Recyclabox
- On January 23, 2015
- By
Director’s Update
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RecyclaBox has progressed significantly in the last three months. After receiving the majority of their target investment they have been able to sign off the development of the first 5 RecyclaBox units and claim the £23,050 grant from the Welsh Government. They have completed end-to-end testing and are ready to launch the units. Aside from this they are currently designing an website that will accompany the launch.
RecyclaBox have been granted “fit to land” status from Sainsbury’s in 3 locations, which means they have received the highest level of approval for a launch. They are now arranging installation with contractors and the IT department, we aim to have the units installed in 1-3 weeks.
Further investment will allow RecyclaBox to legally protect the concept and ensure for a sufficient capital buffer during the trial period.
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