Clerodendrum myricoides. Photo/Commons Wikimedia
By SIMON CIURI
Two Kenya companies have won Sh6.5 million ($75,000) for running green enterprises.
Continental Renewable Energy Company,
which converts plastic waste into low-cost building materials, has won
Sh4.32 million while organic fertiliser distributor Wanda Organic
Company won Sh2.16 million from Growth Hub.
Growth Hub is an initiative that supports viable
businesses pursuing environmental conservation financially, helping them
to expand. Continental recycles plastic waste to make fencing posts and
resin roof tiles while Wanda imports and distributes non-chemical
fertilisers.
Wanda supplies Plantmate fertiliser which is
produced from plant and animal wastes as well as Prime EC, an emulsion
soil enricher. The two products are widely used in Southeast Asia,
Indochina, China, and Australia.
Continental and Wanda will also be linked to
mentors, specialists and potential investors from Kenya, US and Denmark
for partnerships. The competition had 13 finalists.
“We gave the participants an open forum to
nominate the best business idea amongst themselves. We wanted to reward
the best,’’ Growth Hub managing director Patricia Jumi said.
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