Photo - ECOSOL
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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

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