Social Startup 48 winner hunts $1 million via crowdfunding

A Melbourne entrepreneur has launched a campaign to raise $1 million in funding for a recycling project that won the recent Social Startup 48 event.

Marco Ferlaino has set a target to raise the seven-figure sum via crowdfunding platform Pozible for his venture RemoveMe.

Ferlaino’s idea won last month’s Social Startup 48 event, a quick-fire start-up competition for social enterprises held at co-working space Inspire9 in the Melbourne suburb of Richmond.

The entrepreneur calls the concept behind RemoveMe “FedEx in reverse.” People wanting to get rid of unwanted goods will contact the firm via an app or telephone call and RemoveMe will take the goods away and recycles them.

Ferlaino says that he came up with the concept after initially working on an idea where people would list unwanted items on a website.

Read More at StartUpSmart


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