Recycline Wins $100K in Forbes Contest
The manufacturer of consumer products made from recycled materials beat nearly 1,000 small businesses for the $100,000 grand prize.
The maker of consumer products made from recycled content won Forbes.com's "Boost Your Business" contest and its $100,000 grand prize.
Recycline Inc. persevered over nearly 1,000 other small businesses to win the contest, which was judged by Forbes editors, readers and business experts. Applicants had to submit 500-word descriptions detailing the company mission and plans for investment and expansion.
The field was whittled to five finalists who had to deliver a presentation to the judge's panel and win a general vote from readers.
Recycline, based in Waltham, Mass., makes a range of consumer products, such as toothbrushes, razors and tableware from recycled and environmentally-preferred materials. Its Preserve brand line is currently sold at retailers, such as Whole Foods, Trader Joe's and Wal-Mart. The company encourages consumers to send their products back for recycling.
The company saw double-digit growth in sales in 2006, the first year it operated profitably. The first nine months of the year, the company’s net revenue increase by 32 percent.
Recycline plans to use the $100,000 grand prize on a marketing effort to reach new consumers, which will launch in April at the same time as its roll-out at Target and Earth Day.
Recycline Inc. persevered over nearly 1,000 other small businesses to win the contest, which was judged by Forbes editors, readers and business experts. Applicants had to submit 500-word descriptions detailing the company mission and plans for investment and expansion.
The field was whittled to five finalists who had to deliver a presentation to the judge's panel and win a general vote from readers.
Recycline, based in Waltham, Mass., makes a range of consumer products, such as toothbrushes, razors and tableware from recycled and environmentally-preferred materials. Its Preserve brand line is currently sold at retailers, such as Whole Foods, Trader Joe's and Wal-Mart. The company encourages consumers to send their products back for recycling.
The company saw double-digit growth in sales in 2006, the first year it operated profitably. The first nine months of the year, the company’s net revenue increase by 32 percent.
Recycline plans to use the $100,000 grand prize on a marketing effort to reach new consumers, which will launch in April at the same time as its roll-out at Target and Earth Day.
