Ecoware wins $50,000 Business Growth Grant

Ryan Boyd
Ecoware wins $50,000 Business Growth Grant

Auckland-based eco-packaging company Ecoware have won the 2017 $50,000 Westpac Business Growth Grant.

The company’s co-founders, James Calver & Alex Magaraggia, impressed the judges with their vision and plans for growth, and how they are helping make the world a more sustainable place in the process.

“We’re humbled to win it,” James said in accepting the award.

“Excited for Fiji, and looking forward to investing the $50,000 into the business and hopefully chasing our revenue target in the next 3 years not 5.”

More than just a packaging company

Ecoware develop packaging made from plants, not oil. Its vision is to provide plant-based sustainable food packaging that is superior in quality, at an affordable price.

More than just a packaging company, Ecoware strives to lead the way when it comes to sustainability; that’s why they are New Zealand’s first and only carboNZero certified packaging company.

GG Judges and Winners

Ecoware co-founders James Calver & Alex Magaraggia (centre) with the judges Karen Silk, Mavis Mullins, David O'Connor, Kathryn Wilson, Zac de Silva, and Steven Korner.

Helping Kiwi businesses grow

The Westpac Business Growth Grants was set up in 2015 to help upcoming Kiwi businesses reach their potential by gifting them $40k cash and $10k to spend on advertising.

Applications were open to SMEs that had been operating successfully (with a turnover of anywhere up to $10 million) and have a plan to grow it. Over 400 applications came through, which the judges whittled down to 6, each of whom presented to a panel of industry experts in Auckland on Friday.

All 6 finalists will also attend the Nurture Change business retreat in Fiji in November, featuring speakers Sir Graham Henry, Frances Valintine, Kathryn Wilson, Sir John Kirwan and more.

Check out profiles on all the finalists.

All teams

All the finalists for the 2017 Westpac Business Growth Grant

, , ,