For nearly 70 years, the global floral industry has used oil-based, toxic foam bricks to hold flower arrangements in place.
A Twin Cities company is commercializing material developed at the University of Minnesota to bring to market a new, compostable and nontoxic foam brick that — when available next year — could receive significant demand within a $10 billion floral industry.
The product's potential and its impact on the environment won over judges of the annual MN Cup, a statewide innovation competition run by the University of Minnesota, which awarded BKB Floral Foam the contest's grand prize of $50,000.
Floral foam has been shunned by environmentally-conscious consumers, including King Charles III, who custom ordered the foam-free floral wreath laid upon the casket of his mother, Queen Elizabeth II, for her state funeral held Monday.
Now in its 18th year, MN Cup is the state's largest innovation competition. Nearly 2,600 companies entered the contest this year, making it the largest applicant pool ever.
In addition to the grand prize, BKB Floral Foam, a business registered in St. Paul, was awarded $25,000 for winning the energy, clean tech and water division of the competition. The company also received the $10,000 Minnesota Pollution Control Agency's Green and Sustainable Chemistry Prize, which goes to a business with the best green and sustainable chemistry-based outcomes.
BKB company leaders Dundee and Ian Butcher said the prize money will be used on staffing, equipment and producing its foam brick, called Plae Foam. The foam brick, which is made from corn and can hold water for up to seven days, would be sold to distributors and floral companies that would sell it wholesale.
Over the next several years, the Butchers aim to raise at least $4 million to build a production facility in Minnesota and potentially in Europe.