Innovation Strategic green innovation to create financial gains for stakeholders Stakeholder wealth Automatic growth Greener planet Customers benefit Presented by: Seyed Mohseni Website: www.samad-power.co.uk Email: seyed@samad-power.co.uk 1 Business proposition Key opportunities Change of energy environment in global level Make a significant contribution towards the reduction of carbon emissions The Electricity Market Reform, the Heat Strategy and the development of a smarter grid, are designed to replace current infrastructure Solution An ultra high efficient combined heat and power (CHP) domestic boiler Benefits to domestic consumers (The results for an average UK household) 25% higher energy efficiency than conventional units Average of £1000 of revenue generation via saving in energy bills and FIT Up to 2 tonnes of annual CO2 reduction 2 Team Executive management: • CEO: Dr Seyed Mohseni Serial entrepreneur with over 15 years of successful track record • CFO: Nayab Haider Ex KPMG accountant with 40 years of relevant experience • CTO: Dr Esmail Najafi Managed technical project in automotive and aerospace sector for last 7 years Advisors: 6 industrial and academic consultants Partners: Supporters: A number of Angel investors and Grants through governments bodies 3 Product A dual function micro CHP boiler has been developed to generate 2 kW of electricity and 10 to 40 kW of heat. £0.7 m has been invested in the development so far Technology: Superior gas burning micro gas turbine Life:15 years and guaranteed for 5 years Anticipated consumer price: £4000 - Payback is less than 4 yrs Advantages over other micro CHP technologies 1. Lighter, highest reliability and availability 2. Highest power density IP: Full patent protection with two submissions Other applications: Automotive, Aerospace, Marine, Air-conditioning 4 Commercial analysis Market size: 1.5 m domestic boilers sold in UK and 50 m more in global market Market structure: UK market is dominated by big players (Baxi, Vailant, Worcester Bosch and Ariston) Competition: Five other micro CHP boiler developers working on different technologies (our differentiation is superior technology and economic benefits) Routes to market: 1. Energy utility companies 2. New home developers 3. Conventional route 4. Energy agreement model (Boiler for free) Sale forecast 50,000 40,000 30,000 20,000 10,000 0 2012 2014 2016 2018 2020 Exit routes: 1. Trade Sale 2. AIM listing proposition: 1. £800k investment with 7 fold return in 3 to 5 years 2. Non-executive director for commercialisation