PACKINGLABS

The idea incorporates the banana fibers, sisal fibers and waste papers to make papers hence saving trees and ensures clean environment.
  • Sector Environment
  • Country Kenya
  • Founding date December 2019
  • Stage Prototype
The idea is all about minimizing the pollution as a result of solid waste. Most of the solid waste comprises of papers as it's a necessity in every organisation. Therefore there is need to add value to the waste. Moreover, trees will also be saved as most papers are made from tree fibres.

General

Sector
Environment
Category
Consumer
Product usage or interact
Hardware-wearable)

Business

Customer acquisition strategy
By approaching companies who need packaging bags and providing the product at an affordable price. Conducting advertisement and having a good marketing team to communicate with potential customers.
Revenue model
Production revenue model since I ll be manufucturing a product which is paper then sell to customers or organisation.

Market info

Market size
$10,000,000
Competitors
Competitor name
Competitor website

Total early investment
$50,000
Shareholder structure
Owner type
Name
Equity
Wanjiku
Founder
% 100
Investment round
Angel Investment
Investment amount
$50,000
Equity on offer
% 10.0

Team

Evelyn Wanjiku  - Kenya
Total team member
0
Comment
Last update: 13.09.2020