Photo - Finnish Innovation Board FIB
31246

Finnish Innovation Board FIB

Building structures for "green" construction

Finland
Market: Woodworking, Production, Building, Other
Stage of the project: Prototype or product is ready

Date of last change: 08.11.2018
Go to the owner's profile
9
equalizer from 2000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:
Also this project:
- is seeking a loan
 

Idea

Elements of walls and coverings for all types of buildings and constructions without the general restrictions - innovative plant in Finland

Current Status

Our product has a European safety certificate and is fully ready for serial production. Small Parts of our products have been applied at the sites of Sweden and the Netherlands. A large industrial complex needs preparatory measures for the installation of equipment. We have preliminary agreements with Buyers and Suppliers of raw materials. The EU and Finland institutions support our Project.

Market

Low-cost production and available raw materials allow to export the Product to any regions of the world or to scale the Project. Patent protection. Copying is impossible. The main market is the countries of the European Union and Northern America. This market provides consumption of more than $ 500 million

Problem or Opportunity

Safety as a set of requirements: anthropogenic load, manufacturability, resistance to external and internal influences, resource intensity, environmental friendliness and accessibility, etc.
Experts confirm that traditional building materials do not meet modern requirements.
We have reached new heights in the construction industry: new technology => new material => a new level of approachability and safety!

Solution (product or service)

The high quality of our product is provided by modern robotic equipment; Accessibility for the Consumer has become possible through the use of efficient technology and secondary raw materials. Manufacturability of the Product attracts corporate customers.

Competitors

Every active manufacturer of building materials / structures.

Advantages or differentiators

Main advantages:
- Price;
- Security;
- High consumer qualities;
- Manufacturability;
- Universality;
- Energy saving;
- Patent security.

Finance

Total budget of the Project: $ 29M;
Current project budget: $ 15.4M;
Venture loan size $14.0 M
Support for EU / Finnish institutions - subsidies of 30% of the investment pool;
Nominal annual income: $ 30M;
Critical level of income: $ 10M;
Profitability (EBITDA): 65.4%;
Internal rate of return (IRR): 53%;
Payback period: 3 years.

Business model

Classical business model: own production + support of the Product (design, consulting, installation) - added value is created as a result of the transformation of raw materials into the Product, the Product - into the constructions / buildings / structuries.
Categories of Consumers: households (C), business (B), governments (G).
Primary Consumer: construction companies.

Risks

- Unauthorized imitating production with a low quality level of the Products;
- Non-technological low-budget building materials and technologies

Incubation/Acceleration programs accomplishment

Financial modeling under the leadership of the leading consulting company Rantalainen (Helsinki)

Won the competition and other awards

Participation in competitions is absent.

Invention/Patent

EU and US Patents

Photos

Photo 1 - Building structures for

Product Video

4,33
1
2
3
4
5
3 voices
Sign in/Sign up
arrow_back
EN
more_horiz
close
visibility3878
star0
Add to favorites
Delete from favorites
share
close
thumb_up0
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Presentation