Thank you for helping us reach our goal. Our first campaign is over but another one will be coming soon.
Please go to http://facebook.com/plasticbank to join the Social Plastic movement.
We are Leading the Social Plastic Movement!
When we reveal value in plastic, it becomes too valuable to throw away and too valuable to leave sitting on a beach or in the ocean. Social Plastic is any plastic harvested by the poor and/or removed from an ocean, beach, or waterways. Social Plastic has the power to change the world.
We are proudly leading the Social Plastic movement and we invite you to join the movement with your contributions. As the worldwide demand for the use of social plastics in everyday products increases, the higher the reward will be for harvesting social plastics. If everyday people are asking for Social Plastic, and making buying decisions based on a preference for products made from recycled Social Plastic, then companies will start to meet that demand. This is how we change the world!
Our Solution to Reduce Poverty & Waste Plastic World Wide
The Plastic Bank is setting up plastic repurposing centers around the world, where there’s an abundance of both waste plastic and poverty. Our first centre will open in Peru by early next year.
We are helping people ascend from poverty by rewarding them for removing plastic waste from the land, oceans and waterways. We do this by empowering people to harvest plastics as a currency they can exchange for various things including tools, household items, parts and 3D printed goods.
With your help people in need around the world will have the opportunity to collect enough plastic waste to ascend from poverty.
Did We Mention We Can Recycle ANY Kind of Mixed Plastic
We have recruited the world leading expert in plastic recycling to ensure that we can recycle or repurpose any piece of plastic that we receive. We are serious about revealing value in every single piece of plastic that litters this planet. This is how we make plastic an exchangeable currency.
You are a Big Part of the Solution
Of course, we need some help to get started. We have some amazing partnerships in place that will cover a large amount of the local start up costs (including the facility costs) during the pilot. Before we can open our doors and accept the first deposit of plastic waste, we need to build the software platform that will facilitate the entire process.
The first $20,000 will go towards creating the exchange system & membership platform. This is the core system that allows collectors to accumulate credits towards the things that they need most to improve their lives. It also allows inventory items to be ordered and new inventory items to be added based on the feedback of our collectors. This will ensure that stage 1 of the pilot project is ready to launch by February 2014.
The first $100,000 will go towards the full system required to extend beyond the pilot and accommodate multiple collection facilities in addition to the required legal & set up fees for an international organization.
In order to make mixed plastic a currency we will need to have bank like membership system to track deposits and place orders. More importantly, the full system will allow us to track the impact we have on increasing each members standard of living in addition to handeling our logistics and inventory management.
The full development will cost between $75,000-$100,000. Once completed, The Plastic Bank will have a system that can make a positive impact anywhere in the world with an abundance of plastic waste and poverty.
Funds over $100,000 will go towards the remaining costs not covered by our partners during the launch of our first facility. A second round of crowd funding may be utilized to make up for any shortfall in partnership funding.
Simply put. The more funding we start with, the greater the impact we can make towards reducing poverty & plastic waste, and the faster we can expand to other countries in need.
We have the partnerships in place & have recruited an amazing team of experts to make this happen. Social entrepreneurs, business leaders, ocean advocates and plastics experts have joined us, and we hope you will, too.
Experienced Change Makers
The Plastic Bank is backed by a team of entrepreneurs dedicated to the idea of “social plastic” – revealing the value in waste plastic and using it to empower people to unleash their own potential. We share a vision of clean oceans, prosperous people and sustainable
David Katz – Chief Cook & Bottle Washer
David Katz is the founder and President of The Plastic Bank, Nero Global Tracking and The Core Values Institute. David has personally consulted with thousands of entrepreneurs to help improve their business through the implementation of logistic technologies, core values, and business best practices. David is a business leader as an active board member of the Vancouver Entrepreneurs Organization, a worldwide group of over 7500 presidents of business, each with minimum revenues no less than $1 million.
Shaun Frankson – The Dot Connector
Shaun Frankson is a serial social entrepreneur with a passion for systems and business strategy. While attending Royal Roads University, he received the Eric C. Douglass scholarship for Philanthropic Entrepreneurship in recognition of the work of his not-for-profit consulting and small-business-start-up organization. He founded Frankson Enterprises in 2009 to provide further consulting services for not-for-profits in addition to setting up varous online businesses.
Our Team of Advisers
Dr. Mike Biddle
Dr. Mike Biddle started MBA Polymers in 1992 in his garage in California. MBA Polymers has grown to what is now the world’s leading multi-national company recovering plastics from end-of-life durable goods, such as computers, electronics, appliances and automobiles. MBA has over 300 million pounds/year of processing capacity in Europe, China and the US to turn waste into high performance plastics. MBA works with some of the largest manufacturers in the world to close-the-loop by replacing virgin plastics with MBA plastics in their new products.
Mike worked for General Electric, Cummins and Dow before founding MBA Polymers. He received a B.S. in Chemical Engineering and a Ph.D. in Polymer Engineering, both with high honors. He was also a Sloan Fellow at Stanford University (Executive MBA).
A 2006 World Economic Forum Tech Pioneer, Mike has received numerous international awards, including the prestigious 2012 Gothenburg Award for Sustainable Business, the 2010 Economist Innovation Award for Energy and the Environment and the 2006 Intel Tech Museum Award.
Illac Diaz is a leading Filipino businessman deeply engaged in catalyzing solutions to social, economic and environmental challenges. A former corporate executive, Illac has established several foundations that make sustainability the key to solving social problems. Today, Illac is Executive Director at MyShelter Foundation, a non-profit organization that improves the lives of many Filipinos by fostering the use of recycled materials to build clinics and classrooms in rural areas.
MyShelter Foundation set up a construction business to build upcycled schools, clinics, and community centers while channeling the savings to increase teachers’ wages and bring computer technology to schools. One of upcycling’s global successes is the Liter of Light project where used soda bottles, bleach and contact cement combine to bring daylight through the roofs of low-income communities around the world.
An Ernst and Young Innovation Entrepreneur of the Year, Illac was recognized as a Global Leader by the World Economic Forum and ranked among Ten Outstanding Young Persons of the World by the Jaycees International. He lives and works in the Philippines sharing his research in communities throughout the country.
Lorenzo A .Sousa
Lorenzo A. Sousa is one of Peru’s most accomplished and visionary business leaders.
His diverse background includes senior leadership positions in the fields of investment banking, airlines and telecommunications. Currently, Lorenzo is the Chairman of Peru Rail SA, Peru Orient Express Hotels and the trans-Andean railway, Ferrocarril Transandino. He is a board member of the Lima Stock Exchange and is the founder and President of the Arequipa exchange.
A former honorary consul to Brazil, Lorenzo has studied at universities and institutes in Peru and the US. His degrees include a BA in Economics from Pepperdine University and an MBA from the Arthur D. Little Management Education Institute. He has certificates from the Management Program for Advanced Executives from the Universidad de Piura and the Advanced Management Program at Harvard.
Francisco Barreto Araujo
Francisco Barreto Araujo is a leading social scientist from Rio de Janeiro.
His life’s work is coordinating multidisciplinary teams working on projects that intersect science, technology and society. Francisco addresses the complexity of organizational and social problems by crafting policies and programs that are transparent and participatory. He creates solutions.
Currently, he is a researcher and project coordinator at the Center for Public Policy Analysis of Fundação Getúlio Vargas, one of South America’s leading centers of research and education. He consults with governmental agencies and departments focused on public management, transparency and participation mechanisms.
Francisco has a multidisciplinary academic background, with Masters degrees in Social Anthropology, in International Management and an MBA in Marketing. He is currently finishing his Ph.D. in the History of Science and Technology & Epistemology.
Praveen Varshney, C.A.
Praveen Varshney has been a principal of Varshney Capital Corp., a Vancouver based merchant banking, venture capital and corporate advisory services firm, since 1991. Praveen obtained a Bachelor of Commerce degree from the University of British Columbia in 1987 and has been a Chartered Accountant since 1990.
He is a director or officer of various publicly traded companies including Canada Zinc Metals Corp. and LED Medical Diagnostics. He was a former director and officer of Carmanah Technologies Corp., one of Canada’s largest solar companies. Praveen is on UBC’s Sauder School of Business Faculty Advisory Board, UBC President Stephen Toope’s Strategic Advisory Council, and a number of other non-profit boards. He is a past recipient of Business in Vancouver’s 40 Under 40 Awards.
Doug Woodring is the founder of the Ocean Recovery Alliance (ORA), a non-profit organization focused on bringing innovative solutions, technology, collaborations and policy together to advance the health of the ocean. Two ORA programs, both announced at the 2010 Clinton Global Initiative, have been incorporated into programs at the United Nations Environment Programme (UNEP) and the World Bank.
Doug co-founded Project Kaisei which undertook one of the first science expeditions to the North Pacific Gyre, in 2009. He has been on the advisory board of the XPrize, and the Economist’s World Oceans Summit, and in 2011, he co-authored the UNEP’s Yearbook chapter on the danger of plastic in the ocean. He is also the founder of Plasticity at the Rio+20 Earth Summit, a one-day business conference focused on the future of plastic in terms of solutions, innovations, and opportunities.
He has a dual masters degree from The Wharton School (MBA) and Johns Hopkins University, School of Advanced International Studies, and a BA in Economics and Political Science from the University of California at Berkeley.
Unleashing potential, revealing value
We believe our business model will unleash the creative entrepreneurial potential of thousands, if not millions, of people around the world and make all of us look at waste plastic in a whole new way.
Revealing value, empowering people and unleashing potential is something that the founders of The Plastic Bank are good at.
We need your help to bring our vision to life – first in Lima, Peru, where we’re working to establish our first plastics repurposing centre.
Our goal is to create a world where the oceans are cleaner, the problem of waste plastic has been solved, and people are empowered to ascend from poverty.
Every year, over 300 million tons of new plastic is manufactured every year. About 7 million tons of that ends up in our oceans annually.
Plastic does not fully degrade. It breaks down into smaller pieces, but the Earth cannot absorb it like organic matter. These plastic fragments harm marine life, disrupt ocean ecology and contaminate the global food chain.
In our view, global social and environmental crises are linked – and so are the solutions. This means that the crisis of waste plastic is an industrial problem that requires an industrial solution – but not a solution based on old thinking. We need transformative thinking, like taking ocean-bound plastic and turning it into “social plastic.”
Social plastic is plastic waste that is harvested and repurposed for cause, a whole new paradigm for the repurposing of waste plastic. We believe this can really change the world.
We believe brands will be confronted by consumer movements that will pressure corporations to use more social plastic and more ocean plastic in their products. The Plastic Bank will do everything in our power to make sure corporations get the message.
We need your help to get started in Lima, and to fuel a movement to build worldwide consumer demand for social plastics.
New! By popular request we added a $1 reward.
Every contribution of any size is a vote for the Social Plastic movement. This is your way to show that you want to see companies use recycled Social Plastic instead of new plastics. If you ask for it, they will deliver. Together we can change the world. Every contribution acts as an online petition to prove that people want to help reduce poverty and plastic waste by purchasing products made from recycled Social Plastic.
$15 = Great Global Karma
Good global karma is what we’re all about. Thank you for sending good karma out into the world with your kind gift!
$25 = Tweat Shout Out and Karma
We will share our love with a special Twitter shout out. Plus give you some extra karma for your awesomeness.
$50 = Thank You Page Placement
Your name will be proudly added to our special Thank You page on our website, plus you'll get a special Twitter shout out.
$75 = Become a Change Maker
For your gift of $75, you become an honorary Change Maker and can opt-in to our exclusive Change Maker contact list. Change Makers are a special rank of community leader who receive advance notice of opportunities to make a real impact in the world.
$100 = Donated Harvesting Kit
For every donation of $100 or more, we will provide, in your name, a Safe Plastic Harvesting Start-up Kit to a member of The Plastic Bank. This kit will empower the member to accelerate their ascension from poverty while helping to remove more plastic waste per day. Plus, you get all the above great perks.
$500 = Historical Repurposed Gift
With a $500 donation you'll get a piece of history. Materials collected from The Plastic Bank’s very first clean-up launch will be repurposed into a special gift that will be sent to you by mail. This is the first official Social Plastic product made from "Social Plastic" which makes it a historic gift, plus all the above perks.
$2,500 = A Kilometer (.6 of a mile) of Beach Named After You
A kilometer of beach will be named after you in our online coastal maps. For an entire year that area will be cleaned in your name. You will receive the GPS co-ordinates to that exact location, plus all the above perks.
$10,000 = A Product Named After You
A product available for exchange at The Plastic Bank will be named after you
$50,000 = Name a Plastic Bank After You
One of the Plastic Banks will be named after you (in order of first to contribute)
$100,000 = 1st Facility Named After You
This historical 1st Plastic Bank facility will be named after you. The Plastic Bank will be a catalyst with the potential to change the world. This is your exclusive opportunity to create legacy through your name.
The Pilot Location
Currently our pilot project is set to launch in Lima Peru. We have selected this location based on a strategic partnership, which should make this the most favorable region to launch a pilot project with minimized expenses. Should the terms of our partnership change, or in the event that a more favorable partnership immerges, we will consider launching in an alternative location. Please note that the rewards mentioned above will stay the same in the event that any changes are made to the pilot location.
Other Ways You Can Help
Can’t donate? No worries! There’s lot’s of ways you can help, and we’re grateful for any kind of contribution.
The #1 thing = spread the word!
Please use the Indiegogo share tools – they’re handy and you can make tons of noise with just a few clicks!