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S OLUTION C HALLENGE Current waste management services are expensive yet ineffective - often neglecting to collect 40% of the waste. A typical municipality.

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Presentation on theme: "S OLUTION C HALLENGE Current waste management services are expensive yet ineffective - often neglecting to collect 40% of the waste. A typical municipality."— Presentation transcript:

1 S OLUTION C HALLENGE Current waste management services are expensive yet ineffective - often neglecting to collect 40% of the waste. A typical municipality spends 10-20% of their budget on solid waste services. Despite this high cost, a typical household will never have doorstep collection provided the municipality. Waste Ventures’ franchises offer a daily and guaranteed reliable pick-up service which also processes the waste for sustainability of the local environment. Building the market of environmental and inclusive waste micro-franchises Despite GHG emissions and ground water contamination from dumped waste, there is little incentive for solid ‘collect-and-dump’ waste contractors to environmentally process the waste due to receiving payment based on volume dumped. Though waste pickers sort through roadside and landfill garbage to find and resell recyclable scrap, they forfeit their living and working conditions to do so - all to earn less than $2 a day. Instead, India holds $XX million in potential revenues from collecting door-to-door and processing waste. We catalyze a franchise system in which waste pickers collect waste from households for a fee, and sell the segregated organics and recyclables to Waste Ventures’ processing center. The recyclables are chipped and sold as raw material substitutes. Organic waste is processed into compost and/or biomass briquettes (dependent on market conditions), which is sold locally. Both processes offset emissions which can be monetized as carbon credits. We face the challenge of entering a recyclables market dominated by scrap dealer middle-men and informal waste management service providers. To do so, we incorporate them into our solution, encouraging Waste Ventures’ franchises established by scrap dealers and other informal sector players. Economic advantages to franchisees drives rapid adoption and scalability. Waste Ventures offers comprehensive waste management services to its customers: buckets for recyclables and organics, daily door-to-door collection, mitigation of GHGs and contamination of water sources, and an extended landfill life. Revenues are derived from sale of compost / biomass briquettes and recyclable pellets. Since we purchase only segregated waste from franchisees, we ensure a clean supply for high quality outputs. Waste Ventures was conceptualized in 2009, with the help of field learnings gathered by business school students from Harvard and Wharton. Leading waste organizations – Waste Concern in Dhaka and Ciudad Saludable in Lima – fed into the blueprint which will be disseminated to our micro-franchises. Since August 2010, two proofs of concept were conducted in the states of Jharkhand and Maharashtra, India. We are now poised to launch the growth stage of 5 franchises in the next 12 months, in order to reach a critical mass of adopters by 2015. Funding Sought: Total sought: $X.X million Expansion: Five initial projects requiring $XX,XXX per project (year 1) Growth: $XXXk for in years 2-5 Use of Funds: Expansion: Operations refinement, hiring of country director for India, five sites by 2013 (year 2) Growth: XXX sites by 2016 (year 5) Financials: Cumulative revenue: $XX m for 4 yrs. Cash flow positive in year X Team: Waste Ventures’ team has over 40 years of collective experience across solid waste management, social enterprise, management consulting, entrepreneurship, and international development. The founder, Parag Gupta, was previously with the Schwab Foundation / WEF, Technoserve, and Bridgespan. He holds degrees from U. Chicago and Harvard. Our team also includes the founder of an Indian social enterprise and the imminent expert on waste in India. Board & Advisors Geoff Davis, Former CEO, Unitus: MFI accelerator to achieve commercial viability Harish Hande, Founder, Selco: Provides BoP sustainable energy solutions Pamela Hartigan, Director, Skoll Centre for Social Entrepreneurship, Oxford Waste Concern, the first implementer of a compost-based CDM project Vikram Akula, Founder, SKS Micro- finance; Largest Indian MFI, recent IPO Yr 1Yr 2Yr 3Yr 4 $XXk $XXXk Waste Ventures creates commercially competitive garbage micro-franchises owned and operated by waste pickers to regularly collect and process waste into saleable materials, simultaneously avoiding GHGs V ALUE P ROPOSITION I NTERVENTION C OMPETITION : B USINESS M ODEL : M ILESTONES

2 Building the market of environmental and inclusive waste micro-franchises Impact: Waste Ventures builds the commercial market to expand the social/ environmental impact of solid waste management. The model is designed for global adaptability. Recognition: Waste Ventures is supported by the Peery Foundation, was an Echoing Green finalist in 2010 and was awarded 1 st place in the Myoo Beat Waste Start Up Challenge. We have also been featured on CNBC. MetricOutcomesCaused byMeasured by Waste Picker Livelihood Increase livelihood from $1.5 to $4.5 a day Higher profit margin Better recycle margin New revenue streams Monthly wage paid Passbook savings Waste Picker Health 25% increase life expectancy Use of protective gear Sick days taken (with follow-up) Insurance claims on policy Waste Picker Dignity Reduce persecution by authorities by 100% Formal govt. contract Use of uniform and ID Reported persecution incidences Children’s school attendance Municipal Sanitation Increase landfill life by 3x Compost 50% of waste Recycle 15% of waste Weight of waste recycled, composted, and landfilled Greenhouse Gases Reduce global GHGs by 1.5% Composting waste instead of it rotting Carbon credits measured and monetized Sector Shift Waste Ventures blueprint adoption by other players Undercut competition with higher profit margin method No. of city contractors utilizing Waste Ventures blueprint Investor Return Create commercial interest in sector Hone blueprint model and assistance to reach 40% IRR Creation of a sector worth $135 billion


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