Three teams pitching circular economy business ideas were chosen at ClimateLaunchpad Finland 2017 to take part in the international ClimateLaunchpad final to be held in Cyprus in October. Two of the three victorious teams are run by New Global researchers.
The winner of ClimateLaunchpad Finland 2017 is Pikotech with their idea for developing a business model for combined community scale sawmilling and bioenergy solution for pine forest intensive regions in developing countries. The team members, New Global researcher Tatu Lyytinen and Aditya Poudyal, are currently engaged in customer development in Nepal and Tanzania, as well as in modifying the bioenergy solution to fit the developing country context.
TeMu Materials and Urbantransitioners also made it to the top three. TeMu Materials’ business idea is to turn textile waste into reusable biomaterials with mushroom leather being the main final product. Urbantransitioners’, where New Global researcher Marleen Wierenga is involved in, idea is to build toilets in developing countries, collect urine and produce fertilizer out of it.
The ClimateLaunchpad competition, organised this year in 36 countries, aims to accelerate innovation that enables a low-carbon future. The competition scouts cleantech talent and helps them grow their sustainable idea into a global business. The competition is part of the EU-backed Climate-KIC initiative and organised in Finland by Impact Iglu.