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0%
100.000 €

Cancelled

Circular parts

Location Pin Svg
Porto, PT

instalment

monthly

term

5 anos

yearly interest

6.4%

risk rating

C+

Operations for a circular economy project in the auto-industry

Description

BAPT - Business Automotive Parts & Technology is a recent company created by Filipe Freitas and Jorge Rebelo, two professionals in the automotive industry with over 23 years of experience. The company is dedicated to the business of trading auto parts for the Portuguese and PALOP markets, with exclusive representation of some brands in the sector and, one of its greatest strengths, reconditioned parts, that avoid the use of new resources in their production and the early recycling of the equipment.

The funding raised through this campaign will help the company place its first orders for material and satisfy orders for the Portuguese and international markets (PALOPs).

The Impact

Direct

  • Promotion of a circular economy in the automotive industry: The repair and reuse of existing parts and components enable maximization of a product’s lifecycle, which reduces resources consumption, that would be used to produce new parts, and waste, since the pieces would be otherwise discarded after their first use. These are all strategies related to the principles of a circular economy such as prioritizing renewable inputs, maximizing product use, and recovering by-products and waste.
  • Reduction of automotive waste and use of resources: as a marketplace, the promoter’s company sells reconditioned second-hand parts and components that will be reused and installed in a new vehicle. They estimate the sale of 2000 units, which represent 8.5 tons of equipment that will be reused every year and would otherwise be discarded. At the same time, the promoter performs the recovery of second-hand vehicle control units, which are technological components, reconditioning and reprograming them for resale and later use in another vehicle.

Indirect

  • Improving productive employment in the circular economy sector: for their business of reconditioning the second-hand control units of vehicles, the promoter also sells the equipment that enables the reprogramming to automobile repair shops and offers technical training to the shops’ personnel.

Sustainable Development Goals

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The Promoter

About 4.3 B. A. Parts & Technologies, Lda

BAPT - Business Automotive Parts & Technologies is a company that represents a set of manufacturers of IAM (Automotive Parts and Components in the Independent Aftermarket) solutions and innovations. The promoter operates at a European level and will soon enter the Iberian market.

BAPT organizes and provides solutions for auto repairs and restorations. Its network of suppliers is chosen following the requirements and standards of first equipment and Manufacturers. The goal is to unite ideas, projects, and investments to follow the future of the independent automotive market.

The team

Filipe Freitas

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Manager & Sales Director Europe

Jorge Rebelo

linkedin
Business Development Manager

Business Model

In the initial phase, BAPT's priority will be to support Aftermarket (IAM) Operators and Distributors, finding answers to circular economy challenges and creating tech entrepreneurship proposals to develop the sector. The concept will focus on aftermarket parts, modernization, evolution, software, engineering, and diagnostic intelligence, empowering and enabling everyone to meet the challenges of mobility and technological demands today and in the near future.

Active since

2023

Fiscal country

PT

Operating In

"Portugal"

Industry

Mobility

Women Shareholders

No

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