Singapore's Marina Bay. Photo courtesy Wikipedia Commons.
This challenge is based in Singapore. Photo courtesy Wikipedia Commons.

Just found this announcement as an ad on a story I clicked on in Eco-Business, an Asian environmental newsletter that often has cool and unusual stories. If you have a project needing funding in urban food production, circular packaging, or decarbonization that could work in an urban tropical area like Singapore, get thee over to The Livability Challenge page. RIGHT NOW.

Finalists in The Liveability Challenge 2020 could secure the following:

• Up to S$1 million in funding by Temasek Foundation•
• 1-year venture building package at The Circularity Studio •
• A mentorship with Closed Loop Partners •
• A spot in TXG Sustainability Business Accelerator Program •
• and more to be unveiled •

I have not vetted and have no more information other than what’s on that page. But if you enter and get selected, I’d love to know that you heard about it from me. In fact, if you have a cool idea like that and have no interest in the contest or aren’t chosen, please share it. If I like your idea, I’ll give you a brief marketing consultation, no charge. And I might ask if I can feature you in an article or blog post. Of course, I won’t disclose your idea to anyone without your written permission.

Facebooktwitterpinterestlinkedinmail

Okay, we all know the usual places to put money are performing pretty badly right now. But get this: the Empire State Building is embarking on a massive energy retrofit that will return nearly 28 percent a year! The project will cost $13.2 million, not exactly chump change–but will slash energy consumption by 35 to 40 percent, and save $3.8 million a year (considerably more, if energy costs spike back up again). After the third year, that’s nearly $4 million going directly to the bottom line. If the improvements have even a 20-year lifespan, that $13.2 million investment would return $176 million, and that’s with stable energy prices. The number is much, much higher if you factor in average energy cost increases of 5 percent a year. (I’m not going to do the math here, because I don’t know all the factors we’d need to compute–but it’s sure to be at least $200 million, maybe much more).

Too bad we can’t put our Roth IRAs into renewable-energy retrofits .

Meanwhile, we can all learn from the creative thinking at Rocky Mountain Institute, which is doing the heavy lifting on this project–for example, remanufacturing the windows on-site to reduce trucking costs in fuel and money. For years, RMI has been generating this kind of holistic, big-picture energy planning that saves many times the cost, and quickly. I profile RMI founder Amory Lovins in my award-winning sixth book, Principled Profit: Marketing That Puts People First.

Facebooktwitterpinterestlinkedinmail