Commercialization of green biocide

Solving industrial water pollution and contamination caused by conventional chemicals and pathogenic bacteria.

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I confirm that I am fully aware of the eligibility criteria, and based on its description, I am eligible to apply to the CSV Prize 2017.

  • Yes, I'm eligible

Preferred language

  • English

Organization name

Biodx Biological Chemical Technologies

Year founded

2005

Initiative stage

  • Scaling (the solution has passed the previous stages and is growing its impact on a regional or global scale)

Annual budget in 2017 (USD)

  • $1mil - $5mil

Number of beneficiaries impacted so far

  • 10 - 50

Organization type

  • For-profit

Secondary Focus Area

  • Nutrition

Headquarters location: Country

  • South Africa

Headquarters location: City

Modderfontein,
Johannesburg.

Location(s) of impact

South Africa- Western Cape , Gauteng
Netherlands- Zeist, Housewarming.
Canada- Ontario
USA- North Little Rock Arizona

Website

www.biodx.co

Twitter URL

@BiodxSA

Problem: What problem is this initiative trying to address?

Conventional chemical usage in industrial processes.

Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?

Sustainable green biocide from a citrus extract that biodegrades and is not harmful to the environment.

Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work

We have spend $ 5.7 M
We have created 16 direct jobs
We have created 9 indirect jobs

Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?

SPII- R500K
TIA- R14.8M
IDC- R40M
We have engaged with the market and expect to be selling R4.0M/month by Q3 2018

Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?

Active ingredient is a natural extract from citrus fruit stabilized with a biodegradable compound.

Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.

Cancellation of government tender in 2004 due to non compliance to the green initiative.

Where did you hear about the Nestlé Creating Shared Value Prize?

  • Upon recommendation from others

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