Bricolage Dynamics
Regulation Crowdfunding

Goal: up to $250,000

Revenue-based Equity

Min. Investment: $100


Share Price: $0.2798

Examples:
3,574 shares for $1,000
89,350 shares for $25,000
See the Term Sheet

FIRST GOAL HIT (yes, you can still invest)

$152,351


Funded
Start date: October 20, 2021
End date: November 30, 2021
Why fund our local story

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 โ€œsingle streamโ€ method. 

The single stream approach promotes high cross-contamination and requires added infrastructure such as:


๐Ÿ’ธ Recycling Sorting facilities 

๐Ÿ’ธ Transportation

๐Ÿ’ธ Machinery

๐Ÿ’ธ 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:

โ™ป๏ธ Local residents wanting to recycle their household glass

๐Ÿ Residential projects and commercial builders using sand


How it works:



By collecting directly from household consumers, we:

โœ…  Limit contamination

โœ…  Avoid unnecessary sorting

โœ…  Save time & money


The finished product (sand) is re-used in the local community for:

๐Ÿ” Construction concrete

๐Ÿ” Roads & Asphalt 

๐Ÿ” Landscaping

๐Ÿ” 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 worldโ€™s most used natural resource. Demand for sand sits at 50 billion tonnes per year, boasting a market thatโ€™s projected to reach $10.5 B by 2024. While demand for sand steadily climbs, the availability continually declines. 

Investment Summary

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.

Financial Highlights



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.



Docs
Risks


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

Disclosures
  • 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.
Forum
William Ward
11-13-2021 12:59 PM
Investor
My understanding is there is an initial investment. 50% of those shares are repurchased through revenue at the premium price. The remainder of share are invested with the company and would be redeemed in the event of a sale or public offering. It that correct?
 
Zeb Parsons
10-26-2021 8:03 AM
Issuer
Hi Lucas, thanks for the question. We were working on the structure during TTW, so you should be able to see the options now. Here's the summary: 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. The Term Sheet and the Subscription/Investor Agreements go into all the details.
 
Lucas Selvidge
05-26-2021 8:47 PM
Investor
Hi, would the equity investment in Bricolage Dynamics be a limited partnership interest?