From 2014 to the end of 2017, SUCOOL (https://sucool.sabanciuniv.edu/tr) supported 65 initiatives in their programs. 46 of them graduated by completing the program. 23 of the 46 graduates have established companies and continue to increase their revenues every month, 13 of them have received external funds, 11 of them have established international operations and sales. One of these, the surplus food utilization and waste management platform, Excess Food has received an investment from abroad.
Excess Food was established in 2015 to find solutions to Climate Action with a technology-based initiative. Carbon emissions caused by food waste constitute 8% of carbon emissions that cause Climate Change. To create technology-based solutions to reduce food waste by 2030, Excess Food started to raise awareness on the issue in the private sector in 2016 and as an impact-oriented initiative, it aimed to draw attention to the 2030 Sustainable Global Goals, and create new initiatives.
With the sustainable financing model revenue it will provide, Excess Food was established with the vision of investing in the development of Technology Solutions and Food Banking that Prevent Food Waste, and at the same time provides its stakeholders with the opportunity to earn income from a good job.
- CategoryGood practices
- Type of fileWebsite