Envopatch Recycling

Envopatch Recycling is a waste management startup that is involved in the fight against plastic Pollution and indiscriminate waste disposal.
  • Sector Environmental
  • Country Nigeria
  • Founding date March 2020
  • Stage Users
The perceived challenge in waste management led to the need for smart and rewarding way of encouraging users to dispose waste appropriately through an easy to use technology-driven automated and incentivized system. It was established that the social behaviour of citizens can be improved by introduc

General

Sector
Environmental
Category
Consumer, Enterprise
Product usage or interact
Mobile/Tablet (Android))

Business

Customer acquisition strategy
We entered into Partnership with hotels, event centers and bottle water production company on a project tagged; 'Operation Recover from source.' this is to recover recyclables from the point where it was generated to prevent it not to end up in landfill or marine environment.
We organise monthly cleanup exercise.
We also use media and social media to create awareness and to encourage everyone to recycle so as to gain the benefits associated with it.
Revenue model
Mark up /product sales revenue model.
In this revenue model we aim at setting up the selling price of our product(pet bottles) by adding profits and overhead charges to its cost price to be sold to manufacturers and other parties.

Market info

Market size
$0
Competitors
Competitor name
Competitor Website
Obitraco plastic
None

Total early investment
$26,000
Shareholder structure
Owner type
Name
Equity
Ezeribe Hope Ndubuisi
Co-Founder
% 70
Lemoha Faithfulness
Co-Founder
% 30
Investment round
Angel Investment
Investment amount
$26,000
Equity on offer
% 0.0

Team

Hope Ezeribe  - Nigeria
Faithfulness Lemoha  - Nigeria
Total team member
10
Comment
Last update: 03.06.2020