Friday, December 14, 2007

Eco-Friendly Recycline Wins $100,000 Grand Prize in Forbes.com’s 'Boost Your Business' Contest for Entrepreneurs

GoodBiz113 profilee Recycline Inc. ["Recycline-Stonyfield Partnership Milks Resources to Benefit the Environment, Consumers and Each Other"], an eco-friendly consumer-products company, is the grand prize winner of the Forbes.com "Boost Your Business" contest. Recycline received the award – a grand prize of $100,000 – during a reception at The Forbes Galleries in New York City on Wednesday, Dec. 12, 2007.

Recycline, based in Waltham, Mass., makes a range of consumer products, such as toothbrushes, razors, tableware and kitchenware from recycled and environmentally preferred materials that are also recyclable. Its Preserve® brand line is currently sold at retailers, such as Whole Foods Market, Trader Joe's and Wal-Mart. The company encourages consumers to send their toothbrushes and razors back for recycling.

"This was a fantastic experience, and we greatly enjoyed getting to know the four other finalists," said Eric Hudson, Recycline's founder and president. "We’re grateful for the award and the support that our stakeholders and the Forbes.com community showed.

"We plan to use this award to forward our mission to satisfy people’s everyday needs with high-quality, stylish, and environmentally responsible products with our Preserve® brand line of personal-care products, tableware, and kitchenware. Recycline’s win is a testament to the growing tide of interest in products and services that respect and preserve the Earth’s precious resources."

Recycline Inc. persevered over nearly 1,000 other small businesses to win the contest, which was judged by Forbes editors, readers and business experts. Recycline was among the nearly 1,000 entrepreneurs from across the country that entered the contest when it launched in March 2007.

In the first phase of the contest, co-sponsored by HP, small-business owners submitted 500-word business plans; 20 semifinalists survived. In round two, Forbes.com users had the opportunity to review these plans and vote for their top five.

The five finalists who made it to the final stage were flown to New York City in October to give live presentations to an expert panel of judges. Their videotaped presentations were posted on Forbes.com for further reader voting. The runners-up are:
* H2bid.com [Detroit, Mich.] – Glenn Oliver
* Presidential Classroom [Alexandria, Va.] – Elizabeth Sherman
* Simply Divine Brownies, LLC [Brunswick, Maine] – Trina Beaulier
* Unicycle.com [Marietta, Ga.] – John Drummond

"All the finalists deserve a big round of applause,” said Brett Nelson, Forbes.com entrepreneurs editor. “This contest was downright grueling – especially, the final round. We wish all of them continued success, and look forward to next year's 'Boost Your Business' contest.”

SOURCES: Forbes.com, Recycline Inc.
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