Growing Fresh Food in the North Dan Perpich Linda Janes Cameron Willingham (907) Dan Perpich Linda Janes Cameron Willingham (907)

1 Dan Perpich Cameron Willingham Linda Janes 3 years as a business consultant Army veteran MBA, IMD 2013 BS Env. Eng. USMA years as a business consultant Army veteran MBA, IMD 2013 BS Env. Eng. USMA years agriculture experience 6 years in Controlled Environment Agriculture research Hydroponic Consultant 8 years agriculture experience 6 years in Controlled Environment Agriculture research Hydroponic Consultant 7 years of sales and marketing in Alaska Army veteran MBA, UAA, 2012 BS Biology, UAF years of sales and marketing in Alaska Army veteran MBA, UAA, 2012 BS Biology, UAF 2006 Our Team

Alaskan Food Economics Controlled Environment Agriculture Our Solution Discussion

Alaskan Economy– 2012

Challenges Seasonality Land Preparation Low quality imported food Skilled Labor Long term Planning Lack of Support Industries Lack of Agriculture Industry

Resulting Supply Chain $0.42 $5.09 $0.48 = $5.99 (Dillingham, March) 4-7 days

Indoor Agriculture

Our Farm

Main Reservoir Main Reservoir How it Works EA C B D Grow Room F Charging Reservoir Control/Starter Room Control Systems Nutrient Tanks Nutrient Tanks

How it Works Grow Room 450 plants/week, 1800/month, 23,400/year Control/Starter Room Heat system is modular Top off water once per month System compatible with any electric grid

Produce Direct to Stores Variety Quality Consistency Higher value crops yield higher profit

Operating Costs Electric Uses 146 kwh per day At $0.40 per kwh, means $58 per day, $1775 per month, and $21,000 per year Heat Standard Toyo Laser 56 (will transition to 53 upon release) Predict about 100 gal of heating oil per year; at $5.00 per gal, ~$500 per year. Water Must have access to ~500 gal per month At $138/month flat rate in Kotzebue, $1656 per year Growing Supplies Requires $6000 worth of growing materials per year We can provide first year supplies at discount Labor ~8 man-hours per week (unskilled labor) ~$5800 per year at $15/hr wage Total Annual Cost: $32,000 Cost per plant: $1.36

Revenue Total Annual Revenue: $117,000 Total Annual Cost: $32,000 Income before taxes: $85,000 Projected breakeven point: ~1.5 years

Offerings Grow Systems Business plan support Marketing support Finance support Grow Systems Business plan support Marketing support Finance support Maintenance Consulting Education Materials Growing Marketing Maintenance parts Materials Growing Marketing Maintenance parts

Racks set up Control/Starter area