By Charles Loos, Bernard Cooker, and Mindy Collier, Lee Enterprises Consulting Special to The Digest To get a new plant started, management must provide the operating staff with training and a full complement of written procedures covering safety, operations, emergencies and environmental compliance. Though the process of defining and creating the necessary training and procedures […]
By Bernard Cooker, John Diecker, and Daniel Lane, Lee Enterprises Consulting Special to The Digest This article is the seventh in a series on the information needed by a Capital Investor, received from the Project Developer (PD), for the Capital Investor to make an informed biotechnology investment. Refs. 1 through 6 are to previous articles […]
By Lorenz Bauer and Charles Loos, Lee Enterprises Consulting Special to The Digest Investing in new bio-economy technologies involves the inherent perils associated with building new plants and introducing new products into existing markets. However, one avoidable peril is basing decisions on poorly planned research and development programs. An outside evaluation of the experimental plan […]
By Terry Mazanec, Bob Kodrzycki, and Lorenz Bauer, Lee Enterprises Consulting Special to The Digest (Note: This is Part 5 of an 11-part series. Part 1 is here. Part 2 is here. Part 3 is here. Part 4 is here.) What are: Ali vs Frazier, Red Sox vs Yankees, and Gevo vs Butamax? If you said […]
By Lorenz Bauer, Gerald Kutney and Bob Kodrzycki, Lee Enterprises Consulting Special to The Digest (Note: This is Part 4 of an 11-part series. Part 1 is here. Part 2 is here. Part 3 is here.) Investors focused on renewable chemicals and fuels are looking for projects with the greatest commercial potential. However, within the plethora […]
By Gerald Kutney and Bob Kodrzycki, Lee Enterprises Consulting Special to The Digest (Note: This is Part 3 of an 11-part series. Part 1 is here. Part 2 is here.) A business plan contains basically only two major subjects: The business case for the investment: ROI and pro forma Risk management. Keep in mind that […]
By Gerald Kutney, Lee Enterprises Consulting Special to The Digest This is Part 2 of an 11-part series. Part 1 is here. Developing a pro forma projection for an investment opportunity is the first step for an entrepreneur seeking capital, and also the first screening level financing institutions use to evaluate such proposals. There are […]
By Wayne Lee and Gerald Kutney, Lee Enterprise Consulting Special to The Digest First of an 11-part series This article is the introduction to a series of articles[1], reviewing the typical steps that investors consider before providing financial support to biofuels or biochemical projects. There is often disconnect between those seeking funding for new and […]
by Mark Warner, PE, Founder, Warner Advisors LLC Special to The Digest Participating in raising over a billion dollars of advanced biotechnology funding has evolved my perspective and developed some fundamental lessons learned. Through trial and error, I have gained first-hand experience as to the approaches that yield success. This paper will build on my previously […]
By Lorenz Bauer Ph.D., Lee Enterprises Consulting “Water, water, everywhere, And all the boards did shrink; Water, water, everywhere, Nor any drop to drink.” Samuel Coleridge Managing the water in biomass processes like food production, fermentations, pyrolysis, and biodiesel production is critical to success. There is an increasing appreciation of the value of clean water. The […]
