More than 200 companies from as far away as America, Hong Kong and Israel, have entered their solutions for the Sustainable Industry Challenge, a major competition for companies in the green chemistry, green energy, and recycling sectors. In this challenge, five industrial companies from this region are searching for concrete solutions to render the chemical/energy sector more sustainable. Economic Board Groningen is organising the Sustainable Industry Challenge together with partners from the region to attract fast-growing companies to the Northern Netherlands. Companies with ideas for solutions had the opportunity to register until the 11th of November. More than 200 companies from 33 different countries were eager to take part.
Participants have been recruited by the Unknown Group, an innovation agency working with a team of global experts to recruit the scale-ups from all over the world and invite them to participate. “We’re delighted with the number of entrants,” says Akke Groenewoud, member of the Economic Board Groningen. “And we are especially enthusiastic about the quality of the applications, resulting from Unknown Group’s scouting process”. In the application process, scaleups elaborate on their solutions and how they can be applied to the challenges of the partners, showing how their solution can contribute to the region. “We see that most scaleups are not necessarily interested in the extra funding, but rather they are looking for strategic partners to help them grow their company and gain more exposure. It is fantastic that companies from all over the world are interested in our region and the issues that lie ahead in the field of sustainability, and thus are taking a serious step towards cooperation with companies already established here through these challenges” Akke Groenewoud continues.