Wavve Stream Business Plan
Transcription
Wavve Stream Business Plan
LES BUSINESS PLAN COMPETITION 2015 1" We don’t make water filters… We make water filters better. Wavve Stream, Inc. ! Wavvestream.com ! info@wavvestream.com Eric Beydoun, CEO Ivette Rubio, COO Julia Lonnegren, CMO Jingjing Fan, Science Officer Enrico Nadres, Science Officer Wavve Stream Inc. LES Business Plan competition May 2015 Table of Contents EXECUTIVE SUMMARY........................................................................................................ 2 BUSINESS MISSION AND VISION ...................................................................................... 3 BUSINESS DESCRIPTION .................................................................................................... 4 INTELLECTUAL PROPERTY .............................................................................................. 5 PATENTS .......................................................................................................................................................... 5 LICENSE AGREEMENT ................................................................................................................................... 5 INTELLECTUAL PROPERTY STRATEGY ........................................................................................................ 6 MARKET ANALYSIS ............................................................................................................... 7 INDUSTRY ........................................................................................................................................................ 7 CUSTOMERS ..................................................................................................................................................... 8 COMPETITION ................................................................................................................................................. 9 DESCRIPTION OF PRODUCTS ......................................................................................... 11 PRODUCT ....................................................................................................................................................... 11 ORGANIZATION AND MANAGEMENT .......................................................................... 12 PRODUCTION & EMPLOYMENT ................................................................................................................. 12 MANAGEMENT .............................................................................................................................................. 13 MENTORS AND KEY ADVISORS .................................................................................................................. 13 MARKETING AND SALES STRATEGY ............................................................................. 13 PROMOTION .................................................................................................................................................. 13 PRICING ......................................................................................................................................................... 14 FINANCIALS ......................................................................................................................... 15 SALES FORECAST .......................................................................................................................................... 15 BUSINESS VALUATION ................................................................................................................................. 15 APPENDICES: ....................................................................................................................... 16 INCOME STATEMENT ................................................................................................................................... 16 BALANCE SHEET ........................................................................................................................................... 16 STATEMENT OF CASH FLOW ....................................................................................................................... 16 WQA CERTIFICATIONS ............................................................................................................................... 18 MANAGEMENT TEAM & EMPLOYEES ....................................................................................................... 18 PRE-MONEY AND POST-MONEY VALUATIONS ....................................................................................... 19 LETTERS OF INTEREST: ................................................................................................................................ 21 1 Wavve Stream Inc. LES Business Plan competition May 2015 EXECUTIVE SUMMARY Brief Description: Wavve Stream, Inc. operates in the water filtration industry as an original equipment manufacturer (OEM), specializing in solving technical challenges associated with the removal of water contaminants. They produce a patented nanotechnology-coating that significantly enhances the effectiveness of water filter membranes. In 2011 Wavve Stream was awarded an NSF I-Corp grant to study market demands. They found that many countries, different industries and existing companies have a vast interest in the development of Wavve Stream’s efficient and cost-effective technology. Wavve Stream uses its patented graphene-based coating to simultaneously inactivate bacteria, remove viruses, and eliminate heavy metals, hazardous chemicals and radioactive materials. The ability to remove a broad range of major water contaminants in a single process does not exist in the water filter market today, at such cost effective price. Wavve’s breakthrough technology establishes new filtration standards in this growing industry. Mission: It is Wavve Stream’s mission to redefine the meaning of clean water by enabling existing water filter companies to meet new water regulation standards. Market: The Freedonia report of Jan. 2014, "World Consumer Water Treatment Systems", states that Global sales in 2012 were $7.453 billion and $6.432 billion of this was from the Point of Use (POU) sector. Global demand for consumer water treatment systems is projected to increase at a more than 12 percent annual pace to $13.4 billion in 2017 (www.freedoniagroup.com). Wavve targets water filter companies in the POU market that have strong brand recognition and established customer bases. Wavve Stream offers a value-added technology, thereby enabling significant partner relationships with POU companies, making their existing filters appreciably more effective. Wavve Stream targets companies such as KX Technologies, Culligan, Vapur, Cascade designs Brita and PUR; who have established distribution channels facilitating a rapid global reach. Technology and Systems: The Wavve Stream technology is a Graphene-based nanomaterial coating formulation with exceptional binding properties, applicable on a variety of current filter membranes in the water treatment industry. The coating significantly enhances the performance of existing filtration systems by effectively sequestering a broad variety of toxic chemicals, including heavy metals, organic compounds, radioactive ions, and viruses. The coated filters are able to inactivate microorganisms in water and yet be non-toxic to human cells. Wavve Streams filtering is a cost effective solution through an efficient simultaneous process. Business Strategy: Wavve Stream is a business-to-business company engaged in manufacturing, distribution and marketing activities. They are a worldwide exclusive license holder of a patented nanotechnology coating and a patent-pending resin bead technology for water filtration. The liquid coating technology is readily marketed as an OEM to existing household filtration companies. The resin bead technology is being perfected for use in higher water volumes for POE industries that involve prospective partners such as Culligan, Ecowater and Rainsoft. Wavve Stream markets their technology as an added value to existing filter companies, utilizing their established brands and global distribution networks. 2 Wavve Stream Inc. LES Business Plan competition May 2015 Wavve Stream has seven pending filings under the Patent Corporation Treaty (PCT) that extend into North America, Europe and selected destinations in Asia. A partnership exists between Wavve Stream and the University of Houston (holder of the patents) where Wavve Stream has worldwide exclusive commercialization rights for the comparable technologies in both a liquid coating and resin bead form. Currently there is a technology integration research-project taking place with potential partners, where Wavve Stream is applying their technology coating onto existing industry filters and testing for contaminant removal. Wavve Stream is currently in communication with five different companies in hopes that this research project will enable business partnerships. Wavve Stream has received five letters of interest and two letters of intent from these companies. Management & Advisory Board: Wavve’s founders originate from four different continents-Europe, North America, South America and Asia and are graduates from The Wolff Center for Entrepreneurship at the University of Houston. The inventor of the technology, Dr. Debora Rodrigues, has done extensive research on the purifying properties of this nanotechnology, and will serve as a key technology member. Wavve hires Dr. Enrico Nadres and Jingjing Fan as scientific experts. A top-tier board of advisors specialized in the water filtration industry also supplement the Wavve Stream management team. The four-member board offers over one hundred years of expertise in Life Science, Nanotechnology, Finance, and Business & Entrepreneurship. Financing Plan and Projections: Wavve Stream is requesting a $600,000 investment. This initial investment covers necessary capital equipment & installation, product testing completion, NSF Std. 42 & 53 certifications, raw materials acquisition and working capital needs for the initial year of operations. Wavve Stream has a partnership with the University of Houston where they provide incubator space along with a production facility space at low monthly rates. Wavve Stream has initially received an NSF I-Corps grant of $50,000, and has obtained over $50,000 through business plan competitions; this money is being used for legal and testing purposes. Wavve Stream’s technology has just received a $50,000 grant, and has applied for a $100,000 SBIR grant from DOD & EPA to further test the technology. Industry: Nanotechnology/Water Filtration - Water purification equipment, household type Machinery Manufacturing - Primary NAICS Code: 333318 - Primary SIC Code: 35890305 Wavve Stream Inc. Eric Beydoun, CEO & co-founder, ebeydoun@wavvestream.com 5000 Gulf Freeway, Building 4, Room 230, Houston, TX 77023 (832) 882- 7060 www.wavvestream.com 3 Wavve Stream Inc. LES Business Plan competition May 2015 Business Mission and Vision Potable water is becoming more critical to the health, safety, and well being of the world’s population. Increasing water toxicity and contaminants in the world’s water supply have proven to be complex to solve and difficult to understand. Currently there are 3.4 million people dying each year from drinking contaminated water. Recent reports and conference publications underscore the necessity of having readily available potable water to reduce the risk of conflict. The statistics are outstanding: 11% of the world’s population does not have easy access to potable water. Even in developed nations, evolving issues with climate change, drought, and territorial conflicts reduce the access to and availability of potable water. The United Nations Environment program predicts that by 2025, two-thirds of the world’s population will be living under water stressed conditions. Wavve Stream seeks to help this by providing an efficient and cost effective solution to enhance current water filtration products. Wavve Stream can achieve this mission by providing the nanomaterial-based technology to water filter manufacturers with readily established resources. Wavve Stream’s overall vision is to take part in solving the water problems of the world by improving health, quality of life, and reducing water related deaths worldwide. Business Description Wavve Stream, Inc. operates as an original equipment manufacturer (OEM), specializing in solving technical challenges associated with the removal of water contaminants. Wavve Stream is a water filtration company producing a patented graphene-based nanotechnology with unique properties that enable existing water filtration systems to simultaneously remove various contaminants from the water, such as: heavy metals, viruses, harmful chemicals, radioactive ions, and inactivate bacteria. Wavve offers a value-added technology to water filtration companies in various industries, allowing them to significantly enhance their product's filtering capabilities while simplifying and reducing their current filtration stages. According to SBI Energy’s “Water Treatment Technologies and Products Markets (2006-2015)”, the increase in contamination of potable water has caused a rapid growth in water treatment technologies due to growth in world population. Global demand for consumer water treatment systems is projected to increase at a more than 12 percent annual pace to $13.4 billion in 2017. There will be strong market growth and increasing demand for activated carbon filtration methods; however, such solutions only remove the taste of chlorine and odor. One barrier to entry is the use of bottled water; however, poor economic conditions are causing a shift in demand from bottled water because of negative environmental effects and rising costs. Our biggest competition would be the use of reverse osmosis, or distillation. Wavve Stream has come through the Wolff Center for Entrepreneurship program at the University of Houston as well as the Red Labs accelerator, and over eight successful business-plan competitions. Wavve Stream has applied for an SBIR EPA & DoD grant, and has been granted a 4 Wavve Stream Inc. LES Business Plan competition May 2015 research grant from the university of Houston in the amount of $50,000, to further the capabilities of their technologies. Wavve Stream’s milestones for 2015 are to acquire NSF Std. 42 & 53 certifications, to find an angel investor with great passion in social ventures, and to setup the initial production facility to start production and gain revenue. Intellectual Property Patents Wavve Stream’s patent position is presently based on two families of applications. US Patent 8.925,736 of the first family issued on January 6, 2015 and addresses a composition to be applied to filter membranes. This patent fully covers the effective ranges suitable for Wavve Stream’s water treatment applications. Along with this issued patent, they have seven countries selected for foreign counterparts filed under the Patent Corporation Treaty (PCT) and extending coverage across North America, Europe and selected destinations in Asia. The premier filing for second family application was filed on June 6, 2014 and addresses a specialized bead filter medium envisioned for high water volumes and point of entry services. This US pending application will be expanded with select foreign counterparts through PCT filings based on a balanced portfolio approach. Both patent families cover information on concept, application, and capabilities of the nanomaterial for the simultaneous removal of bacteria and heavy metals that can be commercialized. The main objective of our patent application strategy is to protect the technology compositions, enhanced filter media capabilities, material and application uses, and application techniques to achieve these processes. The compositions of matter addressed in initial patent efforts dominates the capabilities of bacteria inactivation, and heavy metal adsorption that may be commercially useful in different industries. Thus Wavve Stream has obtained broad patent coverage by maintaining the ingredients and effective ranges needed to make this novel technology work. By doing so, Wavve stream focuses on firmly protecting the advantage their technology provides over the competition. License Agreement Wavve Stream’s technologies resulted from research begun at the University of Houston. A license agreement between Wavve Stream and the University of Houston was executed on October 16, 2014 granting Wavve Stream Inc. exclusive worldwide invention rights to use, manufacture, and sell products covered by the patent rights. The license terms are tailored to the effective commercialization of this novel technology. These include (i) a low license fee (ii) zero milestone payments, (iii) a minimum royalty of less than 5% , and (iii) deferred patent-cost reimbursement. As holder of the patents, the University of Houston has agreed to bear all patent costs until Wavve Stream hits an established milestone estimated in March 2017. The total cost will then be added to the royalty stream for payments over time. The milestones listed in the agreement include 5 Wavve Stream Inc. LES Business Plan competition May 2015 applications to governmental agency grants, application to a certification agency, and specific potential customer involvement. As of today, Wavve Stream has surpassed over half of the agreed milestones; include those of applying for a Small Business Innovation Research grant (SBIR) from the Environmental Protection Agency (EPA), applying for a research grant from the Department of Defense (DoD), identifying and applying for certifications from the Water Quality Association (WQA) that are needed to commercialize, and initiating project integration with potential customers. Wavve Stream continues to hold a strong relationship with the University of Houston, one that includes ongoing access to and involvement of the technology inventor, principle researcher, and specialized laboratories, where research & development, and technology integration is currently taking place. They currently provide the company with low-rent incubator space, and plan to provide a production facility at a low monthly rate, both located at the Energy Research Park. Intellectual Property Strategy Business Model: As a business-to-business company, Wavve Stream begins by partnering with established filer companies, leveraging from their worldwide marketing, sales, and distribution capabilities in the POU residential filter market. These companies currently sell filters and filter systems to residential end-users needing routine filter replacement. It is Wavve Stream’s strategy to formulate its proprietary technology in-house and ship it to their customers, the POU filter companies, to integrate into their filter end products. By doing so, this provides Wavve Stream less risk of reverse-engineering and imitating products in geographic regions with weak legal property rights. The initial emphasis on protecting the composition of the material added to these existing filter products is an effective start and aligns well with Wavve Stream’s business model. Wavve Stream will also facilitate the ability of their customers, the POU filter companies, to communicate to their customers, the end users, all of the benefits of using filter elements enhanced by the Wavve Stream technology. Providing a trademark license program will help Wavve Stream grow and manage this recognition, control quality, offer training, and provide value to the filter companies in their marketing of this as a Wavve Stream enhanced product. This will distinguish their brand and promote value in their trademarks. Wavve Stream will also include a field of use restriction to facilitate market segmentation where appropriate. Although their market entry is focused on enhancing filter performance in existing filter systems, Wavve Stream will consider how the enhanced capabilities may facilitate additional uses and changes to existing hardware and filtering processes. These may be published to facilitate freedom of action 6 Wavve Stream Inc. LES Business Plan competition May 2015 for their customers, or patented and licensed into service. Access, Trade Secrets, & Know-how: Wavve Stream exercises full control over Access, Trade Secrets & Know-how that include: carefully choosing key employees, managing potential conflict of interests, management and physical restriction over materials and devices used in the proprietary processes, safe kept records of research & development, and controlled management of technology integration designs and laboratory procedures. Contractual Agreements: No significant disclosure of the proprietary nanomaterial filter technology (including application and complementing agents) will be made available without a confidentiality agreement in order to protect trade secrets, intellectual property and corporate interests. Contractual obligations will include new IP developments, ownership rights, and confidentiality clauses among others. Among other agreements, Wavve Streams legal department have structured tailored NDA’s and MNDA’s protecting the proprietary interest of the company. Trademarks: Wavve Stream in the process of registering its trademark name & logo. They currently own the domain web address wavvestream.com. New IP: With continuous research & development, Wavve Stream will maintain a superior product while staying up to date with new water filtering technologies. Wavve Stream will own all innovations developed from its existing intellectual property, and will obtain appropriate security measures to protect it, including periodic review, consideration for patenting, and retentions as trade secrets. Developments in application techniques will be reviewed for patenting or trade secret protection as they are developed and at milestone and regularly scheduled reviews. Market'Opportunity' Market Analysis Industry Customer) Need) Contacted) In)Tes1ng) Bacteria(Inac+va+on( While there are hundreds of products available on the market for Heavy(Metal( water purification, there are only a few specific methods for treatment Harmful(Chemicals( of water. The global water market is a $466 billion dollar industry (GWI Nitrates( Intelligent Report). There are two common ways in which water Bacteria(Inac+va+on( treatment systems are used: Pointof-Entry (POE $3Billion) and Pointof-Use (POU $14Billion). Wavve is initially targeting the $14B point of use market that has an estimated 12% growth rate (www.freedoniagroup.com). 12( 7 Wavve Stream Inc. LES Business Plan competition May 2015 Customers As water contamination increases, health concerns arise, and governmental regulations become stricter. A great deal of effort is expended to make water levels surpass health regulations, but this comes at a cost to existing water filter companies. Wavve Stream enables existing water filter companies to meet new water regulation standards by adding value without the need of costly infrastructure change. Wavve Stream initially targets residential POU water filter manufacturers, by technology product integration with their nanotechnology liquid. These manufacturers sell filters often found under a sink, in the fridge, in a pitcher, mounted onto a faucet or in a filtering water bottle. Once brand awareness and customer testimonials have been established, Wavve will move into the 2nd Phase and expand into larger scale filtration products, such as the residential POE market with its second technology – resin based beads. Wavve will target larger scale filtration applications, such as commercial food and beverage applications. Past the second phase, Wavve Stream will target more specialized applications, such as those demanded by the military and NASA to meet their water purification needs. Wavve will target companies with an established customer base and strong brand recognition. Wavve Stream’s target customers, water filtration companies, possess advanced filtration technologies. However, they cannot simultaneously remove heavy metals, radioactive ions, harmful chemicals, and viruses while inactivating microorganisms, which is a very important limitation to efficient water treatment and market reach. Therefore Wavve will offer their customers a solution without any major system redesign for product modifications. Wavve Stream is currently collaborating in project research efforts with Cascade Designs, KX Technologies, NASA, CWS, and Halliburton. Companies in the United States KX Technologies, a Berkshire Hathaway company, is a global filtration company providing filtration systems and is headquartered in Connecticut. KX Technologies is a member of the Marmon Group of that employ more than 15,000 people and operates in over 250 production facilities with annual sales of approximately $25.4M (Hoovers). KX Technologies specifically addresses the global water issue by highlighting technologies for POU filters that Wavve can enhance, for safer drinking water and effective removal. Culligan International Co. is one of the major manufacturers and leaders in the residential water treatment product spectrum. Culligan is headquartered in Rosemont, Illinoi and has over 600 dealers in the United States and Canada. Annual sales are estimated at 243.1 million. Culligan is engaged in selling, renting and leasing of water systems to both consumers and businesses in the form of water softeners, filtration systems and bottled water. Wavve can specifically enhance their POU filters and replacement filters that are being sold in several retail, grocery, hardware, home improvement stores etcetera (SBI Energy). 8 Wavve Stream Inc. LES Business Plan competition May 2015 PUR is based in Minneapolis, Minnesota, is a from the Kaz division of Helen of Troy Limited (headquartered in El Paso, Texas), has annual sales in excess of $1.3 billion. PUR manufactures products for POU systems including; water filter faucet mounts, pitchers, side taps, dispensers, coolers and filtration systems. PUR has approximately annual sales of $120 million. PUR water filters remove a wide range of contaminants, however those filters do not remove the harmful heavy metal, lead, for example, which is one of the major contaminants Wavve’s technology is effective in removing. The Stainless Steel Style Vertical Faucet Mount is available at PURWater.com for $44.99 and the horizontal Faucet Mount for $49.99. Companies Internationally Eureka Forbes, LTD, is headquartered in Mumbai, India. The Indian market is faced with major challenges due to increase in demand while clean water is decreasing. Wavve’s first potential market outside of the U.S. is the Indian market for POU systems. Eureka has the largest direct sales force in Asia and its trained technicians visit homes of Indians daily to explain the benefits of water purification. Eureka has annual sales of 228.92M (Hoovers). Eureka target markets in major cities as well as cost effective solutions for the lower end markets. While the lower end market does not present highest margins, it is the fastest growing and potentially the largest. Wavve will specifically target gravity filters, an affordable solution that will not require energy for safe and affordable drinking water in India. Unilever (Qinyuan) is co-headquartered in London, England and Rotterdam, Netherlands. It is the world's third-largest consumer goods company. Hindustan Unilever is India’s largest consumer goods company, with $4 billion in annual sales. Wavve will target the products of Unilever called Pureit, as well as products manufactured by the recently acquired company, Qinyuan. Unilever’s and Qinyuan’s products are present in several countries in South Asia, South East Asia, China, Latin America and Africa. Pureit was in 2012 considered “The World's Largest Seller of In-home Drinking Water Treatment Systems” (http://www.pureitwater.com). Competition Wavve Stream has the following major direct competitors; Reverse Osmosis, Distillation, Ultra Violet Systems and other potential coating applications using alternative treatment agents. Technology such as Reverse Osmosis is excellent in removing impurities, albeit too expensive to be realistically used in the areas that need it the most. Distillation removes bacteria, viruses, and heavy metals, but the volatile organic compounds remain in the water. What is left being used in household Alternative*Filtration*Methods* Bacteria( Heavy( Metals(( Viruses( Hard( Water(( Harmful( Chemicals( Salt( ! ! Ultraviolet( ( Ion(exchange( ( Dis?lla?on( ( Ac?vated(Carbon( (Brita(Filter)( Reverse(Osmosis( ( Waste(4(gallons(for(1(gallon(of(pure(water(( 14( 9 Wavve Stream Inc. LES Business Plan competition May 2015 filtration systems are Activated Carbon, Microfiltration, and Ultraviolet light. Filter systems that include micro-filtration are designed to filter bacteria, yet allow the passage of viruses, heavy metals and organics. Some remove taste and odor from water or require multi-stages that are high in maintenance and cost and still lack contaminant removal capabilities. Competitors Limitations • No Bacterial inactivation capability & creates biofilm • Require multi-stages for functionality in removing different contaminants • Expensive to fabricate and maintain Wavve Streams Advantages • Inactivates bacteria, avoiding reproduction & biofilm • One-stage process removes varied contaminants simultaneously • Materials are low cost & low maintenance making it more cost efficient Competitors General Information: Reverse Osmosis- RO is a growing technology effective in removing a wide variety of contaminants in water. However, a RO unit delivering 10 gallons of treated water may discharge between 40-70 gallons of wastewater. The large amounts of water used to purify 1 gallon water needs to after the process go through a septic system for additional treatment before being discharged due to the increase in concentration of contaminants (www.ag.ndsu.edu). In water scarce regions of the world, this is particularly undesirable. RO technologies are not efficient in removing some contaminants such as Benzene and VOCs, and the demineralization can cause adverse health effects (www.who.com). Wavve's coatings significantly enhance the performance of cost effective filter’s separation, filtration and remediation of a broad variety of contaminants in water scarce regions and essential minerals remain in the filtered water. Distillation- Water is first heated when distilling contaminated water and will after reaching boiling point evaporate, the vapor is then condensed, collected and stored. Although it is an accessible and effective method to purify water, the shortcomings are several, for example; distillation requires energy, some contaminants can be carried into the condensate and distillation is a slow process to attain purified water. Wavve’s technology will coat membranes filtering water through gravity and adsorption and will therefore not need energy in order to purify water effectively. UV Disinfectant Products- Although this technology is less common than activated carbon filters, products using UV light to disinfect water are becoming more popular. Companies such as Wigen Water Technologies and Steripen are strong competitors as they provide innovative products to the industrial, home and individual markets. However, this technology removes only some bacteria and viruses, and no heavy metals. Additionally, UV systems are expensive, making them less accessible for the general consumer. Silver nanoparticles & additional coatings- Silver nanoparticles account for more than 23% of all nanoproducts and have excellent antimicrobial agents that will disinfect the treated water. Silver linings are often applied to ceramic filters and are effective in the removal of bacteria. However, this method has not proven to be effective in removing harmful chemicals and heavy metals 10 Wavve Stream Inc. LES Business Plan competition May 2015 (digitalcommons.uri.edu). Graphene based technologies and research articles from Universities such as Rice University and University of Manchester, claims to be able to coat sand for the purification of water or create filters of the graphene-oxide, however there are few technologies on the market addressing the need for the enhancement of existing filters and a small percentage is past the R&D stage, (isciencetimes.com). Wavve possess a fast way to revenue by addressing the need to enhance existing filters within the U.S. There is a rising occurrence in water alerts due to uncertain infrastructure and environmental factors etc. Thousands of boil water alerts are issued annually and the growing demand for POU systems opens up a market for Wavve to provide safe drinking water to the U.S market. With Wavve’s second technology Wavve will improve filtering capabilities of activated carbon through its resin beads due to the high surface to volume area that will enable disruptive improvements to activated carbon in markets where water pollution is a major challenge, such as China and India. Description of Products Product Among others, tested and proved contaminants removed with the Wavve Stream technology include heavy metals like Lead, Arsenic, and Chromium, harmful chemicals like Nitrate, and bacteria like E.Coli. The coating Living##bacteria# in#Filter# Coated#Filter# Dead# Bacteria# Sharp# Blade# 17# Nanocomposite#polymer;carbon#based#nanomaterial#filters#for#the#simultaneous#removal#of#bacteria#and#heavy#metals# Wavve’s'removal'of'lead' Lead)Removal)Capacity)) 1200# Maximum)Removal)Capacity) Wavve Stream's first product consists of a Graphene based liquid nanomaterial solution that can be applied to diverse types of existing filters, enabling simultaneous removal of harmful chemicals, heavy metals, radioactive ions, viruses and inactivation of bacteria present in water sources. Our initial tests prove that it is applicable to many membrane materials such as, but not limited to, cellulose nitrate, polyvinylidine fluoride (PVDF), nylon, polycarbonate, cellulose, polytetrafluoroethylene (PTFE), ceramic filters, and glass fiber. Research has proven that it is a non-toxic graphenebased solution that can be applied onto current filters; Support for the Nontoxicity Appendix !!Wavve%inactivates%Bacteria%99.99%% 982.86#mg/g# 1000# # 46#Gmes#beIer# than#AcGvated# Carbon## 800# 600# Maximum#Removal## per#1g#of#material# 400# 200# 21.88#mg/g# 0# Ac#vated)Carbon) 1*#Journal#of#Hazardous#Materials,#Removal(of(lead(II)(by(adsorp3on(using(treated( granular(ac3vated(carbon:(Batch(and(column(studies( Wavve) 2*#Journal#of#Materials#Chemistry#A,#Improved(removal(of(lead((II)(from( 18# water(using(a(polymer>based(graphene(oxide(nanocomposite( 11 Wavve Stream Inc. LES Business Plan competition May 2015 technology not only eliminates but also inactivates bacteria to prevent biofilm buildup and is proved to be non-toxic to human cells. Applying Wavve Stream’s liquid coating to customer’s filters will facilitate their capability to carry products with higher quality, reliability and efficiency by removing more impurities than traditional solutions at an affordable price. The liquid coating technology has been validated through: (i) in-house testing on potential customer filter media, (ii) peer-reviewed scientific publications including Nanoscale, 2012, 4, 4746 (www.rsc.org/nanoscale), & Journal of Materials Chemistry A, 2013, 1, 3789 (www.rsc.org/ MaterialsA) and (iii) successful technology integration testing with four potential customers. Wavve Stream’s second product is currently in research and development, and withholds a bigger potential of filtration using a resin beads technology, where size, porosity and materials can be changed depending on the customer’s specific contaminant removal need. Wavve Stream has also found a solution to re-use the beads by efficiently cleaning them. Organization and Management Production & Employment Production of the nanotechnology product requires prior chemical industry training and specialized skills. Dr. Enrico Nadres, Ph.D., will implement inventory Management and Product Development. The product inventor Dr. Debora Rodrigues, Ph.D., will direct Product Quality Assurance where she will have routine quality checks to detect, reduce, and correct deficiencies in the internal analytical process prior to the release of a product. As growth dictates additional personnel in the area of chemical engineering and polymer synthesis with a background in nanotechnology composites will be hired. Wavve’s co-founders will be the leading sales force to grow the company until additional personnel are hired. A customer service representative will overlook customer relations and will work closely with distribution to assure timely delivery of the product. Wavve Stream has a four-step laboratory process to produce the coating solution. The production process time is 8 hours cumulative and will be done at the ERP (Energy Research Park), at the University of Houston’s business incubator. The initial set of capital equipment used to manufacture may produce up to 30 gallons of solution at a time. As sales volumes exceed initial capacity, Wavve Stream will acquire additional equipment to produce larger product quantities. The initial product will require a 4-step process: the purchase of raw materials, in-house preparation of the liquid technology, packaging, and shipping to customers. With continuous research & development, Wavve Stream will provide customers with superior products while staying up to date with new water filtering technologies. The production facility at the ERP will strictly adhere to safety certification standards. We will have access to a chemical laboratory with a chemical hood, bench space, and tap water supply. The laboratory space will be leased annually, 2 rooms of 225 sq. ft. each will be needed. One of the rooms will be used to allocate raw material and inventory storage as well as initial production while the second room will be set up with a vent for production and sonication of the liquid. Wavve Stream will initially have one lab assistant 12 Wavve Stream Inc. LES Business Plan competition May 2015 Inventory & Suppliers Inventory consists of raw materials bought from price-competitive suppliers within the U.S., companies such as Graphene-Supermarket and Sigma-Aldrich. Graphene-Supermarket is a leading supplier of nanocarbon and graphene products delivering around the globe. Located in Calverton, New York they will be supplying Graphene solution. Sigma-Aldrich has been in business since 1934 and is the world’s largest supplier of research biochemical and organic chemicals. They are now an international company headquartered in St. Louis, Missouri and will be supplying dissolvent along with other materials. Management Wavve Stream’s founders are graduates from The Wolff Center for Entrepreneurship at the University of Houston. Our founders originate from four different continents-- Europe, North America, South America and Asia--which enrich the company with insights about water conditions from all over the world. All founders are bilingual and have been exposed to dangerous water conditions in their respective countries. The cultural diversity is invaluable to Wavve Stream’s expansions, operations and success. The founders include Eric Beydoun (CEO), Julia Lonnegren (CMO), Ivette Rubio (COO), and Dr. Debora Rodrigues (CSO). Please see the Management Team Appendix for additional information. Mentors and Key Advisors Wavve Stream’s Advisory Board contributes extensive experience in nanotechnology, business development, and implementation, which is essential for the start-up process and future growth of company. The advisors include Duane Dunk, Michael Bridges, Ken Jones, and Debora Rodrigues. Together the four-member advisory board offers over one hundred years of expertise in Life Science, Nanotechnology, Finance, and Business & Entrepreneurship. Please see the Board of Advisors Appendix for additional information. Marketing and Sales Strategy Promotion As a business-to-business company, Wavve Stream’s primary promotion approach is to reach out to the target market through water filtration conferences, business plan competitions, water accelerators, tradeshows and seminars in the U.S and around the world. Wavve Stream has been in contact with potential customers with the help of its experienced advisory board. Wavve Stream will prepare marketing materials such as business cards, brochures, banners, and presentations as aids for events as well as publishing’s in trade magazines. Attending these events will assist in product awareness and brand recognition and will create important contacts with companies that could potentially become customers. The company will also be present in public speaking events, health fairs and professional association meetings with a social-impact cause. Wavve Stream will educate customers on the danger of drinking contaminated water. Such awareness campaigns will build a socially responsible brand for Wavve Stream that is also environmentally friendly, while promoting its product and the social impact created. 13 Wavve Stream Inc. LES Business Plan competition May 2015 Additionally, another channel of communication with Wavve Stream’s customers is through the company’s website wavvestream.com. The site is easy-to-use and it will have an informative section with newsletters, blogs and awareness videos about different topics related to water. The company will be advertised through highly visited websites related to the water filtration industry and other social-driven sites and participate in webinars. Wavve Stream’s projection of costs required to promote the business and the product, steadily increase throughout the first 5 years the company is in business. Wavve Stream’s four-step sale strategy has been in place since April 2014. Wavve Stream initially gets into contact with a company’s decision maker, with the help of its initial contacts and advisory board. If the potential customer shows interest, Wavve Stream will then sign Mutual NDA’s and ask for sample filters. Wavve’s science department then does research by coating and testing at the Environmental Biotechnology Laboratory at the University of Houston. After in house research and development is completed, results and coated filters are shared with the potential customers. If the results are as expected, a solid partnership and business strategy is created and both companies continue forward with a partnership. At the present stage, Wavve Stream Inc. has received a letter of intent from a potential customer in the water filtration industry, and is in the process of developing interest in three other companies to gain as customers. Pricing Wavve Stream uses a value added pricing strategy, providing customers with a disruptive technology in the water filtration industry. The product will sell in 30-gallon stainless steel containers for a price of $3,400 per barrel. 30 gallons of the Wavve Liquid coating can be applied on over 1,130 filters (approx. filter size: 400cm^2). It will cost Wavve Stream $1 to coat an average POU filter (approx. size 400cm^2), with a gross margin of 67%, therefore Wavve Stream will sell the coating product for $3 per filter. Wavve Stream has evaluated the value-chain pricing strategy and offers their customers, the POU water filter companies, two options: they may either reduce their manufacturing cost by reducing the number of filtration stages, or sell the filters at premium prices, typically an added price of $10 to the end user, by now having newly added contaminant removal capabilities making it a premium product. 14 Wavve Stream Inc. LES Business Plan competition May 2015 Financials Sales Forecast Wavve Stream is an exclusive producer and seller of this liquid technology in the water filter market. During the first year, Wavve Stream focuses on NSF 42 & 53 certifications, 3rd party testing validations, initial capital investment, and laboratory arrangements for manufacturing, all while projecting low initial sales at the end of year 2015. In 2016, Wavve Stream’s goal is to sell over 300, 30-gallon barrels. In 2016 Wavve Stream expects to hit Break-Even Subsequently in 2017, Wavve Stream will begin producing the second technology product- the resin beads that may be added to activated carbon systems in the POU water filter industry. Wavve Stream will gradually enter larger filtration industries with its latest technology, the resin beads that are able to work with larger capacities of water. Sale forecasts are based on the knowledge that 544 million POU filters were sold in 2014, and that 35% of those sales are generated by these 9 big water filtration companies: Alticor, Brita GmbH, Clorox, Helen of Troy, GE, Toray, Unilever, Coway, Culligan, (Freedonia report data 2014). Please see the Financial Statements Appendices for additional information. Business Valuation Currently, Wavve Stream is valued at $2.5 million dollars; through the Discounted Cash flow model. In round A, Wavve Stream seeks a $600,000 investment in exchange of 25% equity. Wavve Stream does not plan for cash distribution to its investors before Year 5. However, on Year 5, return on investment is valued at 10X , this has been calculated by taking into account all water filtration company acquisitions in the last 10 years. The initial investment of $600,000 will cover capital equipment and installation $70,000, POU product testing and certifications $80,000, POE market 15 Wavve Stream Inc. LES Business Plan competition May 2015 R&D and testing $50,000, and Working Capital $400,000. See the Key Equipment Needed for Production and the Pre-Money and Post-Money Valuations for additional information. Appendices: Income Statement Balance Sheet Statement of Cash Flow 16 Wavve Stream Inc. LES Business Plan competition May 2015 17 Wavve Stream Inc. LES Business Plan competition May 2015 WQA Certifications Wavve Stream is currently conducting internal product research, where we will then seek independent validations through third party laboratory testing. Wavve has selected the Water Quality Association (WQA), as the ideal organization to undergo both independent laboratory testing and required certifications to commercialize its product. WQA offers the “Gold Seal Product Certification Program” which provides certifications equivalent to the NSF certifications needed by water companies to offer high-quality and trustworthy products. Wavve Stream, Inc. seeks to initially become certified in Standard WQA S-200, which is the equivalent to NSF/ANSI 53; the standard addressing health claims due to reduction of various contaminants form the water. The process including both independent testing and certification completion will take approximately 6 months. With an initial cost of $65,000 and 4 annual payments of $5,000 Wavve’s products will be certified for 5 years. After that re-certification will be needed every 5 years with the same cost. Management Team & Employees Eric Beydoun, CEO & Co-Founder www.linkedin.com/in/ericbeydoun/ Eric Beydoun is from France; He is bilingual- fluent in English and French and has professional experience in Global Sales and Contract Negotiations & Closings. His skills are in strategic implementation and effective business operations. As CEO of the company he is in charge of Performance Measurements and Internal Organization. With a BA in Entrepreneurship, and a multicultural background, Eric helps Wavve Stream maintain direction and a clear company vision. Julia Loennegren, CMO & Co-Founder www.linkedin.com/pub/julia-loennegren/13/97b/143 Julia Loennegren is from Sweden; She is trilingual- fluent in English, Swedish, and Norwegian and has professional experience in Health Education, Sales, Retail Marketing, and Customer Relationship Building. She holds a BA in Entrepreneurship and is in charge of Sales & Customer Account Management. Along with that, she is the managing member of Wavve Streams Branding, strategically utilizing a variety of mediums to reach their target audience. Ivette Rubio, COO & Co-Founder www.linkedin.com/pub/ivette-rubio/66/65b/249 Ivette Rubio is from El Salvador; She is bilingual- fluent in English and Spanish and has professional experience in Legal Administration, Banking Sales, and Restaurant Start-Up Operations. She is the managing member for governmental funding opportunities and has lead three grant proposals for Wavve Stream since April 2014. With a BA in Supply Chain Management & Entrepreneurship, her focus is in Strategic Operations and Technology Research & Development. Dr. Enrico Nadres, Beads Specialist www.linkedin.com/pub/enrico-nadres/43/938/bab Dr. Nadres is from the Philippines; He has a Ph.D. in Chemistry with experience in organic synthesis. He offers expertise in Polymer Synthesis and Microbial Assay. He is Wavve Stream’s 18 Wavve Stream Inc. LES Business Plan competition May 2015 Chemist and works directly with the technology inventor conducting research and developing nanotechnology. Jingjing Fan, Liquid Science Specialist www.linkedin.com/pub/fan-jingjing/66/425/161 Jingjing Fan is from China; With a Masters in Civil Engineering & Microbiology, she provides Wavve Stream with expertise in Nanotechnology and Heavy Metal Removal. Dr. Debora Rodrigues, Inventor & Advisor www.linkedin.com/pub/deborarodrigues/8/296/3a2 Dr. Debora Rodrigues is from Brazil. As the inventor of Wavve Stream’s technologies she has the following water filtration focused specialties: Environmental Microbiology, Microbial Physiology, Molecular Biology, Toxicity of Nanomaterial, Biodegradation/Bioremediation. Kenneth Jones, Business Advisor www.linkedin.com/in/kennethrjones Ken jones is the director of the Wolff Center for Entrepreneurship program at University of Houston and has the following specialties: Entrepreneurship, Commercialization, Finance, Strategic Sales, Marketing Strategy, & Branding. Duane Dunk, Market Advisor www.linkedin.com/in/dddunk Duane Dunk is a global market consultant with over twenty years of experience in launching new water filtration technologies in emerging countries. He is specialized in the following: Water Filtration focus; "Go-to-market" Strategy, Strategic Partnerships, Licensing, Product Development, New & Emerging Markets, Intellectual Property Rights (IPR) Strategy, And International Regulatory & Product Certification Processes. Michael Bridges, Scalability Advisorwww.linkedin.com/pub/michael-bridges/28/655/b56 Michael Bridges is a senior chemical engineer with relevant water industry experience specialized in the following: Novel Technology Development, Drinking Water Technologies, Environmental Clean-Up, International Manufacturing, Product Design, Chemical Manufacturing, Business Development, Carbon, Silica, High Temperature Materials. Pre-Money and Post-Money Valuations Pre-Money Wavve Stream Ownership Wavve Stream University of Houston Post-Money Percentage Wavve Stream Ownership Percentage 90% Wavve Stream 65% 10% University of Houston 10% Investor 25% Note: There is No royalty charge until Wavve Stream has reached its break-even point. 19 Wavve Stream Inc. LES Business Plan competition May 2015 Support for the non-toxicity of proprietary material for our application Chronic toxicity test using human cells show proprietary material to be non-toxic at the level we are using in our product. Research shows that in epithelial cells, there was no observe toxicity at 85 mg/L (Hu, et al., 2010). For fibroblast cells, toxicity starts at a proprietary material concentration above 50 mg/L (Wang, et al., 2010). When used in therapy experiments, we found that the proprietary material showed no obvious toxic side effects to the treated mice in 40 days. Radiolabelled proprietary material mainly localized in the reticuloendothelial system, including the liver and spleen, with neglectable accumulation in the lung after intravenous injection, and could be gradually excreted from mice without causing noticeable toxicity to the treated animals at a dose of 20 mg/kg over a course of 3 months (Yang, et al., 2010; Yang, et al., 2011) The proprietary material that we are using is fixed in the filter that it will not actually be in the treated water and will remain bonded for the life of the filter. As a result of our research, we are using very low amount of the key element in the proprietary material that it is not possible to have concentrations of the proprietary material be released to the treated water even as low as this safe levels. In our formulation, it was possible to use very low proprietary material concentration in our product due to the use media dispersant that makes the proprietary material very active. As for the environmental fate of the proprietary material, very recent study showed that it is degraded in the environment like organic matter. It can be degraded by lignin peroxide from fungi. REFERENCE: Yang K, Wan JM, Zhang S, Zhang YJ, Lee ST, Liu Z: In vivo pharmacokinetics, long-term biodistribution and toxicology of PEGylated graphene in mice. ACS Nano. 5, 516–522 (2011). Stakeholders Interview David Sarphie, Nanotechnology Expert / C.E.O (Bio Nano Consulting) “Bio Nano Consulting is developing a proprietary method for detecting arsenic in water – with arsenic often being called “the silent killer”. Wavve’s patent-pending nanotechnology could play a crucial part in decreasing arsenic levels in water that currently affects over 130 million people, primarily in developing countries.” Andrew Lombardo, Potential Customer / Principal Research Scientist (KX Technologies L.L.C.) “POU (residential filter) systems are crucial for the improvement of drinking water quality. KX Technologies L.L.C hopes to create a mutually productive future collaboration with Wavve Stream Inc. through possible testing and development of a commercial partnership that would result in a more efficient and cost effective filter product.” Jefffery Pennington, Potential Investor / Manager (Memorial Capital Partners) 20 Wavve Stream Inc. LES Business Plan competition May 2015 “Clean, drinkable water will become one of the Earth’s greatest challenges in the years to come. Investors look for industry segments that have large revenue potential, technical solutions that are difficult to duplicate and a robust distribution system to maximize either technology or product sales. When the product also addresses a major societal concern or provides societal benefits above and beyond the basic economic return that is truly a bonus.” Paula DeWitte, Industry Expert CEO & Co-Founder (Particle Size Engineering, LLC) “Wavve’s technology represents a significant technical leap in purifying water in an easy, costeffective process that could significantly address the global problem of the lack of access potable water. Wavve has the disruptive technology as well as the right team in place to bring its technology to the water purification market.” Letters of Interest: 21 Wavve Stream Inc. LES Business Plan competition May 2015 22 Wavve Stream Inc. LES Business Plan competition May 2015 23 DEBORA FRIGI RODRIGUES EDUCATION • 2002-2007 • 2000- 2002 • 1995- 1999 Ph.D., Microbiology and Molecular Genetics, Michigan State University. M.S., Sciences, Microbiology, University of São Paulo, Brazil. B.S., Biology and Biology Education, University of São Paulo, Brazil. PROFESSIONAL EXPERIENCE University of Houston Yale University Assistant Professor Postdoctoral Associate 2010 - present 2007 - 2010 SELECTED PEER-REVIEWED PUBLICATIONS (out of 18 publications) 1. Santos,C.M., K. M. Cui, R. A. M. V. Vergara, F. Ahmed, A. C. Leon, M. C. R. Tria, R. C. Advincula, D. F. Rodrigues. 2012. Dual functionality of PVK- MWNT nanocomposite coatings: Bactericidal and Anti-corrosion. Macromol. Mater. Eng.(in press doi: 10.1002/mame.20110334) 2. Ahmed F.,C. M. Santos, R. A. M. V. Vergara, M. C. R. Tria, R. Advincula, D. F. Rodrigues. 2012. Antimicrobial applications of electroactive PVK-SWNT Nanocomposites. Environ. Sci. Technol. (in press http://dx.doi.org/10.1021/es202374e). 3. Santos, C.M. M. C. R. Tria, R. A. M. V. Vergara, F. Ahmed, Rigoberto C. Advincula, D. F. Rodrigues. 2011. Antimicrobial graphene polymer (PVK-GO) nanocomposite films. ChemComm. 47, 8892-8894. 4. Rodrigues, D. F. Biofilters: A Solution for Heavy Metals Removal from Water? 2011. J. Bioremed. Biodegrad. v.2:1. (invited editorial letter). 5. Rodrigues, D.F., M. Elimelech. Toxic Effects of Single-Walled Carbon Nanotubes in the Development of E. coli Biofilm. 2010. Environ. Sci. Technol. v. 44: 4583-9. 6. Rodrigues, D.F., E.C. Jesus, H.L. Ayala-del-Río, V.H. Pellizari, D. Gilichinsky, L. Sepulveda-Torres, J.M. Tiedje. 2009, Biogeography, diversity, and adaptation: a tale of two cold-adapted microorganisms. ISMEJ. p.1-8. 7. Rodrigues, D.F., M. Elimelech. 2009, Role of mannose and type 1 fimbriae in the development of E. coli K12 biofilm: from initial cell adhesion to biofilm formation. Biofouling. v. 25. No. 5, p. 401-411. 8. Rodrigues, D.F., S. Sakata, J. Comasseto, M. Bícego, V. Pellizari, 2009. Diversity of hydrocarbon-degrading Klebsiella strains isolated from hydrocarbon-contaminated estuaries. J. Appl. Microbiol. v. 106, p. 1304-1314. 9. Kang, S., H. Herzberg, D.F. Rodrigues, M. Elimelech. 2008. Antibacterial Effects of Carbon Nanotubes: Size Does Matter. Langmuir, v. 24, p. 6409-13. 10. Rodrigues, D.F., N. Ivannova, J. Zhou, Z. He, M. Webner, J.M. Tiedje, 2008 Architecture of thermal adaptation in an Exiguobacterium sibiricum strain isolated from 3 million year old permafrost: A genome and transcriptome approach. BMC Genomics. 9:547. 11. Rodrigues, D.F., J.M. Tiedje, 2008. Coping with our cold Planet. Appl. Environ. Microbiol. v. 76. No. 6. p. 1677-1686. SYNERGISTIC ACTIVITIES - - Recipient of Marvis A. Richardson Fellowship (2006) awarded for quality of research and contributions to the Microbiology and Molecular Genetics department at Michigan State University. Reviewer for scholarly journals: Nanoscale, Applied and Environmental Microbiology, Current Microbiology, Environmental Science and Technology, FEMS Microbiology Letter, FEMS Microbiology Ecology, RSC Advances, Soft Matter, Colloids and Surfaces B: Biointerfaces, Analytical Methods, JZUS-B, Journal of Biotechnology, Global Research Journal of Microbiology(GRJM), Biofouling, among others. Served in NSF Panel review and as ad hoc reviewer for grant proposals submitted to the Antarctica New Zealand Program and the Chinese Research Fund for the Control of Infectious Diseases/Health and Health Services Research Fund. Served as a session chair at the Environmental Challenges and Innovations conference in February 2011 and co-chaired at the 243rd ACS National Meeting section “Nanomaterial Interaction on Biological Interfaces” on March 27, 2012. Member of the American Society for Microbiology (ASM), Association of Environmental Engineering and Science Professors (AEESP), American Society of Civil Engineers (ASCE), and International Society for Microbial Ecology (ISME), International Water Association (IWA), American Society for Engineering Education (ASEE), American Chemical Society (ACS). COLLABORATORS: At University of Houston: Rigoberto Advincula, Fritz Claydon, Abdelhak Bensaoula, Ramanan Krishnamoorti, Hanadi Rifai, At Yale University: Ruth Blake, Menachem Elimelech, At Michigan State: James M. Tiedje, Michael Thomashow, At University of Sao Paulo: Vivian H. Pellizari, Solange Sakata, At Qatar: Mahmoud Essam Rashad Enrico T. Nadres University of Houston, Civil and Enviromental Engineering Department 4800 Calhoun Rd., Houston, TX 77004 Phone: (469)-571-3489. Email: etnadres@gmail.com, etnadres@uh.edu CORE COMPETENCIES • A dynamic and highly skilled PhD Chemist that is interested in applications of polymers and nanomaterials blends for use in environmental applications. • Extensive experience in polymer, nanomaterial and organic synthesis, metal catalyzed reactions and organometallic chemistry, C-H activation with application in the development of new and efficient production of different chemicals. • Authors of several papers that appeared in the Most Read in ACS Publications List, specifically in J. Am. Chem. Soc., J. Org. Chem. and Organometallics. • Developed several cutting-edge transition metal-catalyzed reactions. • Worked independently and with minimum supervision on projects assigned, can come up with creative solutions to given challenges. TECHNICAL SKILLS • Extensive experience in polymer synthesis, such as acrylates from living and free radical reactions. • Experienced in preparation of graphene based and inorganic based nanoparticles. • Knowledgeable in fabricating surfaces with polymer-nanomaterial blend. • Expertise in chemical formulations, design, preparation, and testing of smart polymeric materials for biomedical and surface applications. • Extensive experience in multi-step synthesis of organic and organometallic compounds from milligram to multigram scale • Expertise in the development and optimization of new reactions. • Knowledgeable in C-H functionalization of organic compounds. • Designed and synthesized acrylate polymers, polyesters, polyamides, polyols dendrimers and star polymers by free radical or controlled polymerizations, including post polymerization modification and dye labelling. • In-depth knowledge and hands-on experience in modern analytical methods and characterization including multinuclear (1H, 13C, 19 F, 32P) and 2-D NMR; analytical and preparative HPLC; analytical GC, GPC and GC-MS, FT-IR spectroscopy. PROFESSIONAL EXPERIENCE Post-Doc, University of Houston, Civil and Environmental Engineering, 2014-present • Carried out multi-step synthesis of organic compounds for use as monomers, ligands, initiators, substrate and for application in enviromental settings. • Prepaped nanoparticles such as graphene-based and inorganic nanomaterials. • Formulated polymer and nanoparticle blends for application in environmental industry. • Fabricated surface with antimicrobial, hydrophobic and functional coatings. • Prepared hydrogels with tunable size and flexible composition for use in water purification. • Performed quality analysis of water samples regarding trace metal content and microbial load Post-Doc, University of Michigan School of Dentistry, Ann Arbor, Michigan, 2012-2014 • Carried out multi-step synthesis of organic compounds for use as monomers, ligands, initiators, substrate and for mechanistic studies. • Designed and synthesized low molecular weight polymers, telechelic oligomers and block co-polymers. • Synthesized acrylate polymers for antimicrobial and adhesive and surface deposition applications. • Modified/labelled polymers for biological application, including deprotection and dye-labelling. • Performed microbiological assays such as minimum inhibitory concentration, minimum bactericidal concentration, and microbial count. Research Assistant, University of Houston, Houston, Texas, 2008-2012 • Developed a method that utilizes inexpensive starting materials for the synthesis of pyrrole and furan derivatives. The method was highlighted in ChemInform (42, 16, April 19, 2011). • Discovered a method for synthesis of N-containing heterocycles. The method was highlighted in ChemInform (43, 24, Jun 12, 2012). • Developed a method for the arylation and alkylation of amines. • Synthesized ligands for ethylene polymerization EDUCATION Doctor of Philosophy Organic/Organometallic Chemistry, University of Houston Research Advisor: Prof. Olafs Daugulis Research Topic: Pd-catalyzed C-C and C-N bond formation of heterocycles and amines through CH bond functionalization 2007-2012 Jingjing Fan jfan.career@gmail.com !7009 Almeda Rd, Apt 1733, Houston, TX 77054 ! (713) 582-4560 QUALIFICATION - Highly versatile and capable of executing multiple research work in a very fast paced and multidisciplinary work environment - Well-experienced in Chemical and Biological waste management and disposal - Outstanding leadership and communication skills are demonstrated as a Chief Technology Officer in a business competition team representing the University of Houston - Strong background with extensive hands-on experience, data analysis, method-development, and troubleshooting of various characterization techniques: (1) analytical and spectroscopy (GC-MS, AAS, FTIR) (2) microscopy technique (SEM, EDS, Fluorescent Microscope, AFM) (3) Surface characterization techniques (XPS) - Strong management skills are demonstrated as 2+ years of experience in managing, training and mentoring a diverse group of laboratory students EDUCATION - Pursuing Doctorate in Environmental Engineering, Univ. of Houston – TX M.S. in Environmental Engineering, Univ. of Houston – TX B.S. in Lanzhou Jiaotong University – China GPA: 4.00 Sep 2013 – Present GPA: 3.78 Jun 2013 GPA: 3.58 (Rank 9/116) Jun 2011 PROFESSIONAL/RESEARCH EXPERIMENCE Research Assistant – University of Houston, TX Feb 2012 – Present 1) Oil concentration detection in subsea produced water discharge (Jul 2014-present) - Measuring oil droplet distributions in model produced water with confocal microscope - Determining the characteristics of oil droplets and solid particles in the produced water at the discharge point 2) Antimicrobial properties of novel semiconductor nanomaterial (Nov 2013- Jul 2014) - Pioneered the combination of semiconductor nanomaterial with electron donor for antimicrobial application - Investigated the cytotoxicity and antibacterial activity of semiconductor nanomaterial 3) Nanomaterial thin film composite coating for dual anticorrosion and anti-biofouling action (May 2013-Nov 2013) - Designed the electro-deposition system for nanomaterial coating using electrochemical methods 4) Heavy metal adsorption by biomass (Feb 2012-May-2013) - Identified the metal-resistant bacteria isolated from leachate samples through molecular biology techniques - Comparison of biosorbents with adsorption isotherm model for heavy metal removal capacity Chief Technology Officer – Rice Business Competition representing the University of Houston - Advised team members in technical aspects of project - Core-presenter in all competitions and led the team to final twenty (20/800) - Acted as a liaison between business department and engineering department Teaching Assistant – Environmental Microbiology and Laboratory, University of Houston, TX Apr 2014 Aug 2013 – Dec 2013 - Instructed 19 graduate students in lab experiments regarding microbiology techniques and waste management - Graded quizzes, and evaluated lab reports to provide feedback to professor - Performed risk assessment for various experiments, ensuring lab health & safety regulations are met PUBLICATIONS AND PRESENTATIONS - The synergism of temperature, pH and growth phases on heavy metal biosorption by two environmental isolates, Jingjing Fan, Tugba O. Okyay, and Debora F. Rodrigues, Journal of Hazardous Materials. 2014 (DOI 10.1016/j.jhazmat.2014.07.016) - Antimicrobial Activity of 1T-MoS2 and 2H-MoS2 in the presence of electron donor, Jingjing Fan, Debora F. Rodrigues, Yifei Li, Yao Yan (under review in Water Research) - Jingjing Fan, Debora Rodrigues, Novel antimicrobial activity of semiconductor in the presence of electron donor. Sustainable Nanotechnology Conference, Boston, 2014, November. Eric W. Beydoun (832) 882-7060 | eric_beydoun@hotmail.com SUMMARY Co-founder & CEO of a technology startup. Award winning entrepreneur with three years of business plan competition experience and two years of worldwide experience in sales, negotiating contratcs in America and Asia, working retail in France, and hospitality in Lebanon. Graduated with a Bachelors from a top ranking entrepreneurship program. Fluency in English and French, Proficient in Spanish. AREAS OF EXPERTISE Project management Business Plan Writing and Presentations Customer Relationship Management Leadership and Teamwork seeded from Rugby Basic Financial Analysis Water Filtration Industry Basic Management Information Systems skills French, Arabic, Brazilian, American cultures EDUCATION Baccalaureate “C” (Scientific) Degree – Pau, France European Business School of Paris, France Completed 36 credit hours towards a degree in Business Administration University of Houston Graduated from a BBA in Entrepreneurship Earned Second place at Cougar pitch 2013, University of Houston Elevator pitch competition Fall 2009- Fall 2010 Fall 2010- Fall 2014 Wolff Center for Entrepreneurship, C.T. Bauer College of Business, Spring 2013 – Fall 2014 Earned one of forty-one spots into the nation’s elite entrepreneurship program Participated in over twenty out of classroom activities including Warren Buffet Trip, PEP, and Wolffest Led team to first place in entrepreneurship competition against Stanford, Rice, and MIT MBA teams Southeast Asia Study Abroad Summer 2013 Team Leader Traveled as team leader for four weeks, focusing on social entrepreneurship in Hong Kong, China, and Vietnam Negotiated and purchased coffee and t-shirts to sponsor $8000 worth of microfinance loans for underpriveliged families Worked closely with group members, professors, NGO’s, international entrepreneurs, and loan recipients WORK EXPERIENCE Wavve Stream Inc. (Houston) Fall 2013 - Present Co-Founder & CEO • Strategised business implementation, effective operations, and managed team of 6 people • Developed R&D strategy and managed science personnel • Competed in 8 business plan competitions, raised $40,000 in award prizes • Applied for 2 research grants, governmental & institutional, raised $50,000 in award. • Signed Exclusive License rights to 2 Nanotechnology patent pending IP Decathlon (Lescar, France) Internship, Outdoors Sports Sales • Exceeded Department Sales Target • Earned maximum salary for Intern based on sales performance • Interacted with International customers Summer 2010 Hotel Bristol (5-star hotel in Beirut, Lebanon) Spring 2010 Internship, Front desk & Events • Provided administrative support for major Hotel Events • Handled Front Desk tasks such as: guest check-in, currency exchange, sale of additional services IVETTE RUBIO (832) 445- 5729 | irubio@wavvestream.com EDUCATION University of Houston, BS College of Technology Supply Chain & Logistics Technology 2012-2015 University of Houston, C.T. Bauer College of Business Wolff Center for Entrepreneurship Graduate 2012-2014 Lone Star College, North Harris AAS in Paralegal Studies 2009-2011 SKILLS AND KNOWLEDGE Bilingual: Fluent in Spanish Proficient in all Microsoft Office programs and legal operating systems including: Time Slips, Time Matters, ProDoc and Outlook EMPLOYMENT HISTORY Wavve Stream, Inc. - Co-Founder & Leading Grant Manager 2013- Present • Developed start-up strategy, negotiated exclusive world-wide license on 2 patent pending IP • Nanotechnology commercialization, market research and SWOT analysis • Strategic intellectual property development through R & D • International business plan competitions, raised $40,000 in award prizes • Governmental funding opportunities, leading manager for EPA SBIR grant proposals • Institutional research proposal raised $50,000 in grant award from U of H. Shriver & McLean, LLP- Legal Assistant January 2011- 2013 • Correspond with opposing counsel, court personnel, and clients • Managed consultations and maintained accounting documents, case files, and marketing material • Input legal time sheets and handle all billing • Translate legal communication in Spanish McNamara Law Office- Paralegal Internship July 2010- January 2011 • Correspond with opposing counsel, court personnel, and clients • Draft pleadings and prepare Prenuptial and Partition Agreements • Set consultation appointments and maintain accounting documents and case files U.S. Census Bureau- Enumerator, Seasonal • Conduct interviews and assist communities with Census Questionnaires Pappas Restaurants Inc.-Office Administrator • Input invoices, inventories, time records, and applicant flow data • Processed cost analysis and weekly sales reports for head management • Managed 30 employee files and processed bi-weekly payroll • Prepared daily bank deposits of $6,000 for armored personnel April 2010-June 2010 April-2006-April 2010 Capital One Bank-Bank Teller April-2006 April 2008 • Balanced daily drawer of $28,000 • Assisted clientele with deposits, transfers, withdrawals, loan payments, and issuance of gift cards and traveler's checks. JULIA LOENNEGREN 5334 Beverlyhill Street, Houston, Texas 77056 (832) 978 3076 jlonnegr@gmail.com Education BBA in Entrepreneurship, Bauer College of Business, University of Houston, Houston, Texas Cougar Pride Leadership Academy Member Financed 100% of education through athletic scholarship Employment History Wavve Stream Inc. August 2013-2014 Co-Founder • Business plan development and implementation of nanotechnology-based water filtration systems • Commercialization and monetization of intellectual property • Establish team goals, mission and vision of early start-up company • Coordinate meetings with mentors, investors and stakeholders • Public speaking at national and international business plan competitions Lululemon Athletica, Houston, Texas June 2013-January 2014 Educator • Provide guests with highest quality experience and in-store education in regards to products, culture and community through articulate and authentic dialogue • Product Education: inform customers on fit, functions, features and fabric properties • Culture Education: express the culture held by the company through entrepreneurial responsibilities and an atmosphere of passion, empowerment and fun healthy living • Community Education: share health and fitness related community occurrences to guests • Processing of stock from warehouse, involving: merging and inventory control OMAB (Construction Company), Loddekopinge, Sweden May 2010-August 2010 Billing Coordinator & Administrative Assistant • Manage daily business tasks: A/P, A/R and G/L • Enter, match and process invoices on a daily basis • Calculate salaries regarding hours worked, 20 employees • Cash handling procedures: compute and record daily revenue of affiliated car wash company • Answer 10-20 daily phone calls, assist and redirect to correct departments Skills • Complete Microsoft Office capability • Trilingual: Fluent in English, Swedish and Norwegian Awards • Wells Fargo Clean Tech Prize, Rice Business Plan Competition, 2014 • First Place at the Global Student Business Plan Competition, 2014 • World Championship Platform Competitor Diving Shanghai, 2011 • MVP University of Houston Swimming & Diving, 2013 • National Team Representative Diving, 2007-2013 • Champion Platform Diver, Ranked # 1 in Scandinavia, 2010-2012