Photo - reCIRCLE
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reCIRCLE

Circular economy for food delivery, gastronomy, canteens

Austria
Market: Telecommunications, Services, Financial services
Stage of the project: Operating business

Date of last change: 14.06.2021
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Idea

The EU aims to rid the oceans of plastic and reduce plastic. reCIRCLE offers reusable packaging as an alternative to single-use packaging for the catering industry and is already successful in Switzerland and Germany.

Current Status

Service is already installed in Switzerland and Germany. Now we want to enter the market in Austria to connect the three countries and to use synergies.

Market

Gastronomy, food delivery, canteens, bakerys, kindergardens, communities.
The competitor Vytal is collecting their products and bringing them fr om one point to another. We at reCIRCLE would like to skip that step and bring customers to use reusable products whenever possible. Therefore there is also an online-shop, wh ere customers can get our produtcs. Till end ov 2021 there will also be a reusable pizza package:
https://www.recircle.ch/rebox#toc461

Problem or Opportunity

Although EU is supporting to avoid plastic, there is the problem, that end consumers sometimes don´t want to use reusable packaging. It also takes 5 times of sales calls, that restaurants decide to use reusable packaging.
But: the goal of the EU is set and singel use packaging will be forebidden in future.
Competitors are Vytal (Germany) or ruCup. But reCIRCLE is the only company which develops and produces their products in Switzerland and has the longest company history (6 years of experience).

Solution (product or service)

The values of generation Z are appreciated by this product: to reuse packaging is helping us to save the environment of the planet and to use resources carefully.
The products always are invented carefully and with consideration for health (BPA-free) and environment:
https://www.recircle.ch/what#toc846

More details are to find here or in the FAQ section:
https://www.recircle.ch/what#toc187

Competitors

Main competitors:
1. Vytal (Germany)
2. reCUP

Advantages or differentiators

6 years of experience
BPA-free material
Own product development and production
Continuous product develompent (e.g. pizza packaging end of 2021)
Strong network already implemented in Switzerland and Germany
App is about to be launched

Finance

Cost Structure:
1. Gastronomy doesn´t spend money on single use packaging anymore but instead is earning money by selling reCIRCLE products
2. Online-shop: selling of products to end consumers
3. Selling of products to communities and companies
4. Fund raising and venture capital

Business model

We want to live sustainability not only in theory, but also in practice.
We are often asked whether reusable is really better than disposable - precisely because reCIRCLE BOXes are always rinsed before use.
The simple answer: Of course!
From 8-16 reuses (depending on the material of the disposable packaging), the reCIRCLE BOX performs better than disposable tableware.

Money will be spent on

Mainly on staff salary (200-380k)
content creation for website /App (25k)
Social Media and PR costs (25k)

Offer for investor

It depends on the interests of the investor and what will be the best way for reCIRCLE Austria. To be discussed.

Team or Management

Risks

Not enough partners supporting the system because it seems not worth the effort.
Not enough PR force to make the system known to everybody.

Incubation/Acceleration programs accomplishment

https://www.recircle.ch/where
Please find the restaurants, which takek part in Switzerland on the website of reCIRCLE Switzerland.

Won the competition and other awards

2021: 3rd place at the IRM.Retail Startup Showcase.
Startup Award for innovative business models, hosted by the Institute of Retail Management at the University of St.Gallen.

2020: Winner of the Prestige Award Switzerland
which recognises small and medium-sized companies that have proven to be the best in their market over the last 12 months.

2020: Winner of the SEF Award
the most prestigious young entrepreneur award in Switzerland, in the production/commercial category. The coveted award honours outstanding entrepreneurial achievements.

2019: Nomination for the Swiss Ethics Award
which helps companies active in the field of ethics, sustainable development or social responsibility to publicise their projects.

2018: Nomination for the Milestone
which recognises successfully implemented innovative projects in Swiss tourism.

2017: Winner of the Business Environment Award
for Swiss companies that combine ecological innovations with economic success.

2015: Winner of the Golden Broom
of the city of Bern, for exemplary commitment to a clean city.

Translated with www.DeepL.com/Translator (free version)

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Photo 1 - Circular economy for food delivery, gastronomy, canteens

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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