Opportunity
Solution
Mid-Atlantic Recycling, LLC’s business area will be to collect, compost/compost, and sell municipal waste for consumer goods. This recycled product will meet two critical needs:
- It will be an alternative cost-effective and feasible option to landfilling the waste.
- It will allow you to keep up with the increasing demand for organic fertilizers and soil enhancers. Human waste sludge is the material that will be recycled.
Market
Our products and services will be of benefit to both end customers in our supply chain. By having an alternative way of disposing of their waste, municipalities will be able to benefit. The compost product can also be beneficial for homeowners, landscaping professionals, landscapers or fertilizer manufacturers. We have two main market segments: those who can benefit from our products and those who are able to benefit from them.
According to the Worldwatch Institute, landfills are overflowing while disposal costs for sewage and garbage are rising. City leaders can relieve over extended municipal budgets, prevent the contamination of drinking water, and help farmers build healthier soils by recycling garbage and human waste back to farms. 13 U.S. states are within 6 years of having all of their landfills full. (Paper 135 Recycling Organic Waste: from Urban Pollutants to Farm Resource. We provide a service which allows municipalities to dispose their waste without the need for it to be placed on land. This is a valuable service for this customer.
Our compost is used by people who are also part of the process. According to Cornell University (www.cals.cornell.edu/dept/compost.feas.study.html) composting is experiencing a resurgence of activity which is driven by increased understanding of the agronomic benefits of compost utilization, and rising disposal costs for municipal wastes. Also, according to Purdue University (www.ctic.purdue.edu/Core4/Nutrient/ManureMgt/Paper35.html) consumption of compost in the commercial market is growing due to people looking for a more organic or natural substitute for traditional chemical fertilizers. Recycling is at the forefront of responding to this growth trend in the Mid-Atlantic USA. We will initially concentrate on selling compost directly to gardeners, nurseries and fertilizer companies. We have already been offered 600 tons per annum by a landscaper and a fertilizer maker.
Five market segments are important for compost.
- Agriculture (for food or non-food crops and for sod farms).
- Landscapers (for commercial and industrial properties; golf courses and cemeteries; athletic fields; and covers for landfills; and damaged soils).
- Nurseries (for planting trees and seeds and reforestation).
- Public agencies (for highway median stripes, parks and recreational areas, as well as other public property).
- Residents (for home landscaping and gardening).
Competition
Our service provides an acceptable, even desirable alternative to traditional ways of disposing of human garbage. Our product is a value added, soil enhancer that appeals to the growing environmental conscientiousness among consumers. It is nearly impossible to find direct competition. We aim to be the economical, logical choice in human waste disposal and compost manufacturing in West Virginia.
Expectations
Forecast
The following funding options will be available: Owner equity in the form of loans from the Regional Council of Governments Revolving Loan Fund. These loans are secured by the property assets of the owner. The Regional Revolving Loan Fund supports economic development in three West Virginia counties: Mercer Greenbrier Monroe.
Financial Highlights by Year
Finance Required
Based on our assets and $150,000 from owners, we will receive nearly $1,000,000 from 2 sources.
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