National Third prize winner

ISSD NGO

Sustainable reverse vending machine which drives plastic into circularity.

Pitch

The sustainable reverse vending machine a combination of regular press, vending machine, reverse vending machine and special software that creates incentives and engaging processes for people sort their plastic waste. Our solution fights against plastic pollution offering an easy, affordable and entertaining method to sort/recycle plastic waste. Unlike countries like Germany, where you have to pay a deposit for a plastic bottle, it is very difficult to make plastic waste sorting and recycling an affordable business for companies to show some interest in investing.
However, we have targeted those organizations that use plastic bottles in their production as many of them have sent recycling goals within their CSR targets.
People don’t feel the “obligation” to sort or return the bottles, if they don’t have any intensive.
The machine can motivate people to sort plastic waste and learn more about circular economy, by this having their positive impact on protection of our nature.

Quick facts

  • 2019 Participant
    Year of participation
  • Circular Economy
    Theme
  • Armenia
    Country
  • € 20k
    Revenue
  • € 130k
    Investment
  • 8
    Teamsize
  • 80
    Customers

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Team

  • Irina Mkrtchyan (marketing/circular Economy), Mkhitar Avetisyan (environment), David Zargaryan (engineering), Gevorg Guloyan (engineering), Petros Hergnyan (finances)
  • issdng.com

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