Silverstream Recycling was started in 2017 as a subsidiary of Silverstream Diversified Business Limited, under the leadership of the CEO, Biodun Collins Ogundipe. Waste material collection started early in the year, while first granules production was achieved by December 2017
The venture started as a humble beginning initiated by the CEO, due to the passion for clean city initiatives and environmental protection. It all started by participating in the Nigerian Bank of Industry’s (BOI) Youth Entrepreneurship Support Program, an entrepreneurship funding competition. Silverstream Recycling was shortlisted and eventually won a loan to partly fund the business initiative. Other required funds were then raised by the management team to get the factory started at a small scale. We believe in starting small with the little we could, learning the challenges of waste recycling business in Nigeria, and providing ourselves with the pilot scheme to get our process right.