Botellas de Amor (Accelerator)

Funding Details
Awarder
PlugAndPlayTechCenter
Date Award
May 15, 2024
Funding URL
View Funding Page

Company Info
Company Description
Botellas de Amor engage people, schools and enterprises to bring them the flexible plastic filled PET bottles. After recycling, transforms it into RPL (recycled plastic lumber) and provide towards the community houses, playgrounds, furniture and more. The lumber created is flexible, earthquake resistant, and the ambition is to provide more homes to the local community. Currently they need 5T of recycled lumber to build a house but requires 300T to pay for the project. The focus is to recycle low or high dense polietileno, which is a light weight plastic that is usually not a priority for recyclers workers because they are paid by the weight amount of plastic they bring, therefore they are not worried about collecting light-weight plastic. The company has a strong social media presence, with more people requesting to be part of the ecosystem than they are able to gather. They have plans to open 10 processing plants with investors and their vision is to build 60K playgrounds and 40K homes in 10 years. They already operate in Argentina, Chile, Ecuador, Panama and Dominican Republic but they are not property owners of the processing plants.

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