The greening of entrepreneurship

11 03 2008

Venture capital investment in clean technology businesses rose sharply in 2007, reflecting political and consumer support for a greener economy.   One competition for start-ups which reflects this is the Shell Springboard Awards – presented last week – which reward the UK’s best small business ideas for combating climate change.  This year’s winner, Paula Carey, runs Carbon8, a company which uses an ‘Accelerated Carbonation’ process to turn rubbish from landfill sites into building materials such as bricks or roofing.  Shell said that with government incentives, increased consumer awareness, and an estimated market value of £2.8bn, there are major opportunities for small businesses in the climate change market. 

Professor John Beddington, keynote speaker at the event and Chief Scientific Advisor to the government, urged businesses to help combat climate change: “We need innovators to provide solutions to the problem of climate change and entrepreneurs to take them to market”.  This view is further endorsed in the first of a two-part series in the Sunday Times, “Green means go for new firmswhich talks with entrepreneurs who have found that adopting an environmentally friendly policy can pay dividends.




One response

29 04 2008
Meeting the green challenge « NCGE Blog

[…] [See also The greening of entrepreneurship] […]

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