bio-bean wins GIMA Innovators Seed Corn Fund
From GIMA Press Release, 11th September 2017
bio-bean scoops the 2017 GIMA Innovators’ Seed Corn Fund
A proven vehicle for celebrating grass roots development and true innovation, the Garden Industry Manufacturer’s Association (GIMA) Innovators’ Seed Corn Fund has already contributed to helping three brands crack the garden retail market both here and across the globe. This year, another company is set to benefit from the excellent prize package. Introducing the 2017 winners – bio-bean.
A clean technology company, bio-bean has industrialised the process of recycling spent coffee grounds into advanced biofuels and biochemicals. It was the company’s Coffee Logs that captured the attention of the judges thanks to its simplicity and environmentally friendly nature. Beating off stiff competition, bio-bean – as GISCF winners – will receive support up to the value of £6,000 to help with development and marketing costs associated with entering the UK garden retail market, including a year’s full GIMA membership, and a wide range of business support tools.
Coffee Logs are quite simply, a fuel for stoves, wood burners and chimeneas. The difference comes from the fact that the logs are each made from 25 cups of spent coffee grounds. These compressed coffee grounds produce more heat and burn longer than wood, making them not just cost efficient but help to lower emissions and reduce waste.
GIMA Director, Vicky Nuttall said: “We’re incredibly pleased to confirm that bio-bean is the 2017 winner of the GIMA Innovators’ Seed Corn Fund. The company, its processes and resulting product are not just innovative, but they are also changing the way we think about traditional heating methods, and how recycling of an everyday bi-product can reduce waste and lower our environmental impact. bio-bean are certainly opening a wide conversation about waste and how it can be reinvented. We’re so pleased to be helping them reach a wider audience.”
As the winner, bio-bean is now set to receive funding and help with the development and marketing of their product, together with support from experts within the industry.
In addition to choosing a winner, the panel also selected two highly commended companies. Those just missing out on the highly coveted title were Screen with Envy and SmartPlant.
The Garden Industry Manufacturer’s Association (GIMA) is a membership organisation representing the majority share of suppliers and manufacturers operating within the UK gardening industry. Formed in 1999, its goal is to promote the commercial, trading and industrial interests of UK and EU based companies supplying the UK garden industry. Run by a small team of dedicated professionals, and governed by a council of members, GIMA is funded by membership subscriptions and services. The range of services and support provided for members is extensive, offering something for all members, regardless of their size or heritage