Deadline:

1 June 2018

Location:

Online, Netherlands

(Fully Funded)

Description

Postcode Lottery 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.

More Details

During the Postcode Lottery Green Challenge in 2016, the Postcode Lottery Green Challenge Fund was launched. This Fund invests in promising winners and (former) finalists of the Green Challenge, in order for them to grow into successful companies that can really make a difference in the world. After the market entry additional capital is often needed to be able to scale up. The current venture capital available in the market focuses mainly on companies that are already beyond the start-up phase, simply because it is too high-risk for many investors.

Specializations for studying on this opportunity:

– 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.

Required Languages

English

Eligible Countries

ALL WORLD COUNTRIES

Program Period

  • Until 1 June 2018  you can complete your application.
  • The preliminary jury will announce the 25 nominees Mid-July.
  • Mid-August the preliminary jury will announce the five finalists.
  • On 13 September 2018 the five finalists will pitch their business plans for an international jury and selected audience.

Eligibility Requirements (Criteria)

Your plan:

  •     should have the potential to reduce greenhouse-gas emissions by an amount you can roughly estimate
  •     should be developed enough to execute
  •     should be realizable 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 should:

  •     be willing to bring your idea to market yourself, and to commit to working with any organization necessary for developing the product and/or implementing the service
  •     be 18 years or older
  •     agree with all our Terms & Conditions
  •     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)

Prize

(Fully Funded)

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 organizes 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.

How to Apply

  • Create an account
  • Enter details (Company name, company website, in which country is your start-up based…etc.)
  • Enter basic information (Your current stage, category)
  • Answer question relative about the company’s service
  • Enter your market and business model
  • Enter your team
  • Enter your details
  • Upload your presentation

Apply Now

More Details

If you have any further questions, please send it to the Postcode Lottery Green Challenge team using our helpdesk form. Contact us.

Know more about this opportunity:

Official Website

Marj3 recommended links

To learn how to write CV, Essays, Personal statement,  and know about recommendation letters click here:

Marj3 recommended links

This Scholarship Published by:
Mohammed Djalil Baaziz /Algeria

Reviewed by” Raghda M. Nagy/ Egypt
MARJ3 Intern
MARJ3 Scholarships team

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