ASPIRE: 2022 Finalist – Circular economy innovation
One person’s trash is another person’s treasure and the Advisory System for Processing Information and Resource Exchange (ASPIRE) has created an online marketplace to capitalise on this premise, offering businesses the opportunity to trade their waste as a resource.
Using this platform, businesses can upload their waste or excess resources and be matched with other local businesses in need of those materials. By doing this, ASPIRE helps businesses reduce, reuse, repurpose, and recycle materials so they can become active players in the circular economy. In addition to matchmaking, the digital platform also helps businesses track their impact through a portal dashboard.
To date, more than 1,000 Australian businesses are registered on the platform, and around 50,000 tonnes of waste has been diverted from landfill.