Be A Green Entrepreneur

London Mayor Boris Johnson is challenging the capital’s students to come up with new and innovative ideas to cut carbon emissions and boost London’s green credentials.

The 2013 Low Carbon Prize offers students the opportunity to win a share of £20,000 to turn their ideas into reality. This year 20 of the best runners up will be shortlisted for a chance to win a paid internship with leading industrial engineering firm Siemens, sponsors of the award.

The Low Carbon Prize is open to students at Further and Higher Education Institutes across the capital, and will award cash prizes to help develop the best ideas for reducing carbon emissions from London’s buildings, transport and energy infrastructure.

 2012 Low Carbon Prize winner Arthur Kay’s idea to turn used coffee grounds into bio fuel – a clean, cheap alternative to petrol and fossil fuels – is set to hit production this summer from a site in north east London. Thanks to the winning cash and support he received he has patented his idea, set up his own company, Bio-Bean Ltd, secured investors and a Europe wide distribution contract. By the end of the year Arthur hopes to be employing more than 20 people.

Arthur Kay, Low Carbon Prize winner in 2012 and founder of Bio-Bean LTD, said: “Thanks to the Low Carbon Prize I’ve been able to make my dream a reality and take my idea to turn coffee grounds into bio fuel, saving carbon emissions, into the market place. I want to encourage as many students as possible to get involved, put their thinking caps on and enter this year’s competition for their chance to take up this fantastic opportunity.”

You can find out more, including how to enter, at http://www.london.gov.uk/priorities/environment/greening-london

 

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