Interested applicants, potential competitors and the public are invited to Circular Economy Night, a free networking and educational event that kicks off the Reverse Pitch Competition. Keynote speakers include TEDx alumni, Dan Phillips, a reuse entrepreneur and CEO of The Phoenix Commotion and Stephen M. Roberts, of the sustainability team at Dell. The event will be held from 6 – 8 p.m. on Nov. 7, 2017 at Atlassian.
”A more circular economy means more economic value stays local through sharing, repairing, repurposing and redesigning existing materials,” said Natalie Betts, Recycling Economic Development Program Manager. “This event will share how the concept of the circular economy matters to us all, whether you are resident, a small business or a large corporation.”
The [Re]Verse Pitch Competition helps turn valuable raw materials that are currently leaving local businesses, nonprofits and institutions as waste into the foundation of new enterprises. Companies that are consistently generating or collecting by-product, surplus or otherwise underutilized materials in Austin, are invited to apply to become [Re]Verse Material Suppliers. Prospective social entrepreneurs are invited to attend the presentations about the free materials (on Jan. 17, 2018) and come up with ways they might put the materials to higher and better use via new innovative businesses.
By participating, organizations will get the chance to have the creative, entrepreneurial minds of the Austin community focus on solving their waste challenges. The best social enterprise ideas created will receive innovation prizes. Competing entrepreneurs receive guidance as they formulate a business plan and test their concepts for viability. Details on the prize will be announced in the coming months and the application can be found at ReversePitch.org.
Anyone interested in getting involved with [Re]Verse Pitch is encouraged to attend the kick off to learn about the competition, meet past participants and get inspired by circular economy talks.
All competition events are free and open to the public:
Opening Pitch Event: January 17, 2018
[Re]Verse Material Suppliers will pitch their byproduct materials to entrepreneurs as business opportunities.
Final Competition: March 7, 2018
[Re]Verse Pitch finalists will compete for the Innovation Prize.
The Competition is seeking: [Re]Verse material suppliers, social entrepreneurs, volunteer mentors and advisors. More information about all the opportunities to participate in the competition can be found here.
The [Re]Verse Pitch Competition is a collaboration between the City of Austin, U.S. Business Council for Sustainable Development and the Herb Kelleher Center for Entrepreneurship, Growth and Renewal, with additional support from a wide variety of community partners. City of Austin supporting departments include Austin Resource Recovery, the Innovation Office, the Economic Development Department (Small Business Program and Global Business Expansion Division), and the Office of Sustainability.
What is the circular economy?
The Ellen MacArthur Foundation defines it as an economy that is restorative and regenerative by design, and aims to keep products, components and materials at their highest utility and value at all times. Learn more.
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