Startups

This Berwyn green tech company is in the running for a $25M prize

Biochar is one of 11 finalists in the Virgin Earth Challenge. The major environmental prize is a project of entrepreneur Richard Branson, but there's no timeline for when it will be awarded.

Restaurants partnering with TwentyTables can now work with Performance Food Group as preferred vendors.

Washington, D.C.-based TwentyTables is partnering with Richmond,Va.-based Performance Food Group, a $17.45 billion national food product distributor. This partnership will allow TwentyTables participating restaurants and food trucks the opportunity to access Performance Food Group goods and services as a preferred vendor. "Everyone benefits in this relationship, and in our community of food," TwentyTables founder and CEO Alex Cohen told Technical.ly. The TwentyTables app allows users to connect with $6 lunch and $12 dinner options from local restaurants. This partnership is another big win for the TwentyTables team this month after taking home first place at 2018 Startup Week DC pitch competition, which came with a load of prizes. “The conversation about social responsibility is one that we should all take seriously. When the opportunity to align our interests with an award-winning startup came up," Performance Food Group's Dennis Barry said in a statement, "we felt we had to do it."

The Biochar Company, a Berwyn-based green tech company, is one of eleven finalists in entrepreneur Richard Branson’s $25 million environmental business challenge.

Called the Virgin Earth Challenge, the competition tasks entrepreneurs with developing technology that could remove greenhouse gases from the atmosphere. Judges, including Branson and Al Gore, chose 11 finalists out more than 10,000 applicants in the fall of 2011.

That $25 million is all still a distant possibility: there’s no set timeframe for when the judges will choose a winner or multiple winners, or if they’ll even choose one, according to the rules.

The Biochar Company, which merged with a Colorado-based company earlier this year, developed a kind of charcoal that can “increase soil’s ability to hold water and nutrients” and “lasts for centuries,” company ambassador Bob Cirino, or “Biochar Bob,” told WHYY’s The Pulse.

Read the whole story on NewsWorks -30-
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