Energy Department Announces up to $2.5 Million to Deploy Fuel Cell Powered Baggage Vehicles at Commercial Airports
As part of President Obama's all-of-the-above energy strategy to reduce America's reliance on foreign oil, the Energy Department today announced up to $2.5 million available this year to demonstrate and deploy fuel cell electric vehicles for transporting passenger baggage at major U.S. airports.
Energy Department Announces Up to $15 Million to Research Biomass-Based Supplements for Traditional Fuels
As part of President Obama's blueprint for an economy fueled by homegrown and alternative energy sources, the Energy Department announced today up to $15 million available to demonstrate biomass-based oil supplements that can be blended with petroleum, helping the United States to reduce foreign oil use, diversify the nation's energy portfolio, and create jobs for American workers
Energy Department Announces up to $10 Million to Promote Zero Emission Cargo Transport Vehicles
Energy Secretary Steven Chu today announced up to $10 million available this year to demonstrate and deploy electric transportation technologies for cargo vehicles, such as trucks and forklifts.
Department of Energy Announces Up to $6 Million to Collect Performance Data on Fuel Cell Electric Vehicles
As part of President Obama's all-of-the-above energy strategy to reduce America's reliance on foreign oil, the Energy Department today announced up to $6 million available this year to collect and analyze valuable performance and durability data for light-duty fuel cell electric vehicles (FCEVs).
CPS Powershot(R) The only sustainable, renewable, non-toxic, octane boosting, biofuel additive on the market
Technology
Financials
The building of a GTBE manufacturing facility preferably at the back end of a biodiesel manufacturing facility.
| Funding Round | Funding Type | Funding date | Funding Source/ Investors | Amount | Pre-Money valuation |
|---|---|---|---|---|---|
| Other | Grant | NC State | 50000 |
CPS Biofuels has developed patented methods for producing glycerol tert-butyl ether (GTBE), a green, renewable, sustainable, non-toxic fuel additive which the company has been selling under the trademarked name CPS PowerShot®. CPS PowerShot can boost octane in existing fuel systems, which will result in improved fuel economy, reduced greenhouse gas and particulate emissions, and longer engine life. Independent tests have shown that CPS PowerShot is a better fuel oxygenate and octane booster than currently available retail based fuel additives. Additionally, CPS PowerShot is manufactured using waste glycerol from biodiesel manufacturing.
Our financial model/forecasts were performed to predict profits for CPS Biofuels (primarily initially selling 8 oz. units of CPS Powershot®). CPS Biofuels owns patents pending to develop biofuel related products. The financial model also includes market, licensing and royalty, Net Present Value, and a 25% Rule Intellectual Property valuation analysis. In addition to initial first year sales of 500,000, 8 oz.units/yr. (yielding an estimated annual EBIDTA of over $4 MM) additional valuation methods predict $1.5-$2 billion profit projections for CPS Biofuels spanning the lifetime of the IP during the initially projected 12 year production window. Currently, CPS Biofuels is seeking $6,000,000 to produce at least 100,000 gallons of GTBE which is then bottled, labeled, and sold into the retail market. This would result in over 1,000,000 8 oz. units, and allow the company to begin hiring and paying employees, launch national marketing/advertising campaigns, perform additional testing on the
We need one large purchase order or investment to get up and running. Once that has taken place CPS Powershot(R) should be self sufficient.
Any person or company who purchases fuel.
"Pain at the Pump". Our product increases octane and therefore increases miles per gallon. When CPS Powershot (R) is added to a fuel system it is like the fuel no longer has Ethanol in it which reduces octane and mileage.
We have a few high performance auto clubs using our product but for the purpose of protecting their privacy, their names will not be provided. We also have the interest of a US military base whose privace we also choose to protect.
The target market is anyone who purchases octane boosting agents for their vehicles, military white fleets, anyone who uses high combustion engines and/or anyone who purchases and uses fuel.
As of now, we have our product in one auto parts store and are selling it through our website. Some of our purchases have come from word of mouth and contacts made at conferences about clean energy.
CPS Powershot(R) The only sustainable, renewable, non-toxic, octane boosting, biofuel additive on the market
Biography
President and Founder of 350Green, the leading owner and operator of public electric car charging stations in the US. 350Green provides public charging solutions for OEM's, municipalities and property owners. Recognized leader in driving growth of new ventures and mature businesses, nominated as Innovator of the Year 2011 by International Business Forum.
Employment
- 350GreenPresident/Founder | 2009 - current
Biography
Chuck Schram Bio
Employment
- Chuck Schram ConsultingConsultant | 2009 - current
- Vectric USA Regional Sales Manager promoted to Director of North American Sales | 2008 - 2009
- Piaggio Group USANew Business Development | 2007 - 2008
- Polaris IndustriesDistrict Sales Manager promoted to New Business Development | 1999 - 2007
- CARQUEST Auto PartsGeneral Manager | 1993 - 1999
Education
- University of Phoenix - Business ManagementBachelor Degree in Business Management | 2003 - 2008
Biogreen Diesel
Technology
Customers will sell used oil and buy back BIODIESEL direct because
• We will tie up national agreements with major retailers who use cooking oil daily
• We process at cheaper prices [50% cheaper than our nearest competitor]and therefore able to sell at competitive prices if required
• We are the only producer able to produce to EU & US standards
• A plant in Maitland Cape Town has been set up and is currently producing BIODIESEL profitably at 50% of the cost of our nearest competitor
• Our BIODIESEL is made to EU & US Standards
• Our Jet Reactor technology is patented
• We have signed agreements with Pick n Pay and Shoprite to process all their used cooking oil nationally
• In discussions and have been favourably considered by 3 major restaurant chains nationally – the Spur – The Cape Town Fish Market – and The Dros Groups
Pending Legislation
Financials
• The company purchases/procures used cooking oil/fats
• This used oil is then processed via our patented jet reactor technology into BIODIESEL
• This BIODIESEL is then blended into mineral diesel and sold to companies to reduce their carbon footprint
Funding will only be required in tranches and based on the successful installation and supply of used oil for production
• Capex for JHB Gauteng R1,124,000
• Opex for 6 months Gauteng R 402,000
• Capex for DBN KZN R1,200,000
• Opex for 6 months DBN KZN R 450,000
• Capex for Port Elizabeth R1,250,000
• Opex for Port Elizabeth R 475,000
PLEASE NOTE : Funding for the jet reactor will only be required on successful installation of the plant and after 3 months of conversion of cooking oil|fats to BIODIESEL
Cape Town already established
Gauteng area JHB November 2009
Durban KZN By June 2010
Port Elizabeth By June 2011
Franchises June – Dec 2011
• Pending legislation will soon outlaw the sale of used cooking oil to traders for recycling and bleaching for resale as this bleached oil is carcinogenic, causes pulmonary problems and accelerates HIV to AIDS.
• Should users of cooking oil wish to sell their oil for additional income they would be obliged to sell to registered ‘cradle to grave’ processors
• Further pending legislation will require all diesel to be blended with 2% BIODIESEL by 2012
• FIFA per Dr Titus Mathe, the director of Green Transport SA have advised that buses transporting spectators during the 2010 World Cup must run on 15% [B15] blended diesel/BIODIESEL
• SA will sign as full signatory of the Copenhagen Accord later this year
• The introduction of a Carbon Tax will force companies to work towards carbon credits to lower their carbon footprint
• Our patented jet reactor technology allows us to convert this used oil/fats at 50% the cost of our nearest competitor [R0.90 vs R1.81]
• Global warming is forefront on everyone’s mind
• Tax incentives are pushing companies to acquire carbon credits to minimise their carbon footprint
• Legislation will push users of used cooking oil to dispose of their used oil via authorised ‘cradle to grave’ operators
• Further legislation that legislates that all mineral diesel be blended with 2% BIODIESEL by 2012 will drive clients to us
• The legislation around the disposal of used cooking oil
• Global warming on the forefront of everyone’s mind
• The Legislation mandating that all mineral diesel to be blended with 2% mineral diesel
• The insistence by FIFA to have all buses using 15% BIODIESEL/diesel blend in all World Cup buses
• Carbon credits required by companies to lower their carbon footprint
• The company purchases/procures used cooking oil/fats
• This used oil is then processed via our patented jet reactor technology into BIODIESEL
• This BIODIESEL is then blended into mineral diesel and sold to companies to reduce their carbon footprint
