Task 1. FTO and IPR analysis (Month 1-2) Task manager: Erez Maor. Considering our end users (their countries of operation, specific production and material properties requirement) and our preliminary FTO study, an extensive FTO will be carried out to produce a report evaluating regulations in EU, US, Israel, Turkey and Japan for composite materials used in automotive and aerospace industry. We are also going to evaluate the possibility of protecting the scaled-up SP1 production process.
Task 2. Technical analysis (Month 2-3) Task manager: Asa Eitan. From the FTO analysis produced in Task 1, a database with the legal requirements specific to each region (US, EU, Israel, Turkey and Japan) will be made to accurately define the KPI required by our customers to shape technical plan for phase II related to the production scale-up. In this regard, we will analyse production-specific parameters which control the stability, rate of fermentation and batch repeatability using data from the pilot production.
Task 3. Business plan (Month 2-3) Task manager: Jon Lippin. With the legal requirements for exploitation and clearly identified regulation-related needs of each area in mind we will develop a business plan. It will include a more detailed situation analysis of the market sector (including its structure, size, drivers, market, and technology trends) and will also evaluate target pricing, main competitors, PESTEL, SWOT and DAFO analysis, timeline, route-to-market, penetration strategy, market inception, full-scale commercialization, and the specific barriers to overcome for successful commercialization. The business plan will also include a detailed plan for dissemination activities and a list of potential partners/customers for product commercialization. It will be done considering achieved the improved production yield in the scale-up.
Task 4. Financial feasibility. (Month 3-4) Task Manager: Jon Lippin. Based on the business model developed during Task 3, a financial viability analysis will be carried out at this point. The financial projection for the first five years presented will be validated here and we will search for new key stakeholders via our existing business contacts and new client communication channels to secure the advancement of our project. The financial feasibility analysis will indicate pricing and costs, forecast sales, EBITDA, Return of Investment, dissemination strategy, timeline to reach each target sector and their respective risk analysis.
