A pair of Scottish entrepreneurs are aiming to go international with their hope to replace palm oil utilizing espresso waste.
Scott Kennedy and Fergus Moore stated they got here up with a novel option to extract oil from used espresso grounds which had a variety of makes use of.
Palm oil is discovered in lots of family merchandise, however environmentalists say demand for it’s devastating rainforests in Asia.
Producers at the moment are beneath strain to seek out an alternate.
Mr Kennedy and Mr Moore got here up with their concept whereas working in espresso retailers throughout their time finding out enterprise at Glasgow’s Strathclyde college, and noticed first-hand the quantity of meals waste within the hospitality trade.
Mr Moore instructed BBC Radio’s Good Morning Scotland programme: “About 60% of a restaurant’s waste is about espresso grounds.
“In Scotland, that quantities to about 40,000 tonnes a yr – throughout the UK, greater than half one million tonnes.
“And coffee grounds are so heavy that it takes their waste bill through the roof.”
Explaining the concept behind his Revive Eco firm, Mr Moore stated: “There are oils in espresso with a variety of makes use of in several industries – cosmetics prescribed drugs, foods and drinks, family merchandise – you identify it, there’s most likely a use there.
“We’re creating a course of to extract and purify these oils.”
Mr Moore added: “Probably the most thrilling half for us is that they’ve all the identical parts as palm.
“Palm oil’s in the news for all the wrong reasons. It is actually thrilling for us that we might doubtlessly present a neighborhood and extra sustainable different to all of the industries which can be presently utilizing palm oil.”
Mr Moore stated it had been troublesome establishing the corporate as a result of he and his enterprise companion weren’t from an engineering background, however added: “We’ve surrounded ourselves with incredible advisors and mentors that have made the process easier.”
Revive Eco has already secured £235,000 of funding from the Zero Waste Scotland company.
And now they’re within the operating for a share of a £776,000 funding pot, after it was introduced Revive Eco can be representing Scotland and Northern Eire within the Chivas Enterprise competitors.
Twenty international firms are competing for the prize, being introduced in Amsterdam in Might, after a web based public vote.
Mr Moore stated of the corporate’s ambition: “We need to have the method up and operating in Glasgow by subsequent summer time.
Long run, we need to construct the enterprise to a spot the place we will franchise into totally different international locations and replicate the enterprise mannequin elsewhere.
“We would moderately construct a brand new course of in Rome, Paris, Berlin – every other huge coffee-drinking cities around the world.”
For the newest enterprise information because it occurs, comply with BBC presenter Andrew Black’s updates every weekday morning on BBC Radio Scotland’s Good Morning Scotland programme between 0600 and 0900.