Biomass Group
Colombo, Western Province, Sri Lanka
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About
Biomass Group's vision is to be the World’s Leading Global Bio Energy company transforming rural communities. Shocasing our model in Sri Lanka, we develop the abundant biomass resources of Sri Lanka to supply deforestation free, sustainable, ethical, certified fuelwood for local industry. From 2022 we intend to export biomass pellets (replacement for coal) to Japan. We have draft terms from a major Japanese trading house. Biomass Supplies employs 46 staff today of which 35 are Field Officers. We have registered 40,000 smallholder farmers as outgrower suppliers, c.90% of our connections are with the women of the household. Next step is to put in place a Village Coordinator program that will give us last mile access to the village level ecosystem for both fuelwood and certain cash crops. These ladies will be paid on a commission basis, and can expect to earn a minimum LKR 25,000 per month by being a Biomass Supplies Village Coordinator. We aim to enroll 1000 Women Coordinators and be a conduit to market for 1000 villages in Sri Lanka. This is a Food + Fuel +Livelihood Development Program that will have transformational impact on the rural communities that partner with us..And deliver strong profits in the process.
website
www.biomass-group.com
Email
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sectors
sustainability
How is your business helping to solve the health, social, or economic challenges created by COVID19?
Giving employment to women in village so they can stay in their village Giving access to market to farmers so they by-pass the myriad middle men that take a hit margin helping companies in Sri Lanka avoid deforestation by using certified ethical fuelwood Giving domestic companies an alternative to furnace oil for energy generation Helping Sri Lanka reduce its imports of fossil fuel
Does your business contribute most to recovery, response, or resilience?
No, our business doesn't impact these areas.
What is the stage of your product development?
I have a market-ready product/service. I could sell it to customers
What strengths does your team bring? Include skills and personal experience with the problem.
A Founder and Chairperson with training, skills, a strong business acumen and a passion to deliver impact in rural Sri Lanka and safeguard the natural environment. Also a lot of international experience a COO with significant supply chain experience in multi national companies A diverse core team consisting of operations management, logistics, sustainability, marketing, business development, engineering and R&D talent. And an IT partnership on a traceability platform PLanTX Backed by a 35 strong Field Officer network with connectivity to last mile village level ecosystems. (Thus far 20,000 out-growers have been migrated onto this platform. By end 2020 we anticipate all 50,000 farmer suppliers will be on the PLanTX platform)
What countries do you operate in?
Ultimate Holding company in the British Virgin Islands - 26 equity investors invested between 2012-2015 Main holding company in Singapore Operating company in Sri Lanka
Is your company headquartered in a US "Opportunity Zone"?
No

What is an opportunity zone?