Proyect aim: Connecting restaurants, cities and contractors through an easy-to-use web platform. SwiftComply makes hospitality compliance easy
What do you do?
Regulation is a huge burden for hospitality businesses adding cost and reducing competitiveness yet public-sector authorities have a responsibility to ensure that food businesses are safe and present no danger to the public or to the environment. SwiftComply has identified a unique and exciting business opportunity to solve this problem by creating a technology marketplace to connect the hospitality sector, compliance vendors and regulators in one platform which reduces the financial and administrative burden of regulation for each of the stakeholders.
SwiftComply is starting with Fat, Oil and Grease regulation, an emerging and worsening problem that causes disgusting “fatbergs” in Cities everywhere, resulting in pollution of water and a deterioration of the environment. SwiftComply’s solution not only facilitates the effective collection and recovery of this waste, it also secures this waste as a valuable feedstock for anaerobic digestion at wastewater treatment plants.
At SwiftComply we firmly believe that technology can make society better, specifically around transparency of government procedures. It makes us sad that the governments in general is usually the last area to improve for the greater good – and they are responsible for looking after the needs and well-being of all people! Applying software and new business models here can drastically improve how governments interact with small businesses for better environmental outcomes.
Which one is the impact in Europe?
The EU estimates the total burden of regulation on business as 3% of GDP, or approx €500 Billion. When we drill down into the hospitality sector only, and eliminate employment and company law to focus outsourced services in food, environmental, building and fire compliance, the potential impact is approximately €30 Billion.
“We are honoured to be shortlisted for this award, and I am proud of this recognition for my team who work tirelessly to make restaurant compliance easy. We are excited to attend the European finals and look forward to meeting the other amazing companies that have been shortlisted.” Michael O’Dwyer, Swifcomply´s CEO