NextCycle Colorado to Showcase Nine Business Ideas to Improve Recycling in Colorado

BOULDER – NextCycle Colorado, a program designed to boost manufacturing solutions for recycled or recovered content in Colorado, will host a pitch competition on Wednesday, June 22, 2022 from 5:00 to 8:00 p.m. at eTown Hall in Boulder, Colorado. During the competition, businesses seeking to connect with private investors will pitch innovative ideas from diverting plastic waste into new raw materials, to creative uses of compost and scrap tires. 

The competition is the culmination of NextCycle Colorado programming, which pursues creative ideas to improve recycling and composting end markets — businesses that manufacture new products from recycled materials. This year’s event will showcase nine teams that spent the last four months receiving mentorship from industry leaders, subject matter experts, and technical support from Resource Recycling Systems. 

“This is an exciting time for recycling in Colorado, as we’re putting progressive efforts in motion that have the potential to really move the needle and improve recycling rates statewide,” said Jill Hunsaker Ryan, executive director of the Colorado Department of Public Health and Environment. “NextCycle has helped foster important innovations from local businesses, and I look forward to the creative solutions these latest teams bring to Colorado.”

“By investing time and resources into the teams, NextCycle Colorado creates stronger recycling businesses for the state,” said Kendra Appelman-Eastvedt, Recycling Grants Supervisor at CDPHE. “These businesses will create new jobs, products, and services, and most importantly continue the momentum toward our goal of recycling more in Colorado.”

The NextCycle program selects new and expanding businesses and organizations through a competitive application process, and provides value by connecting teams to resources and expertise needed to reach a point where they’re ready to receive investments and implement their ideas. NextCycle teams have been awarded over $1.5 million in Recycling Resources Economic Opportunity program grants from CDPHE since the program’s inception in 2018. 

The teams that will be showcased 2022 pitch competition include: 

“Colorado NextCycle supports businesses and organizations at every level,” said Juri Freeman, Managing Principal at Resource Recycling Systems. “The state has immense entrepreneurial talent, and the Pitch Competition is the opportunity to elevate the teams and take their businesses to the next level.”

Bolstering NextCycle’s efforts is a new law approved earlier this month that will create Colorado’s first Circular Economy Development Center, which aims to empower Colorado businesses to create products using materials that Coloradans recycle. The center will help CDPHE achieve its commitment to increasing how much residents are recycling across the state.

The Colorado NextCycle pitch competition is free and open to the public. Investors, funders, business and community leaders, media, and anyone interested are invited to attend. 

Please visit Colorado NextCycle Pitch Competition for more information, or to register to attend.

For more information on Colorado NextCycle programming, please visit the Colorado NextCycle website or email [email protected].

Funding for Colorado NextCycle is provided through the Recycling Resources Economic Opportunity program. Technical support and program management is provided by Resource Recycling Systems.