rebel.
Linda has a curious mind, loves to talk and eat with her hands and dislikes indifference. In the last year Linda has been working on:
Linda has a curious mind, loves to talk and eat with her hands and dislikes indifference. In the last year Linda has been working on:
- international startup scout for the Postcode Lottery Green Challenge;
- startup scout for the Impact Hub Amsterdam for the Investment Ready Program;
- International documentary series Twentie Four. We follow 24 entrepreneurs in 24 cities for 24 hours. All of them fix the world and make money.
DIRECTIONS
Postcode Lotery Green Challenge
Impact Hub Joburg
9 Walters St, Johannesburg, 2196, South Africa
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