Rise Invests in Loop: Transforming Waste into Jobs and Impact

By Rise
21 August 2023
This investment underscores Rise's commitment to driving positive change and fostering a more sustainable future.

Loop, a trailblazing social enterprise since 2017, is changing the game by upcycling corporate textile waste into practical products, while also creating job opportunities for marginalised individuals. From refugees and migrants to those in the justice system and people with disabilities, Loop's initiatives empower communities while diverting textiles from landfills.

Justine Colyer, CEO of Rise, said, “We're proud to support their vision of reducing waste, and building employment pathways for those who need them most. Together, we can create positive change across industries, communities, and the environment."

Franco Randazzo, CEO of Loop, said, We are incredibly grateful for Rise’s investment into Loop. This type of investment signifies the shared belief in the potential for positive change through innovative solutions. By collaborating, we are not only advancing the cause of sustainability but also fostering a sense of community and interconnectedness. This alignment is a testament of the transformative power of partnerships that bring together diverse expertise and resources.

This investment will accelerate Loop's impact, driving environmental responsibility and opening doors to employment for underserved populations. You can learn more about Loop Upcycling here.
Rise is part of the Impact Collective, a group of Not-For-Profit organisations who help invest in other start-up organisations who have a social purpose. We do this through an invitation to pitch ideas to the group, known as the 'Dolphin Tank', run by Impact Seed experts. Read more about Impact Collecive here.
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