[Re]Verse Pitch Competition Seeks Businesses with Scraps & Surplus to Apply for Fourth Annual Event

AUSTIN, Texas, Nov. 15, 2018 /PRNewswire/ -- The City of Austin is accepting applications from businesses and institutions interested in pitching scrap and by-product materials for the fourth annual [Re]Verse Pitch Competition (February-April 2019).

Many organizations have waste products that have more economic potential than being sent to the landfill. Meanwhile, entrepreneurs across Austin are looking for new business opportunities with a positive social impact. 

The [Re]Verse Pitch Competition brings these two groups together so that unwanted materials from local businesses, nonprofits or institutions can turn into the foundation of new social enterprises. Austin, Texas entities that consistently generate or collect by-product, surplus or otherwise underutilized materials are invited to submit an application by December 7, 2018 to become [Re]Verse Material Suppliers and pitch at the opening event.

National companies are welcome and encouraged to apply if they have Austin locations generating a by-product. Past material suppliers have included In N Out Burger and Half Price Books.

By participating, these organizations will get the chance to have creative entrepreneurial minds focus on finding higher and better uses for local business' unwanted materials.

All competing entrepreneurs receive guidance throughout the competition as they formulate a business plan and test their concepts for viability. Details on the prize will be announced in the coming months. The application can be found here.

Past [Re]Verse Material Suppliers have saved hundreds of thousands of dollars in disposal costs, found new potential customers through the competition's publicity and found creative new ideas for waste reduction.

In addition to [Re]Verse Material Suppliers, the competition is also seeking volunteer mentors and advisors. More information about opportunities to participate in the competition can be found here.

About the Recycling Economic Development Program
Two City of Austin departments, Austin Resource Recovery and the Economic Development Department, have teamed up to launch the Recycling Economic Development Program. The program's mission is to attract, retain and grow zero waste businesses and entrepreneurs in order to create local jobs and foster a resilient zero waste ecosystem in Central Texas.

Contact:  Susanne Harm,
Austin Resource Recovery Office (512) 974-9087                                   
Media Line: (512) 974-1800

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SOURCE Austin Resource Recovery