Wednesday, March 15, 2017

Nigeria's Chioma Ukonu Among Finalists of $1M Global Social Enterprise Competition

Chioma Ukonu, the Co-Founder & COO of RecyclePoints is among the 30 finalists shortlisted for the $1M Global Social Enterprise Competition of Chivas Regal® to reward the most promising Social Entrepreneurs around the globe.

RecyclePoints is enabling individuals, particularly from low-income households, to create value from their everyday waste. We operate an incentive-based model which collects recyclable waste materials from registered households, and in turn rewards them with points, which they can accumulate and redeem for cash or other useful items offered through our iRecycle Store. We employ young ‘Wastebusters’ to ride our electric tricycles and collect door-to-door recyclable waste such as plastic bottles, aluminum cans, newspapers, or cartons. These items are then processed at our Collection & Sorting Hub by unemployed women within the community, and sold on to recycling plants to use as raw materials for new products.

See more in the following press release.

NEW YORK, March 14, 2017 /PRNewswire/ -- Today, at the Skoll Centre at the world-renowned University of Oxford, 30 of the brightest startups from across the globe were unveiled as finalists of Chivas Regal's The Venture – a global search to discover and reward the world's most promising social entrepreneurs. Each finalist, including DayOne Response from San Francisco, CA, will travel to Los Angeles, CA, in July to compete for a share of $1 million to make their dream of creating a better future for the world a reality.

Click here to read the full report and vote for the finalists.

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