Photo - Green Jute BD
55886

Green Jute BD

Replace the harmful material bags with Eco friendly

Bangladesh
Market: Production
Stage of the project: Prototype or product is ready

Date of last change: 23.02.2022
Go to the owner's profile
2
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
 

Idea

Our main idea is to replace the harmful material bags like polybags with eco friendly materials.We’re the manufacturer and supplier of Eco friendly and reusable Non Woven shopping bag, Jute shopping bag and Cotton tote bags.

Current Status

Ready to start

Problem or Opportunity

Plastic bags,Poly bags has become a big problem in all over the world. Plastic bags are a huge problem. Some 160,000 of them are used every second. That’s five trillion bags a year. And fewer than 3 per cent are recycled. It isn’t surprising that waste plastic bags seem to be everywhere.
Take the sea, for instance. The Great Pacific Garbage Patch is one of five major accumulations of rubbish in the oceans. It’s three times the size of France and it’s mainly composed of plastic – 100,000 tons of it.

Solution (product or service)

Green Jute BD is going to manufacture Eco friendly Reusable Shopping Bags.
We’re the manufacturer and supplier of Eco friendly and reusable Jute shopping bag, Non Woven shopping bag, Cotton tote bags. Our main idea is to replace the harmful material bags like polybags which are using by people in their daily life with eco friendly materials. Using Eco friendly material is new smartness!
Using Reusable shopping bags will save the cost of buying shopping bags and reduce dependence on Plastic or paper shopping bags provided by Shops.

Competitors

No really any big competitor exists for our new business model .

Advantages or differentiators

Green Jute BD is going to manufacture Eco friendly Reusable Shopping Bags.
We’re the manufacturer and supplier of Eco friendly and reusable Jute shopping bag, Non Woven shopping bag, Cotton tote bags. Our main idea is to replace the harmful material bags like polybags which are using by people in their daily life with eco friendly materials. Using Eco friendly material is new smartness!
Using Reusable shopping bags will save the cost of buying shopping bags and reduce dependence on Plastic or paper shopping bags provided by Shops.

Finance

Our targeted market is USA, Europe, Canada and UK. We’re going to sell our Reusable shopping bags to every grocery chain shops, Grocery stores, Brand shops, Restaurants, Wine shops etc.
Grocery stores give away at least 10000 bags in a month. If we make profit only $0.10 per bag it’d be $1000 fr om a single shop each month.
But usually bigger Grocery shops give away a lot of bags. Only from a big Grocery store we can make $10000 per month.
There’ll be at least 20 stores in next 6 months wh ere we’ll be continuously supplying shopping bags and our customers will increase day by day. Within a year our possible revenue will be around $150000 - $ 200000.

Money will be spent on

We are seeking $300,00 in funding

● Deal for investors: 30% equity for at least $300,00
● Company was fully funded by current team
● 100% of equity is owned by the team as of 15th January 2022
● Team is involved on full-time basis in the company
We’re working on this business plan from past 3 years. We’re ready to go just need the first initial cost to kickstart. We believe that we’ll build a fully automatic factory and will be our country’s leading shopping bag manufacturer in 2 years by company’s profit.

Offer for investor

We are seeking $300,00 in funding

● Deal for investors: 30% equity for at least $300,00

Team or Management

Photos

Photo 1 - Replace the harmful material bags with Eco friendly
5,00
1
2
3
4
5
2 voices
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility702
star1
Add to favorites
Delete from favorites
share
close
thumb_up2
Like
Unlike
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