Trichy student gets innovator award
A 23-year-old college studentâ€™s startup has bagged the (TNSI) 2020 award instituted by Entrepreneurship Development and Innovation Institute (EDII) Tamil Nadu.
A 23-year-old college studentâ€™s
startup in has bagged the (TNSI) 2020 award instituted by Entrepreneurship
Development and Innovation Institute (EDII) Tamil Nadu.
The business idea, which offers waste
management solution by recycling the cloth waste generated from tailor shops
and wholesale textile units into household items like curtains and carpets, was
awarded a cash prize of Rs 1 lakh by the state government.
Re-Tailors (recycling tailors) is a
business model pitched by Shrinidhi Umanathan, a final year M. Com student of
Cauvery College for Women in Trichy. The objective is to collect cloth scrap
from tailor shops and wholesale textile units, clean them and then
conceptualize ideas to design curtains, carpets, pillow covers and doormats.
The shops pay Rs 10 for every 500 kg of cloth waste handed over to the startup.
The end products are sold through e-commerce platforms.
The startup employs at least 50
freelancers including women and 18 persons with disabilities (PwD) equipped
with sewing machines. The freelancers are provided with the cloth scrap and
design pattern to stitch the end product. The prize money awarded for the top
10 submissions across the state will have to be utilized solely for business
Source: The Times Of India