Forbes.com and HP announce that Recycline, an eco-friendly consumer-products company based in Waltham, MA, is the grand prize winner of the “Boost Your Business” contest.

Recycline will receive the award – and grand prize of $100,000 – during a reception at The Forbes Galleries in New York City.

Accepting the award for Recycline, Founder and President Eric Hudson, MBA Class of 1992, said:“This was a fantastic experience, and we greatly enjoyed getting to know the four other finalists. We’re grateful for the award and the support that our stakeholders and the Forbes.com community showed. We plan to use this award to forward our mission to satisfy people’s everyday needs with high-quality, stylish, and environmentally responsible products with our Preserve® brand line of personal care products, tableware, and kitchenware. Recycline’s win is a testament to the growing tide of interest in products and services that respect and preserve the earth’s precious resources.”

Recycline was among the nearly 1,000 entrepreneurs from across the country that entered the contest when it launched in March 2007. In the first phase of the contest, co-sponsored by HP, small business owners submitted 500-word business plans; 20 semi-finalists survived. In round two, Forbes.com users had the opportunity to review these plans and vote for their top five.

The five finalists who made it to the final stage were flown to New York City in October to give live presentations to an expert panel of judges. Their videotaped presentations were posted on Forbes.com for further reader voting.

All finalists, including the winner, will receive HP products. The runners up are:

• H2bid.com (Detroit, MI) – Glenn Oliver

• Presidential Classroom (Alexandria, VA) – Elizabeth Sherman

• Simply Divine Brownies, LLC (Brunswick, ME) – Trina Beaulier

• Unicycle.com (Marietta, GA) – John Drummond

"All the finalists deserve a big round of applause,” said Brett Nelson, Forbes.com Entrepreneurs Editor. “This contest was downright grueling – especially the final round. We wish all of them continued success and look forward to next year's Boost Your Business contest.”

Visit www.forbes.com/entrepreneurs for extensive advice and information to help entrepreneurs run their companies successfully and profitably.

Contact: Debbie Weathers - 212-366-8848 - dweathers@forbes.net

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