OLIO is a UK-based mobile app, it connects neighbors for sharing by giving away, getting, borrowing or lending things for free within your community, aiming to reduce household and food waste.

This circular approach entails creating products within a closed-loop system where they are intended to be taken back, reconditioned or fed back into the production cycle to create new high-value products. It challenges the traditional model of lots of customers buying individual units by offering higher-value, longer-term products and ensuring they are utilized — this can involve repair and remanufacture, supporting resale markets or offering upgrades.