Semester: Summer-22
Name : Nazmul Hossain Nirob
ID : 0242220004111007
Mobile No: 01716944874
Business Idea Name : Wastech
Business stage : Early Stage
Description your Business : "Crafting an effective solution of waste management through craft and technology.
Bangladesh has been listed as 137th in rank between 140 countries all over the world in Global
Livability Ranking 2017.Everyday almost 4500 tons of waste are reproduced only in Dhaka but
the total waste collection rate is only 37%. When waste is not properly collected, it will be
illegally disposed of and this will pose serious environmental and health hazards to the
Bangladeshi people.
Based on the present total urban population, per capita waste generation rate is found at 0.41
kg/capita/day in the urban area of Bangladesh. Existing infrastructure for waste management
showed that waste collection efficiency in different urban areas varies from 37% to 77% with an
average of 55%.
And our main target customers will be those who are interested in generating cash from waste,
think about the environment and love crafted products.
We have an app base solution to create a marketplace named as ‘Wastech” where we customize
your waste into your desired products and help to buy or sell them at preferable range.
Customers can create their own shop or business from our website."
Explain the Problem which your Idea solving :
Unique Selling Point : Incentivized Recycling: WASTECH offers incentives to users for proper trash disposal. For example, users can receive discounts on transportation by recycling, thus motivating them to participate in recycling efforts. Diversified Recycling Platform: While there are competitors in the waste management industry, WASTECH distinguishes itself by providing a diversified recycling platform. Most competitors offer standard products, but WASTECH focuses on unique, customized products.
Target Market/Audience : The target market for this startup, WASTECH, in Bangladesh can be divided into two primary segments: B2C (Business to Consumer) Segment: Nature and Environment Lovers: Individuals who are passionate about environmental conservation and are interested in eco-friendly practices. Households: Families and individuals who are open to using recycled products and craft items in their daily lives. B2B (Business to Business) Segment: Environmentally Concerned Businesses: Garments, restaurants, cafes, clubs, factories, and other businesses that generate waste and are environmentally conscious. They can partner with WASTECH for waste management solutions.
Business Website (If available) :
www.wastech.bd.comLegal Structure : Non Registered
Google Site Link:
www.hossainnirob.comModify message
