My Green E-Box seeking RM300,000 to set up factory

My Green E-Box seeking RM300,000 to set up factory

‘Sustainable waste management & renewable energy system’

A digester system that uses organic waste especially food waste to produce biogas that can be converted into:

1) Feed-in-tariff electricity
2) Cooking gas
3) Fertilizers

Project Type:

Green technology that reduces carbon foot print and solve environmental issues generated by 15,000 tonnes food waste produced daily in Malaysia and produces sustainable renewable energy and fertilizers that other food waste management system does not provide.

Objectives:

To manufacture 1 cubic meter digester units to be sold to:
1) Pre-ordered 4 Green Schools through Majlis Perbandaran Seberang Perai (MPSP) – 4 units
2) Pre-ordered export markets – 70 units
3) 106 schools in Seberang Perai districts through MPSP
4) 10,136 schools in Malaysia
5) Export markets

Key Results:

1) Awareness to 5 million households through school children’s
2) Exports to foreign countries
3) Indicators to measure reduction in carbon foot print, food waste problems, pollutants, and organic waste
4) Application of Clean Development Mechanism (CDM)
5) Corporate Social Responsibility (CSR) programs

Impact:

1) Reduce environment impact
2) Development of biogas industry

Partners:

1) Biotech India – technology partner
2) Majlis Perbandaran Seberang Perai – pilot testing
3) Universiti Teknologi Malaysia (UTM) – R&D for local patents up to 6 cubic meters
4) Universiti Putra Malaysia (UPM) – R&D for industrial and farm models local patents
5) Aalamee Society – Matrade partner and export market for Mauritius and Madagascar
6) Department of Science and Technology, Phillipines
7) Koperasi Nillam Johor Berhad – marketing to Malaysia cooperatives

Expected Financing:

RM300,000 to set up factory to manufacture 1 cubic meter units

Financial Arrangement:

1) One off investment with 20% returns in one year. OR
2) Investment in return of 10% equity in the company.

CAPITAL.MY