37448
ECOSOL
Biodegradable cutlery
India, Karnataka
Market:
Food industry
Stage of the project:
Prototype or product is ready
Date of last change:
02.04.2019
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Idea
Made with areca leafs. Helps in environmental development
Current Status
In the making.
Samples and design are ready.
Market
It's a new market.
A lot of manufacturers hasn't reached a global level.
Therefore this is a great opportunity.
Problem or Opportunity
production cost and labour cost.
Solution (product or service)
Expansion nationally and globally.
Competitors
No many.
Advantages or differentiators
New in market.
Has a very huge scope as it is well recognized globally.
Finance
Low income family and haven't had any backing from any.
So trying to do this all by myself.
Business model
So basically the world is morning towards sustainable resources which do not cause much harm to the environment.
Money will be spent on
Production
Labour.
Machinary
Offer for investor
30% of profit from sales.
Until the invested amount is payed back.
Team or Management
Kaif ur Rahman
Owner
Risks
Personal time management.
Incubation/Acceleration programs accomplishment
We already supply to few food chains and restaurants on a weekly basis.
Won the competition and other awards
No awards out yet.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation
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