Infrastructure for a circular economy
Reference number | |
Coordinator | Hjelmberg Sustainable Solutions AB |
Funding from Vinnova | SEK 300 000 |
Project duration | May 2021 - April 2022 |
Status | Completed |
Venture | Innovative Startups |
Call | Innovative Startups step 1 spring 2021 |
Important results from the project
reCRQL creates the infrastructure for circular consumption by connecting companies and users throughout the product life cycle. Retailers can via reCRQL SaaS offer their customers an easy and profitable way to resell purchased products without investing in developing and maintaining an in-house solution. reCRQLs app gives users an overview of purchased products from affiliated companies, automated flow to easily resell products, and information about their contribution to reduced environmental impact. reCRQL MVP is built with support from Vinnova launches spring 2022.
Expected long term effects
At project completion, one (1) retailer has been integrated into reCRQL. The effects increase when connecting additional retailers. USERS: - Opportunity to combine the joy of consumption with a sustainable lifestyle - Easily free up capital RETAILER: - Tools to reduce dependence on new sales - Data on user & product life cycle - Tools for promoting customer sustainability behavior - Reinforced sustainability profile SOCIETY / ENVIRONMENT: - Incentives to development & production of sustainable products - Extended active life for products - Reduced waste
Approach and implementation
The following is carried out according to plan: A Sub-project Technical solution 1. Develop and build Minimum Viable Product, MVP 2. Quality assurance and follow-up 3. Test and verification of MVP 4. Release MVP (prelim. April) B Sub-project Cooperation retailer: 1. Continue established dialogue with retailers 2. Identify other retailers and stakeholders 3. In collaboration with e-retailers set up a solution, including information transfer and launch strategy C Sub-project Launching Trading Platform: 1. Selected customer segment 2. Planned launch according to strategy