An Italian manufacturing company, committed to sustainability (upcycled, long-lasting, and repairable textile products) is looking for national and international partners for commercial and investment agreements

Summary

Profile Type

Business Offer

POD Reference

BOIT20240118013

Term of Validity

22 January 2024 - 21 January 2026

Company's Country

Italy

Type of partnership

Investment agreement
Commercial agreement

Targeted Countries

All countries

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General information

Short Summary

The company is an Italian start-up in the manufacturing sector with a strong commitment to sustainability.
The company recovers used and discarded technical materials, offcuts, and production scraps, coupling them with selected performing materials to create new long-lasting, durable, and easily repairable textile products such as bags, accessories, and clothes.
The company is looking for commercial and investment agreements with new partners, with a shared commitment to sustainability.

Full Description

The company is a start-up in the manufacturing sector located in Sicily (Italy) and funded in 2019.
Its mission is to inspire ethical behavior and responsible consumption by recovering and reworking materials (otherwise thrown away) creating long-lasting, durable, and easily repairable textile products.

The company follows a circular economy approach, particularly in its production process.
All its items are created using discarded technical materials (e.g. used sails, dismissed kitesurfs, parachutes, hang-gliders, hot-air balloon cloths, discarded inflatables, ...), off-cuts, and textile manufacturing waste.
The collected materials are carefully processed and coupled with selected new materials to create long-lasting, high-quality, and easily repairable products such as bags, accessories, and clothes.
The entire production process, from collecting to designing, cutting, and sewing, is, at the moment, completely conducted in-house and the team is mainly composed of women.

The company aims to learn from experienced artisans of the local community and at the same time to offer training to younger people, in a sector traditionally of interest to older craftspeople.
Moreover, the company has established a high-value network of relationships with facilitators and stakeholders and it is always willing to increase and strengthen its network.

These a list of awards and grants received by the company:

● Recognition for its sustainable practices by LOTTOZERO

● Assignment of vouchers for digital development from the Chamber of Commerce of Palermo and Enna.

● Assignment of a subgrant from the European project S4FASHION for the creation of outerwear made from used spinnakers

● Assignment of a subgrant from the ENI CBC MED CRE@CTIVE project for the construction of a new supply chain and technology application for the utilization of used sails

● Assignment of funds from the "Fondo Impresa Femminile" (Women Entrepreneurship Fund) managed by the Ministry for Business and Made in Italy

The company is looking for commercial and investment agreements with national and international partners with a shared commitment to sustainability.

Advantages and Innovations

- Business model based on sustainable and circular economy approach
- Upcycled, long-lasting, and easily repairable textile products that minimize the carbon footprint of the fashion sector
- Upcycling combining discarded textile material, off-cuts, and manufacturing waste with new performing materials
- Supporting local communities involving local experienced artisans, offering training to younger people, and creating a valuable network of facilitators and stakeholders

Stage of Development

Already on the market

Sustainable Development Goals

Goal 12: Responsible Consumption and Production
Goal 11: Sustainable Cities and Communities
Goal 5: Gender Equality
Goal 17: Partnerships to achieve the Goal
Goal 8: Decent Work and Economic Growth

Partner Sought

Expected Role of a Partner

The partner should:
- be interested in a commercial or investment agreement
- aiming for a circular and sustainable economy
- be interested in the upcycled, long-lasting, high-quality, and easily repairable products of the company

About commercial agreement:
The company is interested in exploring a long-term partnership where it can supply a portion of their collections for resale. The company is open to satisfying the partner-specific needs and exploring together how they can successfully collaborate

About investment agreement:
The company is open to exploring investment agreements as a means to further support and expand its activities. Such an agreement should facilitate mutual growth and development. The potential investment could take various forms, including
- capital investment: to fuel the expansion of the company's sustainable fashion endeavors, aiding in the development of new product lines, technological advancements, or market expansion

- equity acquisition: the acquisition of a portion, or all of the company allowing for a strategic partnership that aligns the interests of both parties.

- loan: providing financial support through a loan structure, enabling the company to invest in key areas such as research and development, marketing, or production capabilities.

- joint venture: exploring the potential for a joint venture, wherein both parties collaboratively establish a new business venture. This could involve combining resources, expertise, and market presence with a shared vision of sustainable fashion

Type and Size of Partner