Mango Materials wins Postcode Lottery Green Challenge

In New York, Mango Materials announced that their CEO Molly Morse is the 2012 winner of the Postcode Lottery Green Challenge, the world’s largest annual award for sustainable entrepreneurship. Morse received $630,000 (€500,000) to develop her promising green business.

Her company, Mango Materials, uses bacteria to turn methane gas into biodegradable plastic.  The Postcode Lottery Green Challenge announced the prizewinners’ names at a special dinner in New York organized by the Dutch Postcode Lottery in conjunction with the annual meeting of the Clinton Global Initiative.  The Green Challenge jury, made up of seven international experts, selected Mango Materials out of a field of over 500 entries.

More on the story.