IIM Udaipur's initiative to make the city garbage free: partnership with Aspire Labs Accelerator, applications invited till May 30 to join the programIIM Udaipur aims to make Udaipur a plastic waste-free city. IIM Udaipur Incubation Centre has partnered with Aspirelabs Accelerator as an Ecosystem Partner to advance their goal of transforming Udaipur into a city with zero plastic waste through the FINILOOP PLASTIC LAB. – a startup incubation and mentorship program for plastic waste management entrepreneurs. 

FINILOOP PLASTIC LAB is actually a part of FINILOOP (Financial Inclusion & Improved Livelihoods Out of Plastics) – a city-level solid waste management model. To be a part of this program, applications are made available till May 30, 2023. 

About 20,000 tonnes of plastic waste is generated daily in the country

“The use of plastic has been recognized as one of the greatest environmental and health hazards of the 21st century. Every day in India approx. 20,000 tonnes of plastic waste is generated, out of which only 13,000-14000 tonnes are collected. IIM Udaipur Incubation Centre has joined hand with Aspirelabs to address the problem of the inadequate collection and recycling systems through the FINILOOP PLASTICS LAB initiative and make Udaipur a Plastic-Waste Free City.” - Suresh Dhaka, CEO, IIM Udaipur Incubation Centre 

The FINILOOP PLASTIC LAB (FPL) programme is a 14-month incubation programme for ambitious business owners eager to take on the problem of the plastic waste menace caused mostly by its improper management. The candidates can come from anywhere in the nation, and those who are chosen will have the chance to take part in this effort to make Udaipur a city free of plastic garbage. The startup will also have the chance to grow their business in Amritsar.

The FINILOOP programme aims to establish plastic waste free cities by enhancing solid and plastic waste management, boosting the opportunity for informal waste workers to make a living, and encouraging innovation in the plastic waste industry. The program is supported by IKEA Foundation and is being implemented by Aspirelabs Accelerator, WASTE Foundation and Trust of People.  The program has strategic partners such as Finish Society, Shriram Institute for Industrial Research, and Take a Stake Fund.

Through the FINILOOP Plastics Lab (FPL) programme, chances for one-on-one conversations with professionals in the field will be available. B2B meetings, seminars with business mentors, technical support, pre-demo days, and other topics will be covered in sessions. 

Source: Dainik Bhaskar