We utilize a proven six-step process to develop a pipeline of investment grade projects, from concept to successful execution, ranging in size from $25-$100M across diverse, interrelated sectors. In order to successfully develop multiple projects at once for the lowest cost, it is paramount that we utilize a defined process. ThinkBox has refined its process through trial and error over almost 15 years. Our experience allows us to develop complete projects that are ready for final funding.
Our approach allows end-users and strategic partners to accomplish several goals core to their operations:
- Raise required capital for critical energy, water and infrastructure projects, paid from increased efficiency.
- Significantly reduce energy, water and operations costs.
- Profitably re-use waste materials.
- Develop underutilized assets.
- Generate renewable power / fuel in underserved areas.
- Reduce harmful environmental emissions.
- Meet regulatory mandates.
- Create new jobs / tax base.
Step 1- Goals and Data
ThinkBox develops projects to meet the specific needs and characteristics of each individual opportunity, based on the goals and objectives determined at the outset. We begin with a “Data First” approach by performing a in-depth data gathering process that compiles all the critical information required to understand the end-use partner; goals and objectives, operations, energy and water usage, economic condition, in-house skills, regulatory requirements, infrastructure condition, technology status, geographic advantages / disadvantages, available natural resources, transportation options, permitting requirements, and environmental disposition.
Step 2 - Project Concept – Go / No Go
The next step is to assess the data in totality and determine the strengths, weaknesses, opportunities, and threats of any potential project. We evaluate potential risks, engineering feasibility, regulatory hurdles, in-house challenges, and availability of strategic partners. After assessing the data, we work with our strategic partners to make a “Go / No Go” decision.
Step 3 – Business Planning – “A Fully Baked Cake”
Once a project has been determined to have potential to meet the economic and non-economic goals a detailed business / strategic plan is developed. Each plan at a minimum includes; management team requirements and recruiting plan, technical and engineering and technology analysis, permitting, financial modeling / cost baselines, financing structure, execution support plan, capturing trading credits, monetizing / licensing patented technologies, measuring and verifying results, reporting and communicating to stakeholders. It is critical that at this step that all key points required to ensure the financial viability of the project have been identified and checked off. All risks identified and mitigation plans established.
Step 4 - Funding
At this point the project is ready to seek funding. ThinkBox plays an instrumental role by identifying potential sources of funds, drafting all required documentation, presenting the project to prospective funding sources, negotiating terms and structure, supporting the strategic partner through closing.
Step 5 – Plan Execution
Once funding has been received, ThinkBox serves as manager / operator, or as third party support as required in the business plan.
Step 6 – Measurement and Reporting
ThinkBox measures results including savings, revenues, profitability, cash flow, and non-economic golas as detailed Step 1 of the process. We report these results to stakeholders and make course corrections as necessary.