"We focus entirely on the circular economy"
LIOF helps this entrepreneur with:
LIOF helps this entrepreneur with:
Sharp on sustainability. That's where LIOF could help. "In this early phase, LIOF facilitated us to further develop the product and get to the first sale." Martin Schreurs, Investment Manager at LIOF: "For us, StoneCycling is a crystal clear example of an innovative company with an eye for sustainability. It was therefore not difficult to decide to support these entrepreneurs. I am proud of the men's achievements and pleased that we were able to contribute." LIOF did so with a PoC (Proof of Concept) loan and subsidies. Ward: "In addition, LIOF gave us valuable advice on how to further professionalize our company."
LIOF and StoneCycling
Ward Massa, managing director and co-founder of StoneCycling, explains:
Designed bricks from pulverized waste
"We started out with an idea: can you make new building materials from construction and demolition waste?" reflects Ward. The idea for StoneCycling came about ten years ago, when co-founder Tom van Soest was studying at the Design Academy in Eindhoven. As his graduation project, he created designer bricks that consisted largely of pulverized waste. "This graduation project led to a prototype and our first potential customers," says Ward.
22,830 kilograms of construction waste in the facade
In 2015 the first project was a fact. In Rotterdam, a building was constructed from WasteBasedBricks from StoneCycling. The exterior facade incorporates 22,830 kilos of construction waste. Projects like this don't happen overnight, Ward emphasises: "The market in which we operate is a long-term one. The lead time of projects can easily be several years. It is therefore necessary to invest heavily before even one brick is laid. In product development, marketing and sales.
'StoneCycling is a real network organisation'
.The men don't do this further professionalisation alone. StoneCycling is a real network organisation. Ward: "We work together with many different companies. From recycling companies in the region to producers, knowledge institutions and also other financiers, such as Rabobank Venlo."
"We focus entirely on the circular economy"
.260,000 kilograms of waste in New York
In 2018, StoneCycling delivered bricks for a residential building on 11th Avenue in New York, the largest project to date. 260,000 kilograms of waste were used to produce these bricks. "A beautiful project that we are proud of. But we are proud of our customers anyway. They mainly consist of innovative project developers and architects who dare to stick their necks out with high-profile and sustainable projects."
'We are only at 1% of where we want to be'
.What the men can also be proud of is the development of their company. StoneCycling has now completed over sixty projects in ten countries for high-profile names, including Starbucks. And today, the company employs seven people. But Ward and Tom are still far from where they want to be. To continue growing and developing, Ward is happy to share some tips for other entrepreneurs.
"Developing an innovative product takes naivety, is our motto."
'Keep pushing and learning'
Ward: "Looking back, it's been quite a journey to get to where we are now. Our naivety in the initial phase ensured that we continued to work and learn. We now know a little more, but at the same time we realize that we are only at 1% of where we want to be. In addition, involving professionals who can facilitate entrepreneurs is extremely important. That's how you keep getting one step further."
KVK Innovation Top 100 2020: StoneCycling at number 4! More than 330 Dutch entrepreneurs registered for the 16th edition of the KVK Innovation Top 100. StoneCycling reached the 4th place this year! KVK presents this top 100 every year. A beautiful showcase of successful innovations from small and medium-sized enterprises. Did you make it into the top 100 as an entrepreneur? Then you show that as a company you are leading and innovative in your industry. Read more at www.kvkinnovatietop100.nl. Building with Waste. Watch this space.