Finance ready plan: Recycling plastic and biomass into biofuel and organic chemicalsFollow @MadeItInAfrica
Every week, BiD Network highlights three finance ready plans. These top businesses have been subjected to the rigorous selection, coaching and matchmaking processes of BiD Network. They are ready for investment to expand their operations. With feasible business plans, a solid management team and real growth potential – finance ready plans deserve the attention of committed investors.
Polymer Energy Company (PECOL) is a start-up manufacturing enterprise incorporated in Kenya that aims to utilise renewable energy resources in a safe and sustainable way. The company‘s innovative model consists of using plastic and tire biomass recovered from municipal solid wastes as raw materials in the manufacture of liquid biofuel and organic chemicals. PECOL‘s strategy is to establish itself as the leading waste-to-energy business in the entire Horn of Africa region through innovative product development and rapid acquisition of the targeted market share. Read more.
Finance needed: $500,000 – $1,000,000
About BiD Network
BiD Network contributes to sustainable economic growth by stimulating entrepreneurship in emerging markets. With over 46,000 members and 10,000 business plans, bidnetwork.org is the world’s largest online community for emerging market SMEs, coaches and investors. Since 2005, BiD Network has launched 670 businesses, created more than 4700 direct jobs, and mobilised $15 million from investors. In November 2010, BiD Network was chosen by a G-20 jury as one of the 14 most innovative SME Finance organisations in the world.
To see more companies looking for investment in Africa, visit Finance Ready Plans.