Business plan for the Solar Recycle-o-Sort
Includes bibliographical references (leaf 32).
| Main Author: | |
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| Other Authors: | |
| Format: | Thesis |
| Language: | eng |
| Published: |
Massachusetts Institute of Technology
2009
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| Online Access: | http://hdl.handle.net/1721.1/45831 |
| _version_ | 1826192083004686336 |
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| author | Kalk, David O. (David Oliver) |
| author2 | Maria C. Yang. |
| author_facet | Maria C. Yang. Kalk, David O. (David Oliver) |
| author_sort | Kalk, David O. (David Oliver) |
| collection | MIT |
| description | Includes bibliographical references (leaf 32). |
| first_indexed | 2024-09-23T09:06:00Z |
| format | Thesis |
| id | mit-1721.1/45831 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T09:06:00Z |
| publishDate | 2009 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/458312019-04-10T16:49:46Z Business plan for the Solar Recycle-o-Sort Kalk, David O. (David Oliver) Maria C. Yang. Massachusetts Institute of Technology. Dept. of Mechanical Engineering. Massachusetts Institute of Technology. Dept. of Mechanical Engineering. Mechanical Engineering. Includes bibliographical references (leaf 32). Thesis (S.B.)--Massachusetts Institute of Technology, Dept. of Mechanical Engineering, 2008. There exists much room for growth in recycling participation with almost 1 in every 4 Americans still not recycling at all. In many communities this fraction is significantly higher, with low awareness of the benefits of recycling. A group of MIT students developed a product called the Solar Recycl-o-Sort as part of their senior design class 2.009: Product Engineering Process. This solar-powered stand-alone recyclable sorter is able to differentiate and sort between glass bottles, plastic bottles, aluminum cans, and trash. The ability to watch the sorting and distributing, as well as an LED feedback display makes recycling fun and interactive. This product makes recycling exciting and will also educate users about recycling, resulting in increased community participation. Transitioning from the developmental stage into the stages of marketing and sales requires a business plan. This document serves as that plan and helps to organize the engineering work of the team into a document, while combining it with business discussion and strategy. Necessary financial projections and analysis were added in order to assist the team in obtaining outside funding. The product will be marketed to communities and municipalities primarily as a means of recycling promotion, but also as a way of combating neighborhood trash problems. As the premier product of its kind, it faces little competition and has the potential to become further competitive in waste collection industry if a crushing mechanism is introduced. Financial forecasting has determined a funding need of $125,000 in order to prepare the product for mass production. Such financing would be in return for a 49% equity stake in the company, and this investment would return a 36% ROI over the first five years. by David O. Kalk. S.B. 2009-06-30T16:23:33Z 2009-06-30T16:23:33Z 2008 2008 Thesis http://hdl.handle.net/1721.1/45831 319542342 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 32 leaves application/pdf Massachusetts Institute of Technology |
| spellingShingle | Mechanical Engineering. Kalk, David O. (David Oliver) Business plan for the Solar Recycle-o-Sort |
| title | Business plan for the Solar Recycle-o-Sort |
| title_full | Business plan for the Solar Recycle-o-Sort |
| title_fullStr | Business plan for the Solar Recycle-o-Sort |
| title_full_unstemmed | Business plan for the Solar Recycle-o-Sort |
| title_short | Business plan for the Solar Recycle-o-Sort |
| title_sort | business plan for the solar recycle o sort |
| topic | Mechanical Engineering. |
| url | http://hdl.handle.net/1721.1/45831 |
| work_keys_str_mv | AT kalkdavidodavidoliver businessplanforthesolarrecycleosort |