Project Title: Lab Indigo: Regenerative Crops and Sustainable Products

Lab Indigo

Details
Project Title Lab Indigo: Regenerative Crops and Sustainable Products
Project Topics Corporate Social Responsibility Customer Service & Account Management Growth Strategy Legal, Regulatory, Compliance Marketing Product Design & Development Sales & Business Development
Skills & Expertise
Project Synopsis: Challenge/Opportunity
This Industry Capstone Program project is with the company Lab Indigo and the faculty advisor is Professor Frank Gallucci.

General Information:

The company was founded by Olga Reiche (Lead Designer) in 2006. Having a long experience in Fiber Arts and community and sustainable business projects in the artisan industry, Lab Indigo was born with the intention to consolidate knowledge and continue with hand made luxury artisan work and develop circular economy projects.

Lab Indigo is a sustainable eco-fashion brand that works with indigenous weavers creating woven textiles. We produce naturally-dyed threads that are used by a team of weavers - mostly women in different regions of Guatemala; helping them acquire and earn income directly from their homes. Lab Indigo aims to enhance educational, collaborative and cultural work done with weavers, institutions and associations that seek to promote the same principles.

To learn more about this company, check out their Instagram! @indigocustomtextile
Project Synopsis: Activities/Actions Required
The company will work to implement through three main aspects:

  • Value added process to generate income 
  • Revitalize cultural and agricultural aspects of different communities in Guatemala through three different crops 
  • Sustainable practices and production methods

Investment Projection:
  • $50,000 6 months 
  • $100,000 1 year 
  • $500,000 3 years

Plan of Action: 
  • Grow sustainable crops 
  • Enhance Lab/Studio work for product and project development 
  • Look for niche markets 
  • Educational programs 
  • Build a world class textile collection

The company aims to complete all the steps from the seed to the finished product with a sustainable approach, integrating a circular economy model that can result in quality products, good environmental practices, generating income for rural indigenous artisans and farmers in different regions of Guatemala. The challenge is how to maintain economically viable while waiting for harvesting time.

The student team will assist with finding the proper available agriculture land and seeds to start the plantation of the best Indigo in the world (Indigofera Guatemalensis and Indigofera suffruticosa), and Brown Cotton (Hirsitum and Linen crops). In the meantime that the crops develop, finding appropriate clients and niches to promote our future harvested and processed fibers and dye. In addition, we need to promote our finished textile products, workshops on natural dyes and doing consulting.
Project Synopsis: Expected Results
The goal is to achieve successful crops and become suppliers of the three products of our harvest, which we would have in 8 months. Additionally, find customers and niches for our sustainable luxury finished products already in production.

Project Timeline

Lab Indigo - Lab Indigo: Regenerative Crops and Sustainable Products
Due Date
Activities
Deliverables
Status
Action
Tue, 09/03/24
12:00 AM UTC
Industry Capstone Program Webpage & Contact Information
To learn more about the Industry Capstone Program, please click the link below:
https://www.stevens.edu/industry-capstone

If you have any questions, comments, or concerns throughout the semester please do not hesitate to contact Christina Alwell, Manager of the Industry Capstone Program. Her email is christina.alwell@stevens.edu and she is available for in-person and Zoom appointments.
No Deliverables
No deliverables are required for this action item.
Guiding Questions:
To learn more about the Industry Capstone Program, please click the link below:
https://www.stevens.edu/industry-capstone

If you have any questions, comments, or concerns throughout the semester please do not hesitate to contact Christina Alwell, Manager of the Industry Capstone Program. Her email is christina.alwell@stevens.edu and she is available for in-person and Zoom appointments.
Tue, 09/03/24
12:00 AM UTC
2024-25 Academic Calendar
Please see the link below for the 2024-25 academic calendar to view all important dates, holidays, and events.

https://www.stevens.edu/office-of-the-registrar/academic-calendar
No Deliverables
No deliverables are required for this action item.
Guiding Questions:
Please see the link below for the 2024-25 academic calendar to view all important dates, holidays, and events.

https://www.stevens.edu/office-of-the-registrar/academic-calendar
Location: Virtual
Tue, 09/03/24
12:00 AM UTC
First Day of Classes & Last Day of Classes
The first day of classes is September 3, 2024. The last day of classes is December 13, 2024.

In mid-October/early November students will virtually share their midterm presentations with School of Business faculty and staff. In December students will virtually share their final presentations with School of Business faculty, staff, and the corporate partner(s).
No Deliverables
No deliverables are required for this action item.
Guiding Questions:
The first day of classes is September 3, 2024. The last day of classes is December 13, 2024.

In mid-October/early November students will virtually share their midterm presentations with School of Business faculty and staff. In December students will virtually share their final presentations with School of Business faculty, staff, and the corporate partner(s).
Location: In Person
Tue, 09/03/24
12:00 PM UTC
Stevens Brand Guidelines
The Stevens Brand Guidelines webpage is a helpful resource to utilize throughout the semester! Feel free to download a virtual background (from this webpage) to utilize for Zoom meetings with your faculty advisor, student team, and corporate partner(s). Students can also view the PowerPoint template which will be utilized for the midterm and final presentations.

https://www.stevens.edu/brandguide
No Deliverables
No deliverables are required for this action item.
Guiding Questions:
The Stevens Brand Guidelines webpage is a helpful resource to utilize throughout the semester! Feel free to download a virtual background (from this webpage) to utilize for Zoom meetings with your faculty advisor, student team, and corporate partner(s). Students can also view the PowerPoint template which will be utilized for the midterm and final presentations.

https://www.stevens.edu/brandguide
Thu, 11/14/24
11:59 PM EST (UTC-05:00)
Student Temperature Check #1: Midterm Feedback
Required Evaluation
Evaluation submission is required.
Thu, 11/14/24
11:59 PM EST (UTC-05:00)
Midterm Presentation Submission
Required Action Item
Please submit a copy of your midterm presentation for our records (one submission per team).
Required Deliverable
Deliverable submission is required.
Guiding Questions:
Please submit a copy of your midterm presentation for our records (one submission per team).
Fri, 12/20/24
5:00 PM EST (UTC-05:00)
Final Presentation Submission
Required Deliverable
Required Deliverable
Deliverable submission is required.
Deliverable Instructions:
Please submit a copy of your final presentation for our records (one submission per team).
Fri, 12/20/24
5:00 PM EST (UTC-05:00)
Student Temperature Check #2: Final Feedback
Required Evaluation
Evaluation submission is required.