In a unique
twist, local nonprofit organization, Sustainable Surplus Exchange (SSE), will
be benefiting start-up, for profit companies through a collaboration with
CONNECT.
“Our
primary targets are educational and charitable organizations,” said SSE executive
director, Sue Prelozni. However, not all
the items can be repurposed to those organizations. “Sometimes we will receive scientific
instruments which may be too complex or expensive to maintain even at a
community college,” Prelozni explained.
In other instances, SSE will receive a quantity of items that would overload
the NPO market.
So,
SSE reached out to its mentor, CONNECT, a regional program that catalyzes innovative
technologies by linking inventors and entrepreneurs with the resources they
need for success. Through its
Springboard program, CONNECT matches innovators with business advisors –
industry experts with C-level experience – to mentor them through a multi-stage
process including developing a commercialization strategy, marketing,
operational plans, and financial strategy.
SSE is the first nonprofit to graduate from CONNECT’s Springboard
program.
“SSE
came into the Springboard program in an unusual way. We typically coach tech
companies, with a protectable technology, capable of returning profits to
investors. Not so with SSE! This is a social return on investment!” noted
CONNECT Vice President of Business Creation & Development, Ruprecht von Buttlar.
Through
their collaboration, Springboard graduating companies, of which there are
several hundred, will have access to inexpensive items, the basics, to support
their business during its crucial start-up phase.
“I am
very excited about this opportunity! Cash-strapped Springboard companies can
now acquire essential equipment for a fraction of the regular price and make a
difference to the environment ,” Ruprecht added.
All
the items are available on SSE’s online Exchange. Springboard members will pay an annual
membership fee and be able to access items in the Exchange.
“It’s
a win-win for everyone,” said Prelozni. Corporations will be in compliance with state
recycling mandates by reducing the amount of solid waste they would dispose in
the landfills. Still useful items are
repurposed, supporting our environment and reducing the drain on resources to
create new items. And nonprofit and
start-up organizations get much-needed items, alleviating budget constraints.