Monday, July 8, 2024
Reading Time: 3 minutesThe annual NextCycle Michigan Summer Showcase highlighted 17 teams (listed below) from Michigan and beyond, pitching innovative projects focused on reuse, recycling, composting, and recycled-content.
Held last month at Eastern Michigan University, an expert judging panel and an audience of entrepreneurs, small businesses, brands, investors, community representatives, and recycling industry professionals gathered to hear the teams’ collaborative ideas – part of Michigan’s journey towards a stronger circular economy.
NextCycle Michigan, an initiative by the Michigan Department of Environment, Great Lakes, and Energy (EGLE), aims to advance businesses and projects that build capacity and markets for material recovery, reuse, and recycling in Michigan.
EGLE Director Phil Roos delivered the keynote address, emphasizing Michigan’s efforts to minimize waste and increase innovative, scalable solutions.
“It’s imperative that we move toward a sustainable future, not only to ensure that our children and grandchildren enjoy the wonders of the Great Lakes State – as we have – but to continue leading in a rapidly changing economic landscape,” Roos said. “EGLE is proud to lead the NextCycle initiative, which is leveraging public and private investment in Michigan’s recycling system to put materials that were headed to the landfill back into the supply chain.”
Selected teams received access to research, mentorship, one-on-one coaching, a multiday accelerator camp, business planning, pitch development, and matchmaking with potential partners and funders. The Showcase is the culmination of a six-month program where teams pitch their projects, compete for awards, seek investment, and connect with partners.
The program is designed to meet participants where they are and focus on the success of solutions. With an emphasis on reducing barriers, the program is free for participants, and businesses completing the program do not sacrifice any equity, allowing them to focus on reaping the benefits of a technical and collaborative program.
The June 12 Summer Showcase featured projects organized into two tracks:
FLOWS Track: The Food, Liquids & Organic Waste Systems (FLOWS) Accelerator Track supports projects transforming any aspect of organics recovery in Michigan, from food donation to food scrap recovery to new market development for finished compost.
RIT Track: The Recycling Innovation & Technology (RIT) Accelerator Track supports projects advancing new material recovery technologies, waste minimization techniques, or other advancements in sustainable materials management.
Monetary and in-kind prizes totaling $26,000 were awarded to teams that presented a five-minute pitch and answered questions from the judging panel.
In a surprise announcement, Julie Staveland, assistant division director for EGLE’s Materials Management Division, revealed a total of $85,000 in Harvest Grant funding would be distributed to the 17 teams ($5,000 to each team) that presented pitches at the Summer Showcase.
“You have sown the seeds and grown your projects. It is now time to harvest those endeavors and take it to the next level,” Staveland said. “We believe in the work you are doing, and in the mission, and we will continue to invest in you, the change makers.”
The NextCycle Michigan Summer Showcase winners are:
Also participating in the Summer Showcase and receiving their share of the Harvest Grant funding were teams representing:
Tags: and Energy (EGLE), circular economy, great lakes, Material Recovery, Michigan Department of Environment, NextCycle Michigan, Reuse Projects, Summer Showcase
Monday, July 8, 2024
Monday, July 8, 2024
Monday, July 8, 2024
Monday, July 8, 2024
Monday, July 8, 2024