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Re new 1 Presentation Transcript

  • 1. Case Study renew trash compactorEntrepreneurship and sustainable design for social change
  • 2. renewIntroduction: The Problem- India generates more than 136,000 tons of waste per day- Throwing out possible form of revenue-- Generating costly waste- Little education on the benefit of recycling
  • 3. renewTarget VillagePadli Gujjar
  • 4. renewTarget VillagePadli Gujjar
  • 5. renewIntroduction: What is it? Renew •Sustainable Waste •Economical Compactor Service •Social Benefit
  • 6. renewIntroduction: What is it?- Renew Waste Compactor Service- A team with students from University of Cincinnati & IIT RoorkeeObjective :- To provide an efficient and profitable way to collect accumulated waste in the Indian communities, and- To provide income to community members.
  • 7. renewWaste ProfilePlastic bottle – 15%Polythene carry bag – 30%Torn old clothes – 10%Wrappers – 10%Animal waste – 5%Papers – 5%Plants/rotten food – 15%Used commodities – 10%
  • 8. renewThe Industry- The issue of waste management- Current System: - Municipal Corporation - Ragpickers
  • 9. renewValue PropositionWASTE = INCOME- For household- For service employeesEnsuring a safer, cleaner community- No ragpickers- Generate revenue from recyclables at the household
  • 10. renewBusiness Description: Compactor• Has two compartments to store biodegradable/recyclable waste separately• Compactor allows wastes to be stored efficiently and securely for a full week• More waste can be transported at once if compacted
  • 11. renewBusiness Description: Service• Employed community members will collect household waste weekly • 100 households/person• Drivers will transport waste to recycling plant (two hours away) and composting site• Composting managed by site overseer sold as manure overseer,
  • 12. renewBusiness Plan: Waste & Cash Flow Money to: Ends with:Starts with:Compactors are purchased by collectors Collector takes waste from households Collector hands waste off to driver Driver transports to recycling plant or composting site Compost coordinator oversees waste, sells manure
  • 13. renewBusiness Description: Employment• 26 waste collectors• 2 drivers• 1 compost coordinator
  • 14. renewBusiness Description: Ownership• Collectors purchase container/compactors • Can be assisted with microloans if necessary• Drivers provide truck and pay for own fuel• Compost coordinator provides tools for work
  • 15. renewThe Competition:- Who: - Ragpickers - Municipal Corporation- How will we compete and succeed - More effective service: faster and safer - Add value through additional income - Provide education to promote the product/service
  • 16. renewMarket Exploration• Educates the people of Padli Gujar about waste• Creates new jobs• Brings the community together through a greater cause• Results in a safer and cleaner environment• Sustained income and great opportunity for expansion while maintaining low operating costs
  • 17. renewMarketing Plan First Six Months Second Six Months Year Two Year Three
  • 18. renewRisks and Assumptions• Replication of product or service• Lack of community interest• Lack of biodegradable/recyclable waste • Supply or demand
  • 19. renewQuestions?Akhil Jain, MBA Mark Schutte, Civil EngineeringAnkur Kukal, MBA Morgen Schroeder, Civil EngineeringLavlesh Shukla, Civil Engineering Carmen Osterman, Fine ArtsAnkush Agrawal, Industrial Engineering Autumn Utley, Marketing and International BusinessProfessorsRatee Apana, UC MentorsRajan Kamath, UC Shawn Hanson, Microsoft