Nominees for the Postcode Lottery Green Challenge 2016 announced
25 green start-ups have the chance to win €500,000 to make their business plan a reality
On August 15th it will be made known which 5 nominees move on to the finale on September 14th
Green City Solutions is one of the 25 nominees who are still in the running for a final place in the Postcode Lottery Green Challenge 2016 were announced. Organised by the Dutch Postcode Lottery, this is the largest annual international competition in the field of sustainability innovation. On August 15th, it will be made known which 5 nominees will move on to the finale to be held on September 14th in Amsterdam. The winner of the Postcode Lottery Green Challenge 2016 receives €500,000 to further develop their product or service and bring it to market. The runner-up receives €200,000.
Green City Solutions
The IoT and biotech start-up addresses the global problem of air pollution by combining a special, vertical installed moos culture, with Internet-of-Things (IoT) technology. The patented product, called the “CityTree”, is a 4meter-high, 3m-wide and 60cm-deep, freestanding unit. It combines specific moss cultures with vascular plant that eat particulate matter (PM), nitrogen dioxide and ozone – offsetting 240t of CO2e/year in total. Annually the plant filter compensates pollution from up to 417 cars and can be adapted to any environment. The construction contains sensors collecting environmental and climatic data, to regulate and control the unit and ensure that the plants survive. Thus, the CityTree has the same effect as 275 urban trees, but requires 99% less space. Thanks to solar panels and rain water retention systems, the unit requires only a few hours of maintenance per year. By using technologies like WiFi, iBeacon, NFC and digital screens, CityTrees can also transmit digital and visual information.
Dénes Honus, CEO and Co-Founder of Green City Solutions, commented: “Being chosen as one of 25 nominees and as the only one from Germany is a great honor. It is a huge motivation to work on our vision of more livable and greener cities in the future.”
The 25 nominees are from: the Netherlands, the USA, United Kingdom, Sweden, Germany, Israel, India and Rwanda. With 10 nominees the Netherland has the strongest representation. Followed by five star-ups from the USA, UK with four startups and Sweden with two nominees. The other four countries are represented by one startup.
292 sustainability business plans from 61 countries
For the tenth year in a row the Dutch Postcode Lottery seeks to support new products or services that reduce CO2 emissions and greenhouse gases through the Postcode Lottery Green Challenge. A preliminary jury of experts assessed the 292 sustainability business plan submissions sent in from 61 countries.
Margriet Schreuders, chair of the preliminary jury: “This year’s longlist reflects the challenges the world is facing in the field of energy demand, food wastage and urbanization. Reading through their business plans give us a glimpse how they look at the world, it’s really inspiring to see how they think in terms of solutions rather than problems. These entrepreneurs are working on solutions for the world of tomorrow.”
Source Green City Solutions GmbH & Co. KG