Italian small company specialised in precision mechanical engineering has developed an innovative appliance for separate waste collection. The appliance is able to differentiate and compact up to 7 types of waste ( paper, plastic, wet waste, etc. ); it was realised for private household use, hospitals, schools, companies and other similar types of organisations. The innovative solution designed for the appliance was also patented in Italy: the patent deadline is in the year 2035. The company is looking for an industrial partner to establish a manufacturing agreement and develop the prototype appliance designed by itself. The industrial partner will be entitled to be an exclusive producer for European market.
The company has already estimated the cost of the development program: around one million Euro for industrialization prototyping, testing, certifications, European patent, technical documentation preparation. The company would also access to European Investment Bank financial instruments to support its business: the investment topic (innovation, circular economy, sustainability ) is nowadays relevant too. The company can also offer further information about the very high profitability estimation on request.