Scott Kennedy and Fergus Moore, the founders of Revive Eco, have been selected to represent Scotland and Northern Ireland in the 2019 Chivas Venture competition, being held in Amsterdam in May 2019.
The global competition will see 20 companies from countries across the globe vying for a share of the $1 million prize fund.
The Chivas Venture, which has previously had the likes of Halle Berry and Will.I.Am as judges, looks for businesses which are driven to create far-reaching social and environmental impact through their business operations.
The competition will run alongside The Next Web conference and will see the 20 companies compete to be crowned the winning idea across May 7, 8 and 9.
The next three weeks of the Chivas Venture sees an online public vote take place, with $100,000 being split across the top 6 companies. Voting closes on April 30 and can be done through the Chivas Venture website.
Revive is a Glasgow-based start-up, founded by Scott Kennedy and Fergus Moore, with the vision of diverting all used coffee grounds away from landfill, and extracting maximum value from this material.
The company collects used coffee grounds from a range of locations across Scotland and processes it to create a range of environmentally-friendly products.
Revive has recently secured £235,000 from Zero Waste Scotland’s Circular Economy Investment Fund to further develop the business.
Scott Kennedy, Revive co-founder, said: “The competition in the regional final was extremely high, and so we were delighted to have been selected to progress. We know the standard of businesses competing in the finals will be hugely impressive, and we are relishing the opportunity of pitching alongside them.
“As an early stage company, it is fantastic to be recognised by an organisation like Chivas Venture and be given the platform to share our story and our vision on a global stage.”