What a blast at Slush with the Greenzy® team, Laetitia and Adélaïde 💥! Thank you for a mind-blowing 3 days, full of connections and interesting ideas! The British magazine, Startups Magazine, even nominated us in the top 10 start-ups at Slush 🔥. You can read the article here.
What have we learned this week? Here are our 3 key lessons:
1️⃣ Give your first 100 customers a 5-star experience and get your product-market fit right before scaling up. 2️⃣ In this economic climate, we're entering a crisis period for business investment. We've seen and heard it all before. Don't give up! 💪 3️⃣ Entrepreneurs are a bit crazy. Being an entrepreneur is really hard.
We're coming back to Belgium with stars in our eyes and are very excited about the prospect of continuing to make Greenzy® grow and shine ✨🚀.
And to top it all off, as we headed back to Brussels, we learned that our fundraising goal had been reached and even exceeded! 😍
🙏 Thanks to the hub.brussels | Europe team: Simon, Terry, Louise and Katia for this unique experience at Slush and to the other hub.brussels startups for these unifying days Lileo(Jerôme, Anastasia and Yasmine), Wequity(Franck-Victor), SCANDALOOK(Nicolas), NOOSA(Luna), bwat the reusable pizza box(Sébastien), TheGreenShot(Véronique) 🙏
For 3 days, from November 13 to 15, Adélaïde Biebuyck, CEO of Greenzy, was invited by the European Commission to speak and give her recommendations on the "sustainable enterprises" panel of the #SMEAssembly2023 with : Kirsten Dunlop, CEO of Climate KIC, Friederike Welter, Professor at the Institut für Mittelstandsforschung, Ute Stephan, Professor at King's Business School, Lorenzo Giornelli, Director of Ceramich Noi, Gerardo de Luzenberger, Professional Facilitator and Bonifacio Garcia Porras from the European Commission. It was a great opportunity offered by André Meyers to discover all the panels proposed by the Commission. ☺️
Adelaide Biebuyck - SME's 2023 Annual General Meeting
First, we asked him what had changed and what was impacting Greenzy. 🤔
Adélaïde noted that sustainable projects are becoming the norm. At least the sustainable aspect is taken into account, even if it's not the startup's core mission. 🌱 What's more, these are much more financially supported locally than in the EU with grants for sustainable businesses. On the other hand, it's still as difficult, if not more so, for sustainable projects to raise equity capital. 💰
It's important to give priority to financing sustainable projects, because from a financial point of view, that's the future. But above all, it makes no sense to invest in companies that go against the grain of sustainability. Let's activate change by investing in sustainability.
What then were his recommendations towards a sustainable corporate ecosystem? 💡
Here's his answer: With Greenzy, we faced several challenges in developing the product, and the challenge we set ourselves was to put technology at the service of the environment. Here are the challenges we faced: 1) Very difficult to find systemic experts to work on the whole project to make it sustainable. Finally, we found a Belgian partner who went bankrupt. 😓 Put in place the means so that there are more of them and it becomes the norm. 2) Find local partners who will enable us to produce at a competitive price. For production to be sustainable, we also need to promote local production as much as possible. Compete as much as possible with production outside the EU, first with subsidies, then by structuring more resources for manufacturers. We need to help them become more competitive. BUT despite this, for many sectors, it's still cheaper to produce outside the EU, and cheaper is 2 to 3 times cheaper. What's more, it's difficult to be competitive because there aren't many identical manufacturers in the same region. 🇪🇺 🇧🇪
Greenzy has been open to investment for 2 months now, because we've made a very important decision that's close to our hearts: we're opening up our capital to ALL of you who have believed in us from the start! 😍 That's why we've launched a fundraising campaign, which ends in 15 days, where anyone can decide to invest and become a Greenzy shareholder. To make fundraising easier, we're pooling all investments on an equity fundraising platform, Spreds. Are you Belgian? 🇧🇪 You'll also benefit from a Tax Shelter tax reduction of 45% of the investment. 💰 What are the next steps for Greenzy? 🤔 👉 production: purchase of molds and tooling 👉 marketing to make our innovation known to the general public 👉 recruiting people to help us with marketing, sales and logistics 🥰 👉 the product: EU patent, improved application, ... If you would like to invest in Greenzy and benefit from the Tax Shelter: https://www.spreds.com/fr/compartments/10369-greenzy
Thank you for your support! 🥰
Investing involves serious risks, including total or partial loss of capital. Please read the Key Investment Information and Risk Factors document and log in before investing.
Congratulations also to the 2 other projects nominated in the Start Unago Recrutement and Mazette categories! Great companies that are well worth a visit 👏
We'd also like to thank you, the Greenziers, for motivating us to work hard to bring our solution to market. At Greenzy, we've set ourselves the goal of revolutionizing composting in Europe, where 80% of organic waste is still landfilled or incinerated. What's more, by the end of 2023 it will be compulsory throughout Europe for individuals and businesses to sort organic waste. 🌍
We were proud to present our odorless, eco-designed and intelligent indoor composter at the Hub Awards ceremony. 🌱 By combining technological innovation with our commitment to the environment, we offer a practical and sustainable solution for reducing organic waste while creating valuable compost to enrich our soils.🔬
On the occasion of our selection for the HubAwards finals, the radio station K I F presented by Davy Courteaux & Chloé Levy and the SudInfo website put the spotlight on us and present the Greenzy composter through an article and a podcast posted on the listening platforms 🌍🌱
The Commission honors us by highlighting women, in particular Greenzy founders Adélaïde Biebuyck, Laetitia Dupret and Fiona Milano for the publication of our patent on International Intellectual Property Day. 🇪🇺
As women, we are proud to patent an innovative solution for transforming organic waste into quality compost. ♻️ We firmly believe that our innovation will have a positive impact on sustainable development.💚
We hope that this spotlight by the European Commission will encourage more women to file more and more patents, and thus keep innovation alive. 🌍
At Greenzy, we will remain committed to protecting our planet and continue to work hard to find innovative solutions to the environmental challenges we face.👩💼👩💻
For the occasion, the Commission gave us the pleasure of producing a superb video showcasing our product and our values for Greenzy! Don't hesitate to watch it! 👇🏻