Awards: What awards or honors has the project received?
This project was initiated within the Social Entrepreneurship course for Copenhagen Business School. The business plan was one of ten finalists in that competition.
It was later judged to be one of the three winning plans and was awarded a small cash prize to encourage the continuation of the project.
Where have you learnt about the competition?
Knowledge of the competition came from one of the other participants in the CBS course who's project was not eligible but thought mine would be ideally placed for consideration.
Tell us about your partnerships:
Our project centres around the placement of low-cost, low-technology recycling equipment into families or community groups in communities who are underserviced by recycling services. Our machines and support give our customer partners the opportunity to take a raw material with negative value in the environment and create value and income while achieving secondary social impact for the community.We'll also build machines using local manufacturers
Challenges: What challenges might hinder the success of your project and how do you plan to overcome them?
We see the major issues to be;
A) ensuring we can build the machines and deliver them at a price that is affordable for your partners. We have designed the machines with this in mind and feel confident this can be acheived.
B) need to form relationships with distribution channels to ensure placement of the output products of the machines. Part of our model includes making sure our customers products find their way to market delivering for them reasonable profits.
C) establish relationships with the scavenger 'lords' who control the tips.