AlgiKnit, a 2018 finalist in the Postcode Lotteries Green Challenge startup competition

AlgiKnit

 

AlgiKnit, a 2018 finalist in the Postcode Lotteries Green Challenge startup competition

“For us, it was one of the only challenge that identified precisely with our message and goals for the future.”

Year on year, Postcode Lotteries Green Challenge attracts some of the brightest minds and most in-novative solutions to sustainability. 2018 was no different, with US-based biomaterials company AlgiKnit taking home a €100,000 finalists prize. Focused on the future of fashion with durable yet quickly degradable yarns made from kelp, the start-up recently announced a $2.2 million investment from Horizon Ventures and SOSV. Here, co-founder and Director of Innovations, Tessa Callaghan, talks future plans and the team’s competition experience.

 

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Previous winners

Qurrent

The Qbox combines the energy generated by personal solar panels and regulates the energy needs and costs

2007

Ecovative

Ecovative takes agricultural waste to create all sorts of sustainable decomposable material as an alternative to styrofoam

2008

The Power Collective

The Power Collective developed the RidgeBlade, a low-cost rooftop wind turbine that captures wind power in low-wind conditions

2009

One Earth Designs

The SolSource from One Earth Designs is a light, foldable device that harnesses the sun's energy to cook and generate heat and light

2010

CINTEP

CINTEP's technique cuts water and energy usage by 70% without sacrificing enjoyment or hygiene

2011

Mango Materials

Mango Materials produces a naturally occurring biopolymer from waste biogas that is competitive with plastic

2012

bioMASON

bioMASON employs natural micro-organisms to manufacture biological cement-based building materials

2013

bio-bean

bio-bean uses a patented process to upcycle waste coffee grounds into two advanced biofuel products

2014

Land Life Company

The Cocoon from Land Life Company is designed to support a seedling through its critical first years, especially in arid regions

2015

PHYSEE

The PowerWindow from PHYSEE is a patented and transparent double-paned windows that convert light into electricity

2016

EarthEnable

EarthEnable provide an alternative in the form of sustainable, clean, waterproof earthen flooring

2017

The Great Bubble Barrier

The Great Bubble Barrier has found a way to block plastics and allow passage of ships and fish

2018

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Who can apply?

Innovative entrepreneurs

You are an innovative entrepreneur with an idea to tackle climate change

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Businessplan

You have a proven business plan to execute your idea

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Combat climate change

You have a product or service that reduces greenhouse gas emissions

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To market

Your product/service should be developed enough to be executed and brought to market within 2 years

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English

You are able to pitch your business plan in English

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Who are we?

Worldwide

One of the world's largest annual competitions in the field of sustainable entrepreneurship

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Competition

The winner receives €500,000

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Combat climate change

Our aim is a zero carbon economy

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For start-ups

Help them bring their product/service to market

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Since 2007

Founded in 2007 after being inspired by president Clinton

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