NYC Curb-To-Market Challenge
Manufacturing entrepreneur and efficiency enthusiast Chris Graff approached TASC with the goal of creating a competition to identify the best business plan to take recyclable material from New York City and use it to both manufacture and sell a product locally, with the winning company being offered a $500,000 prize. TASC was brought on to develop and manage all of the infrastructure for the campaign, dubbed the NYC Curb-To-Market Challenge (CTMC).
Our strategy included structuring the contest rules, timeline, launch strategy and promotional materials; cultivating and managing partnerships with key stakeholders; building a judging panel; and executing a media outreach and promotional strategy to put the CTMC in front of applicants worldwide. TASC developed relationships with key stakeholders and experts in the circular economy and recycling spaces – including leaders at the NYC Department of Sanitation, NYC Economic Development Corporation, investment firm Closed Loop Partners and sustainability incubator RISN, among others – to seek input on how to best structure the contest and recruit for the CTMC’s judging panel. TASC engaged nearly 50 universities around the country, inviting participation from a critical pool of students, professors and researchers. TASC developed promotional partnerships with leading industry organizations, including the Danish CleanTech Hub, leveraging their Circular City Week as a platform to publicly launch the CTMC, immediately reaching hundreds of thought leaders and experts in the industry. TASC developed a judging panel comprised of government officials, private industry executives and circular economy advocates. TASC also conducted media outreach to entrepreneurship and sustainability-focused publications and social media influencers.
The CTMC’s launch and subsequent winner announcement landed coverage in leading business and all major trade outlets, including Crain’s New York Business, Next City, Waste360, Recycling Today and Resource Recycling, garnering millions of total media impressions and dozens of social media postings reaching hundreds of thousands of followers. TASC’s publicity work generated dozens of submissions from 5 different countries. Six applicant teams were selected for in-person presentations to the judging panel in NYC, of which two were selected as co-winners, each receiving a $250,000 investment. Both companies are actively expanding operations in NYC, and TASC’s work has helped procure access to millions of dollars of additional angel investment, enabling both companies to continue to bring about significant positive environmental impact.