Re Sustainability Announces Mega Fund for Best Waste Management and Recycling Ideas; Soon Setup India’s Most Advanced Refinery for E-waste, Li-Ion Battery Recycling
Company reiterates commitment to the Earth this World Environment Day, solicits entries from within India and around the world
Re Sustainability Limited, a KKR-backed company that is Asia’s leading provider of comprehensive environment management services, has announced a mega Innovation Fund for the best waste management, recycling and circular economy ideas that have the potential to bring about transformative change.
With this, the company, on the occasion of World Environment Day, seeks to provide a platform for individuals or organizations who have innovative ideas, technologies, concepts or business models that can create sustainability impact at scale. The initiative seeks entries from around the world across 5 categories within a 30-day window.
Ideas will then be scrutinized and shortlisted by an Innovation Council made up of sustainability thought leaders and business leaders. The selected ideas will receive a financial support up to INR 5 crores and a customized incubation program including 1:1 mentoring, technology validation, go-to-market support, and where relevant, a longer-term partnership opportunity with the company.
- Waste Segregation & Treatment Technologies
- Recycling & Resource Recovery Technologies.
- Social Inclusion & Community Engagement towards Circular Economy.
- Fuels and Energy from Waste.
- New Circular Economy and Decarbonization Business Models.
Following the first round of screening in July, up to 25 shortlisted entries will receive guidance and support from the Company towards second-level submissions and further detailing of the ideas. Up to five finally selected ideas will be taken through a structured “Innovation Funnel” approach, from Proof of Concept/ Pilot Scale onwards, eventually towards full-scale implementation.
Source : indianweb2
