About my Start-up
Ecovon believe that there is a better way of making building materials. That is why we are focusing our energy on completely rethinking and re-designing how the new generation of building materials is made. Ecovon are developing sustainably sourced, newly engineered wood made from coconut husk and sugar cane bagasse, supplying the global market with a formaldehyde-free bio-based wood alternative that are better for people and planet. Ecovon will bring the first non-additive, bio-based, renewable wood product to market which is naturally flame retardant and anti-fungal without added binders (glues). The physical properties are better than comparable engineered woods on the market currently, all which use additives and heavy chemicals to reach additional flame retardant properties while reducing our CO2 footprint, deforestation and enriching the lives of locals in coconut and sugarcane producing developing countries such as Ghana. The board material has been shown to exhibit excellent properties, which are comparable with or even superior to commercial wood based panels. Our product is stronger and more durable, priced considerably less, and greener. Coconut husk has the highest lignin content of any known plant and this helps the raw material to bind into a hard board without the addition of any damaging glue or binder. Due to its strength the board has the potential to be used for structural elements in buildings. It also has natural anti-fungal properties and burns three times slower than wood. The method is sustainable and environmentally friendly. The residual material of the coconut is used in its entirety. It is a good alternative to wood and helps to prevent deforestation. During production, glue and chemical agents do not need to be added. Furthermore, the production is CO2 neutral. It is inexpensive.
Why your idea is a “winner"?:
Ecovon will bring the first non-additive, bio-based, renewable wood product to market which is naturally flame retardant and anti-fungal without added binders (glues). The physical properties are better than comparable engineered woods on the market currently, all which use additives and heavy chemicals to reach additional flame retardant properties while reducing our CO2 footprint, deforestation and enriching the lives of locals in coconut and sugarcane producing developing countries such as Ghana.
What is your current or intended business/revenue model?:
Ecovon business model comprises of B2C and B2B . The company will generate revenue through the sales of the Ecovon board and Licencing of our technology
Ecovon through the B2C model will sell the boards to individual consumers who will use the product for various applications, Under the B2B, Ecovon will sell the boards to construction industries, furniture industries, Automotive and Commodity exporting industries for several custom applications
Do you have any Patent or IP registered (related to the solution that you are looking for an investment)?:
Ecovon is currently working on getting patent for our production process of binderless coconut board. We are currently using what is called trade mark secrets to protect our technology and production process
Has your technology already been implemented in any field/sector?:
Which market and customer need(s)/problem(s) is (are) your products(s)/service(s) going to solve?:
In the green building industry there is currently no bio-based paneling board made from 100% natural bio based fibers without added resin (glues), let alone a 100% natural flame retardant panel.
Deforestation: The rate of deforestation in Ghana is estimated to be one of the highest in the world after Togo and Nigeria .At an estimated annual rate of 2%, equivalent to 135,000 hectares per annum. (FAO, 2007)
Waste: Global production of coconut husks has been estimated at 23 million tonnes, while Ghana generates over 750000 tonnes yearly but no proper usage has been found yet. (UNCTAD, 2009),(KNUST Coconut Waste Spring,2016)
Urea formaldehyde used as synthetic binder in wood based panel board has been recognized by the WHO as human carcinogen which has health related risks such as cancer, leukemia, watery eyes, burning sensation of the (eyes, nose and throat), coughing, nausea and skin irritation on the end users or customers.
Building industry as doors, door inserts, door frames, wall panelling, flooring, false
roofing, partition panels, roofing sheets etc.
Furniture industry as table, chairs, wardrobes, computer table, cot, TV cabinets, dining table, table tops for cafeteria, school benches etc.
Automotive industry as backing for seats, roof insulation boards, side door paneling,
Railway seats, walls, roof etc.