DOUBLE A WILLOW 1 DENNIS J RAK 2 Double A Willow is licensed by the SUNY Research Foundation to market hybrid shrub willow varieties developed by SUNY -ESF Double A Willow 3 20 Years of research Only active willow breeding program in North America Wide range of genetic diversity Yield increases of 1020% Insect and disease tolerance. Royalty base to fund future research and development. Why SUNY-ESF developed varieties? 4 Renewable energy source Closed loop biomass CO2 neutral Renewable energy credits Increased demand for residues from pellet manufacturing Decrease in residues from depressed logging industry. Factors influencing biomass demand. 5 Wood burning power plants. Coal burning power plants Combined heat and power projects Cellulosic Ethanol and other biofuels Market Development 6 Large acreage needed 5-10 thousand acres Equipment needs Agronomic expertise Establishment cost Long term sales contract necessary Limited market area (50 mile radius) Project Considerations 7 Equipment research and purchase Business Plan development Project financing Explore federal crop insurance State and Federal support Herbicide registration Double A Willow Iniatives Project Development 8 y Investors can participate at a variety of levels, can take positions as managing or limited partners Double A Willow Private Investor Partners Commercial Lenders Public Funding & Support Willow Biomass, LLC Asset Management Group Revolving Project Finance Grow/Harvest Project A Project finance and implementation Grow/Harvest Project B Project finance and implementation Willow Nursery Production Enterprise Project Implementation and Management Services Grow/Harvest Project C Project finance and implementation Willow Biomass LLC 9 y Business Model – Willow Biomass, LLC { { Create secure, profitable investment opportunities in local alternative energy Get shrub willow growing in commercial quantities Ù Develop project opportunities | | | Ù Ù Off-Take Agreements Land Enrollment Project Finance Seed money for project startup Effective, professional management of individual projects