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The First and Only Reusable
                     Take-out Container Service



Laura Weiss
GO Box Founder
laura@goboxpdx.com
971-212-9870
www.goboxpdx.com
The Problem…Disposables

              Food carts in downtown Portland use
         ~60,000 disposable containers every month




      Millions of clamshells are used and
      thrown away every day in the U.S.,
   creating tons of highly-processed plastics
     designed to go straight to the landfill

GO Box                                  Think Beyond Plastic - Innovation Competition   2
The Solution… Reusables

    • GO Box provides clean, reusable to-go containers
      as a service to food vendors and their customers, and
      a system for managing the returns.
    • Individuals and businesses subscribe to GO Box to
      reduce waste and guilt!
                                           Total Disposables Avoided
                                 180,000
                                 160,000
                                 140,000
                                 120,000
                                 100,000
                                  80,000
                                  60,000
                                  40,000
                                  20,000
                                       0
                                            2011    2012     2013      2014   2015

                                                   GO Box Containers


GO Box                                      Think Beyond Plastic - Innovation Competition   3
Customers and Revenue

                                                                                   Office and Building
                Vendors                         Subscribers
                                                                                        Managers
     • Food vendors who offer           • Individuals who want to reduce        • Businesses that want to reduce
       take-out                           waste and guilt from take-out           waste and green their
                                          meals                                   organization
     • Over 60 vendors                  • Over 1300 subscribers                 • 14 participating businesses




     • Pay $0.20 for each GO Box used   • Purchase GO Box subscription          • Purchase $75/month Corporate
     • Sell GO Box subscriptions to       for $12/year from a GO Box              Plan
       individuals, earn $2/sale          vendor                                • Includes drop box and
     • Display GO Box point of sale     • Receive a GO Box token                  customized pickup service
       marketing materials and signs      redeemable at participating
                                          vendors
                                                                                              Most
                                                                                            Profitable



GO Box                                                                Think Beyond Plastic - Innovation Competition   4
How the GO Box Service Works

    Individuals:        GO Box:
                        • Picks up used containers
                        • Washes them in a commercial
                          kitchen
                        • Returns them clean to vendors
                        • All by bicycle!




GO Box                     Think Beyond Plastic - Innovation Competition   5
Marketing and Sales Strategy

         Our growth strategy will focus on increasing Corporate Plan sales
              due to high profitability and volume subscriber acquisition.


                            Value Proposition           Marketing Channels                      Costs

     Office and Building   Demonstrate your            • Prospects identified by      • Time - two
     Managers              commitment to                 proximity to vendors,          hours/business to
     (Corporate Plan)      sustainability by helping     interest in green              present offering, answer
                           your employees reduce         initiatives and number of      questions, set up
                           to-go container waste         GO Box subscribers at          agreement (50%
                                                         the company                    conversion rate)

     Vendors               With GO Box, your           • Vendors reached via face     • Time - one
                           customers can get their       to face communication          hour/vendor to pitch
                           meal in a reusable          • Free promo materials to        and get account set up
                           container and you use         display on site                (85% conversion
                           fewer disposables, reduce                                    rate)
                           garbage and lower your                                     • $2 commission per new
                           costs                                                        subscription sold

     Subscribers           Reduce the trash from       • Point of sale marketing at   • Flyer design and
                           your take-out meals           vendors                        printing
                                                       • Word of mouth                • Time - media outreach
                                                       • Social media and earned        (no paid advertising to
                                                         press                          date)




GO Box                                                                Think Beyond Plastic - Innovation Competition   6
Competition

     Status quo (primary competition)
         • Existing disposable containers are easy, free to
           customers and convenient

     People using their own containers
         • Eco-conscious consumers sometimes bring their own
           containers to vendors
         • Officially against health code rules

     Food service providers
         • Some large cafeterias use reusable clamshells to reduce
           waste on site
         • Not available to the general public




GO Box                                       Think Beyond Plastic - Innovation Competition   7
The GO Box Team

         Laura Weiss, Founder and Owner
         After completing her MBA in Sustainable Business, Laura decided
         to combine her passion for sustainability with her nearly 30 years
         of experience in environmental policy and her food service
         industry experience with Aramark to launch GO Box.

         Advisors
         •   Jed Lazar: Owner and Founder, Soupcycle
         •   Franklin Jones: Owner and Founder, B-line Sustainable Urban
             Delivery
         •   Jonathan Poisner: Strategic Consultant
         •   Liz Feldman: Business Advisor, PSU Business Outreach Program
         •   Eliza Michiels: Co-founder, Stockbox Grocers
         •   Amy Hillman: Sales Manager, ECOtality
         •   Jonath Colon, Business Development Coordinator, Hispanic
             Metropolitan Chamber



GO Box                                    Think Beyond Plastic - Innovation Competition   8
Financials
                                  GO Box is currently self funded.
                      Additional capital will be used to fuel growth and scale.

         Go Box Proforma Income Statement Summary
                             2011    2012   2013  2014                       2015
         Total Revenue               14,040    30,868    83,170    187,120    371,600
         Total Operating Expenses       780     6,710    26,490     43,080     58,080      Key Assumptions
         Gross Margin               $13,260   $24,158   $56,680   $144,040   $313,520       • Subscription prices will
         Gross Margin%                 94%       78%       68%        77%        84%
                                                                                              increase y/y
         Total Expenses               8,760     8,220    11,110     14,290     15,280        • Pickup & delivery are the
         EBITDA                      $4,500   $14,340   $45,570   $129,750   $298,240
                                                                                               main drivers of
         Disposables Avoided          6,650    23,350    55,760    102,570    163,780          operational costs
         (Running Total)
                                                                                             • Total Revenue does not
         Revenue Breakdown                                                                     include future licensing
                                    2011      2012      2013      2014       2015              deals
         Vendors                         38        68        78         88         98
         Vendor Revenue              $1,408    $3,292    $6,482    $11,703    $15,303
                                                                                             • Subscriber Revenue
         % of Total Revenue            10%       11%        8%         6%         4%           includes new and
                                                                                               recurring subscriptions
         Subscribers                    835     1,500     2,700      3,900      5,100
         Subscriber Revenue          $6,946   $11,336   $24,198    $46,024    $82,730        • Other Revenue includes
         % of Total Revenue            49%       37%       29%        25%        22%           special events, catering
                                                                                               events and sales of ad
         Corporate Plans                 10        23        47         87        147
         Corporate Revenue           $1,110   $10,027   $43,740   $115,920   $252,900          space on tokens
         % of Total Revenue             8%       32%       53%        62%        68%
         Other Revenue                         $6,213    $8,745    $13,469    $20,671




GO Box                                                                              Think Beyond Plastic - Innovation Competition   9
Sustainability

     Product - GO Box Containers
         •   Durable #5 polypropylene plastic
         •   Can be reused up to 500 times, then
             recycled

     Operations
         •   All printed materials use 100% post-
             consumer recycled, chlorine-free stock
         •   Bamboo drop boxes and liner bags are
             made locally
         •   All pickup and delivery is done by bicycle,
             a carbon-free mode of transportation
         •   Washing is done by partner organizations,
             including a social service group that uses
             GO Box washing as a job training program




GO Box                                             Think Beyond Plastic - Innovation Competition   10
Accelerating Growth

             Since July 2011 launch, GO Box has:
              • Attracted over 1,300 subscribers
                and 60 vendors in downtown Portland
              • Eliminated the use of over 15,000
                disposable containers
              • Won the 2012 City of Portland
                BEST Award for Sustainable Services
              • Featured on NPR, Treehugger, the Portland Tribune
                and over a dozen more media outlets
              • Developed licensing agreement for expansion to
                other cities in response to multiple inquiries

             $50k would be used to:
              • Hire a part-time sales director to increase revenue
                from Corporate Plan and drive new subscriptions
              • Develop a mobile app to manage subscriptions and
                renewals (in place of tokens)
              • Accelerate growth and scale in Portland




GO Box                             Think Beyond Plastic - Innovation Competition   11

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Think beyond plastic slide deck go box

  • 1. The First and Only Reusable Take-out Container Service Laura Weiss GO Box Founder laura@goboxpdx.com 971-212-9870 www.goboxpdx.com
  • 2. The Problem…Disposables Food carts in downtown Portland use ~60,000 disposable containers every month Millions of clamshells are used and thrown away every day in the U.S., creating tons of highly-processed plastics designed to go straight to the landfill GO Box Think Beyond Plastic - Innovation Competition 2
  • 3. The Solution… Reusables • GO Box provides clean, reusable to-go containers as a service to food vendors and their customers, and a system for managing the returns. • Individuals and businesses subscribe to GO Box to reduce waste and guilt! Total Disposables Avoided 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 0 2011 2012 2013 2014 2015 GO Box Containers GO Box Think Beyond Plastic - Innovation Competition 3
  • 4. Customers and Revenue Office and Building Vendors Subscribers Managers • Food vendors who offer • Individuals who want to reduce • Businesses that want to reduce take-out waste and guilt from take-out waste and green their meals organization • Over 60 vendors • Over 1300 subscribers • 14 participating businesses • Pay $0.20 for each GO Box used • Purchase GO Box subscription • Purchase $75/month Corporate • Sell GO Box subscriptions to for $12/year from a GO Box Plan individuals, earn $2/sale vendor • Includes drop box and • Display GO Box point of sale • Receive a GO Box token customized pickup service marketing materials and signs redeemable at participating vendors Most Profitable GO Box Think Beyond Plastic - Innovation Competition 4
  • 5. How the GO Box Service Works Individuals: GO Box: • Picks up used containers • Washes them in a commercial kitchen • Returns them clean to vendors • All by bicycle! GO Box Think Beyond Plastic - Innovation Competition 5
  • 6. Marketing and Sales Strategy Our growth strategy will focus on increasing Corporate Plan sales due to high profitability and volume subscriber acquisition. Value Proposition Marketing Channels Costs Office and Building Demonstrate your • Prospects identified by • Time - two Managers commitment to proximity to vendors, hours/business to (Corporate Plan) sustainability by helping interest in green present offering, answer your employees reduce initiatives and number of questions, set up to-go container waste GO Box subscribers at agreement (50% the company conversion rate) Vendors With GO Box, your • Vendors reached via face • Time - one customers can get their to face communication hour/vendor to pitch meal in a reusable • Free promo materials to and get account set up container and you use display on site (85% conversion fewer disposables, reduce rate) garbage and lower your • $2 commission per new costs subscription sold Subscribers Reduce the trash from • Point of sale marketing at • Flyer design and your take-out meals vendors printing • Word of mouth • Time - media outreach • Social media and earned (no paid advertising to press date) GO Box Think Beyond Plastic - Innovation Competition 6
  • 7. Competition Status quo (primary competition) • Existing disposable containers are easy, free to customers and convenient People using their own containers • Eco-conscious consumers sometimes bring their own containers to vendors • Officially against health code rules Food service providers • Some large cafeterias use reusable clamshells to reduce waste on site • Not available to the general public GO Box Think Beyond Plastic - Innovation Competition 7
  • 8. The GO Box Team Laura Weiss, Founder and Owner After completing her MBA in Sustainable Business, Laura decided to combine her passion for sustainability with her nearly 30 years of experience in environmental policy and her food service industry experience with Aramark to launch GO Box. Advisors • Jed Lazar: Owner and Founder, Soupcycle • Franklin Jones: Owner and Founder, B-line Sustainable Urban Delivery • Jonathan Poisner: Strategic Consultant • Liz Feldman: Business Advisor, PSU Business Outreach Program • Eliza Michiels: Co-founder, Stockbox Grocers • Amy Hillman: Sales Manager, ECOtality • Jonath Colon, Business Development Coordinator, Hispanic Metropolitan Chamber GO Box Think Beyond Plastic - Innovation Competition 8
  • 9. Financials GO Box is currently self funded. Additional capital will be used to fuel growth and scale. Go Box Proforma Income Statement Summary 2011 2012 2013 2014 2015 Total Revenue 14,040 30,868 83,170 187,120 371,600 Total Operating Expenses 780 6,710 26,490 43,080 58,080 Key Assumptions Gross Margin $13,260 $24,158 $56,680 $144,040 $313,520 • Subscription prices will Gross Margin% 94% 78% 68% 77% 84% increase y/y Total Expenses 8,760 8,220 11,110 14,290 15,280 • Pickup & delivery are the EBITDA $4,500 $14,340 $45,570 $129,750 $298,240 main drivers of Disposables Avoided 6,650 23,350 55,760 102,570 163,780 operational costs (Running Total) • Total Revenue does not Revenue Breakdown include future licensing 2011 2012 2013 2014 2015 deals Vendors 38 68 78 88 98 Vendor Revenue $1,408 $3,292 $6,482 $11,703 $15,303 • Subscriber Revenue % of Total Revenue 10% 11% 8% 6% 4% includes new and recurring subscriptions Subscribers 835 1,500 2,700 3,900 5,100 Subscriber Revenue $6,946 $11,336 $24,198 $46,024 $82,730 • Other Revenue includes % of Total Revenue 49% 37% 29% 25% 22% special events, catering events and sales of ad Corporate Plans 10 23 47 87 147 Corporate Revenue $1,110 $10,027 $43,740 $115,920 $252,900 space on tokens % of Total Revenue 8% 32% 53% 62% 68% Other Revenue $6,213 $8,745 $13,469 $20,671 GO Box Think Beyond Plastic - Innovation Competition 9
  • 10. Sustainability Product - GO Box Containers • Durable #5 polypropylene plastic • Can be reused up to 500 times, then recycled Operations • All printed materials use 100% post- consumer recycled, chlorine-free stock • Bamboo drop boxes and liner bags are made locally • All pickup and delivery is done by bicycle, a carbon-free mode of transportation • Washing is done by partner organizations, including a social service group that uses GO Box washing as a job training program GO Box Think Beyond Plastic - Innovation Competition 10
  • 11. Accelerating Growth Since July 2011 launch, GO Box has: • Attracted over 1,300 subscribers and 60 vendors in downtown Portland • Eliminated the use of over 15,000 disposable containers • Won the 2012 City of Portland BEST Award for Sustainable Services • Featured on NPR, Treehugger, the Portland Tribune and over a dozen more media outlets • Developed licensing agreement for expansion to other cities in response to multiple inquiries $50k would be used to: • Hire a part-time sales director to increase revenue from Corporate Plan and drive new subscriptions • Develop a mobile app to manage subscriptions and renewals (in place of tokens) • Accelerate growth and scale in Portland GO Box Think Beyond Plastic - Innovation Competition 11

Editor's Notes

  1. Slide 2
What specific problem are you tackling? We know you’re helping solve plastic pollution, but which part of it, specifically? Persuasively describe what you’re targeting.
  2. Slide 3
How does your product solve the problem you described? Explain your value proposition and how your impact will be measurable. For this slide, focus on being persuasive, rather than technical.
  3. Slide 4
How does your company make money? Who are your customers and how do they find your product?Subscriber photo by Heather ZingerVendor photo by Alexandra Shyshkina
  4. Slide 5
Tell us about your technology. How does it work, and what resources does it require? Diagrams may be more helpful than text here.
  5. Slide 6
What is your marketing and sales strategy? Describe how you will reach your target audience and customers. What channels will you use, and what are the approximate costs?Top text (v5): Our growth strategy will focus on Corporate Program sales due to their high profitability and subscribers acquisition. Growth in this area will drive word-of-mouth subscriptions.
  6. Slide 8
Who’s on your team? What experience do they bring? Describe your management and, if applicable, board of directors, advisors and investors.
  7. Slide 9
Financials: What is your projected revenue three and five years out? How many customers do you expect to have then, and at what conversion rate? What startup capital do you need? Have you raised any money through friends, family or angels? How long will that money will last, and when will you need to raise your next round? Financial forecasts are, by nature, guesses, but we need to see your thinking behind them.
  8. Slide 10
Sustainability: Explain how your company is ecologically sound. What action are you taking to build sustainability into both the production of your product and operations of your company?
  9. Slide 11
What is your current status? Any accomplishments to date you’d like to mention? What’s on your timeline for the near future? If you win the $50,000 First Prize, how will you use the investment?Could add links to news stories here