Implementation of business models
Besides the theoretical analysis and study it is important to realize the implementation of profitable business models in the circular economy. Those business models are addressed to the entrepreneurs as well as to the underserved community and they are creating jobs and employment.
When rules and regulations are implemented a smart and environmentally compatible plastic recycling is possible. In Ethiopia with more than 100 million inhabitants and a booming construction sector the demand for recycled plastic is huge. BFS is supporting to close this gap by creating new sources of secondary raw material.
Mentoring of start-ups
BFS supports start-ups in Ethiopia to implement a successful business model. BFS links those start-ups with other international companies and markets and is discussing potential financial support from investors and public funds.