Just to give you some background on Recycling Incubator...
It started with a scheme to get the Victorian Government (sustainability Victoria) to fund with RMIT Industrial Design over 5 years the development of design focused recycling businesses - I applied for a grant and didn't get it.
The economic modelling of it made lots of sense - if you supported a small business (students) with overheads (office, phone, computer etc) and gave a $25K grant per year - to five start up businesses who deal in waste materials - you could be fairly certain that within a two year period at least two businesses would survive and would be turning over around $150k pa. If you gave this grant to 5 new businesses every year for 5 years (a little over 3 million) - a further 4.5 million would be bought back into the victorian economy at the most conservative estimate - and a very large amount of waste would be intercepted and put back into the system before it got to landfill - so this is sustainability form a completely commercial angle - and it makes for very good business.
So here we are now with simone - and your ideas.
Friday, March 02, 2007
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