When a member of the Hult Founders Lab, we celebrate their success, as a team.
Recently, one of the founders in the Hult Founders Lab, Cara Regier, competed at the Vertex Summit, in November. Cara placed in the top three!
Interview with Cara:
Lars- “So, Cara, you’re part of the Hult Founders Lab incubator program this fall  with your startup Kazye.”
Lars- “How did you come up with your idea?”
Cara- “It started with realizing how many of our day-to-day items are actually made out of plastic and a conversation with a friend. He told me “yes, recycling is a step closer to phasing out but Seychelles (my home country) doesn’t actually have a recycling facility”. It made me think about how I can help an island state dependent on the ocean to rid their increase in plastic pollution. Why not help them and other countries enter the circular economy to sustain their phasing out of single-use plastics and encourage projects to create awareness about the impact of plastic pollution and microplastic.”
Lars- “What challenges have you faced so far, and how have you adapted to them?”
Cara- “Initially I wanted to 3D print recycled items but it turned out to be a logistical nightmare and in return wouldn’t have the positive impact on the local economy I would want to have. Talking to mentors, friends & family and investors has helped narrow down what can have the biggest impact while keeping profits.”
Lars- “What was your greatest benefit from the HFL program so far?”
Cara- “Feedback and Support. Critical feedback to be specific. So-called “roasting” sessions as they like to call it really highlight where the problems in your idea lay that you haven’t considered yet. But it is also an ecosystem of support and shared knowledge which has helped gain confidence in my idea and learn about new ways to improve my idea.”
Lars- “You have also been part of the Vertex competition, and pitched very successfully at the Vertex Summit.”
Lars- “How was the Vertex program, and what was the best thing about it?”
Cara- “The Vertex was a great professional networking opportunity, especially for investors and startups. I have made amazing connections that I am still in contact with that help me develop my idea. The Pitch Competition with judges for the startups was great. It was my first pitch but I was confident enough to go through with it as you were still within your “safe” ecosystem of fellow startups you’ve worked alongside with. It helps to take that first step out of your comfort zone to present your idea you’re so passionate about in front of an audience which is there to criticize you.”
Lars- “What did you think of the Vertex Summit?”
Lars- “How did it feel to place 3rd for best competition pitch, and be granted a place in a renowned accelerator, and how do you think it will help your idea?”
Cara- “People came to me after the award ceremony trying to comfort me I made “only” third place. I told them I could not be more happy and proud of myself as I did not expect anything at all. I am very grateful and happy I took this scary step. Finding out I would get into the accelerator was just the icing on top. I am confident this is the beginning of an amazing journey where I can find team members, partnerships and mentorship.”
All of us here at the Hult Founders Lab congratulate Cara and her business with this milestone. Good job!