It has been all celebrations at LettUs Grow HQ the past week. We’re thrilled to announce we’re one of 25 organisations to have made it to the first stage of the Postcode Lottery Green Challenge. The top prize is €500,000 to further develop the winner’s product or service and bring it to market. The runner-up receives €200,000 and three other finalists will win €100,000 each.
It is amazing to see our team recognised for the fruits of their labour after months of hard work in the LettUs Grow lab. Winning the green challenge would unlock so many doors and enable us to bring our innovative agricultural technology to a global audience much faster than is currently possible.
The international competition, organised by the Dutch Postcode Lottery to provide a helping hand to entrepreneurs starting sustainable businesses, saw applications from 100 countries from all over the world.
The diverse group of startups that have made it into the top 25 include plans to stop plastic reaching the sea, to make the storage of renewable energy more efficient, and to combat water scarcity around the world. They show the broad range of ways businesses can make a positive impact on the planet, while also being successful.
We are honoured to be included in such an inspiring group of companies from all over the world, every one striving for a better future for our planet. LettUs Grow is entering an exciting time of development, with a talented team all working to help feed the next generation as sustainably as possible.
Now, all we can do is wait. The five finalists will be announced in mid-August, and will then present their pitches to a jury on 13 September in Amsterdam, where the winner will be announced.
Keep your fingers crossed. We will!