Kiwi clean-tech outfit Carbonscape is heading to the final of an international green technology competition with a chance of winning close to $800,000, which its says would be spent taking its business plan to market.
The Blenheim-based company, which has developed a process for turning sawmill waste into valuable materials including graphite and activated carbon, has already won more than $150,000 by becoming one of three finalists in the Postcode Lottery Green Challenge.
The challenge is billed as "a worldwide competition for sustainable and innovative ideas".
Carbonscape directors Nick Gerritsen and Tim Langley will now travel to New York, where the competition's grand final is being held.
If the company takes the top prize, its winnings will total more than $780,000.