Did you know that approximately 40 percent of the world’s population — 2.6 billion people — has no access to a toilet? That fact is sobering from a humanitarian perspective and presents a profound market opportunity for any entrepreneur who can develop a simple, cheap, scaleable solution to this serious health problem.
According to a report in the New York Times, Swedish entrepreneur Anders Wilhelmson has developed and tested a biodegradable plastic bag that acts as a single-use toilet for urban slums in the developing world. The Peepoo can be buried after use, where a layer of urea crystals kills off pathogens that produce disease and converts the waste into fertilizer.
Millions of people in the developing world die every year as a result of open defecation. Wilhelmson has tested the Peepoo extensively in Kenya and India and is now planning to sell his product for about two or three cents a bag.
Start-ups to enter 2012 Telstra Australian Business Awards
Want an ad like this?Entries are open for the Telstra Australian Business Awards. The HTC Start-Up Award has been introduced for businesses operating between one and three years. Now in their 20th year, the Awards offer $500,000 in cash and prizes for small and medium businesses.
To enter or nominate a business visit telstrabusinessawards.com
