Goal: up to $250,000
Revenue-based Equity
Min. Investment: $100
$207,905
Project Highlights
____
- Aims to reduce carbon emissions, keep trash out of landfills and create a local sustainable resource from resources previously considered waste
- Providing municipal glass recycling where previously unavailable
- Unique vertically integrated recycling removes waste and logistics cost of transporting glass to remote processing facilities
- Revenue generation on both glass pickup and sand sales
The Problem
____
Current recycling programs are unequipped to handle glass
The recycling industry has long been controlled by municipalities with little to no incentive to drive innovation. Most cities offer no form of glass recycling leading to glass waste that historically has been discarded en masse. The municipalities that do recycle typically collect all materials together in an unsanitary, expensive, and inefficient process known a the “single stream” method.
The single stream approach promotes high cross-contamination and requires added infrastructure such as:
💸 Recycling Sorting facilities
💸 Transportation
💸 Machinery
💸 Staff
This leads to increased recycling costs for cities and often, no glass recycling at all. The result is that across the US only 20% of municipal glass is recycled.
A practical holistic revamp for glass recycling is long overdue.
The Solution
____
Convert municipal glass back into locally-used, multi-purposed sand
Bricolage has created a unique, end-to-end process for turning glass back into a coveted and sustainable natural resource. This vertically integrated process simultaneously serves two markets:
♻️ Local residents wanting to recycle their household glass
🏝 Residential projects and commercial builders using sand
How it works:
By collecting directly from household consumers, we:
✅ Limit contamination
✅ Avoid unnecessary sorting
✅ Save time & money
The finished product (sand) is re-used in the local community for:
🔁 Construction concrete
🔁 Roads & Asphalt
🔁 Landscaping
🔁 Substrate
The Team
____
Zebulon Parsons
Founder & CEO
Zeb holds an international business degree from Clemson and a MSc in Supply Chain Management with an emphasis in Supply Chain Sustainability, from UCD Smurfit in Dublin, one of the world's leading supply chain programs.
Zeb has 10 years of logistics and supply chain experience. From redesigning internal and external supply chains for small tech companies to managing and analyzing large multinationals Zeb has spent the last decade steeped in complex supply chain innovation.
The residential recycling problem, at its core, is a supply chain problem. Zeb is confident that Bricolage is the supply chain innovation needed to solve this international supply chain problem.
Fledge
Accelerator and first investment
Fledge is a global network of conscious company accelerators and seed funds that help entrepreneurs create impactful companies and co-ops at scale through short, intense programs filled with education, guidance, and a massive amount of mentorship.
Bricolage was was of the handful of companies invited to attend one of Fledge's intense, in-person, two-month programs. Fledge was the first outside funding for Bricolage and continues to be a network and resource for the growth and development of the company.
The Traction
____
Established proof of concept, scaling up operations and capacity
What started as a small pilot program two years ago has grown into a strong customer base with demand we can longer keep up with. We have been overwhelmed by the response and have added processing machinery to handle the growing number of customers and scale up operations.
Our progress by the numbers:
The Opportunity
____
8 Million Tons of glass waste hits local landfills every year, costing US cities $440,000,000 annually
74% of glass is sand which is second only to water as the world’s most used natural resource. Demand for sand sits at 50 billion tonnes per year, boasting a market that’s projected to reach $10.5 B by 2024. While demand for sand steadily climbs, the availability continually declines.
Deal Terms
____
- This potential offering would be for Revenue-based equity in Bricolage Dynamics
- Minimum investment: $100
- Goal: $75,000 - $250,000
- Investors in this offering have two options: (1) investing directly in Bricolage Dynamics, Inc. (the C Corp) if investing $25,000 or more, or (2) investing in a Special Purpose Vehicle ("SPV) that invests in the C Corp if investing between $100 and $24,999. Please see the Term Sheet and the Subscription/Investor Agreements for further details.
Use of Funds
____
- If we raise $75K, we'll use the funds to purchase equipment needed to increase capacity and support our waiting list of customers.
- If we raise over $75K we'll use the additional funds for other important equipment, operational personnel, and marketing.
Due Diligence
____
Form Check Completed! Click here to review.
What is it?
A review of disclosures, financials, and all filing information to ensure compliance and consistency with Rule 201 of Regulation CF.
What is Revenue-based equity?
In revenue-based equity investing, the investor buys equity in the company, but the company repurchases a portion of that equity using a percentage of "top-line" revenues, returning a multiple on what they buy back (2x, for example).
The goal would be to provide a return on the equity bought back at the 2x multiple, while leaving some equity with the investors for any future upside.
Here are some of the risks associated with this investment:
COVID-19. The impacts of COVID-19 on our communities and our economy has been significant. At this time, the overall impact and potential recovery from the effects of COVID-19 on the economy is unknown.
Key Personnel. The Project is highly dependent on Zebulon Parsons to oversee ongoing operations. His loss would adversely affect the company and the company might have to obtain other personnel to perform his duties. There can be no guarantee such replacement personnel will be available or that the company will proceed as planned in the event of the loss.
Competition. Provision of glass recycling services may differ in various geographic areas. Some areas may have public recycling options, public/private partnerships, or private companies providing recycling services. Though there are no known direct competitors for glass recycling in Greenville, SC, new competitors may arise or may be present in other markets Bricolage chooses to enter.
Need for Additional Funding/Dilution. The project may need additional capital in excess of the $ 75,000 minimum target being raised through this Regulation Crowdfunding offering. If the needed amount of capital is not achieved through this Regulation Crowdfunding offering, it may be pursued through other raises/sources, such as a separate exempt offering. Additionally, the issuer has contingency plans to proceed with expansion efforts to a lesser degree as long as the minimum target is achieved.
You can learn more about the risks of investing through Vicinity here.
- Bricolage Dynamics has filed a Form C with the SEC which can be found here.
- Vicinity will be compensated upon a successful raise at 8% of the total amount raised.
- There is no cost for investors to invest, though Vicinity will receive a 1% transaction fee on all payments from Bricolage Dynamics to investors that will be withheld from the payment to investors.
Investor Update
If you missed the Q&A, here is a link to the recording. Feel free to drop any additional questions in the Q&A section! https://us02web.zoom.us/rec/share/2GFdRCHTvrrBgrWCBrvx7uTvWA7JpXgh9YV7FVr2xNyGRRxiJR16KI6kjXzpbxj-.boBAJiOAsfB4F1ub
Zeb Parsons on December 17 Issuer
