Iowa BioTech Innovation Showcase and Forum Partnering for Growth March 20-21, 2018
COMPANY SUMMARY FOUNDED: NOV 2013 LICENSED TECHNOLOGY FROM THE OHIO STATE UNIVERSITY PATENDED MICROBIAL INOCULANT DELIVERY SYSTEM
THE TEAM CEO Bruce Caldwell Dennis Overmyer Becky Williams-Wagner Former SVP R&D ScottsMiracle-Gro, P&G Former President, NanoMed MBA, BS Chem Eng Dennis Overmyer Business Development Lead 20 yrs. Ag Sales & Marketing Cert. Crop Advisor, BS Agronomy Becky Williams-Wagner Principal Scientist PhD, Microbiology Postdoc on B. Subtilis Viability CSO Jane Fife Former R&D Lead Battelle Microbe Delivery Systems Expert PhD Ag Eng
7 Billion 10 billion More Calories in next 30 years than in the previous 500
Market Demand Increase yield per acre of farmland Reduce environmental impact
BIOLOGICS $5B MARKET 15% ANNUAL GROWTH DRIVEN BY LIVING MICROBIAL PRODUCTS
THE PROBLEM: HIGH MORTALITY -> POOR RESULTS LIMITED DIVERSITY OF BENEFICIAL MICROBES l
THE ANSWER: BIO-Yield® PATENTED DELIVERY SYSTEM ACTIVATED ON FARM ON-SITE GROWTH = FRESHEST MICROBES APPLIED IN-FURROW OR ON-SEED
Initial Core Target : Ohio Region Farm Size 1000 Acres Cost $5,000 Yield Increase 8,500 Bushels Profit $25,000 ROI 5x
COMMERCIALIZATION PLAN Phase 2 Expansion 175,000 Target Farms $2.4 Billion Impact Potential $202 Million Revenue Potential Phase 1 Ohio Region 25,000 Target Farms $340 Million Impact Potential $29 Million Revenue Potential
FINANCIAL PRO-FORMA: A SOLID START 2014-2017 2X YEAR ON YEAR SALES 75% CUSTOMER REPEAT HIGH GROSS MARGIN FOR 3BAR & DISTRIBTORS $1M GRANTS TO DATE $2M EQUITY FUNDING TO DATE SEVERAL JOINT DEVELOPMENT AGREEMENTS
MILESTONES ✔ CAPACITY EXPANSION SERIES A FUNDING VALIDATE LICENSING MODEL 5th GROWING SEASON (CORN, SOYBEANS) BUILD OUT TEAM ✔ Q118 Q218 Q318 Q418 Q119 Q219 Q319 Q419 2018 2019
OPPORTUNITIES DEVELOPMENT PARTNERS WITH BENEFICIAL MICROBE LIBRARY GROWER PARTNERS FOR FIELD TRIALS DISTRIBUTION PARTNERS INVESTORS FOR A ROUND TARGET Q1-Q2 2019
Bruce Caldwell Jane Fife CEO brucecaldwell@3barbiologics.com 614-271-9388 Jane Fife CSO janefife@3barbiologics.com 614-296-6041