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Iowa BioTech Innovation Showcase and Forum
Partnering for Growth March 20-21, 2018
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COMPANY SUMMARY FOUNDED: NOV 2013
LICENSED TECHNOLOGY FROM THE OHIO STATE UNIVERSITY PATENDED MICROBIAL INOCULANT DELIVERY SYSTEM
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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
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7 Billion billion More Calories in next 30 years than in the previous 500
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Market Demand Increase yield per acre of farmland
Reduce environmental impact
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BIOLOGICS $5B MARKET 15% ANNUAL GROWTH
DRIVEN BY LIVING MICROBIAL PRODUCTS
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THE PROBLEM: HIGH MORTALITY -> POOR RESULTS
LIMITED DIVERSITY OF BENEFICIAL MICROBES l
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THE ANSWER: BIO-Yield® PATENTED DELIVERY SYSTEM ACTIVATED ON FARM
ON-SITE GROWTH = FRESHEST MICROBES APPLIED IN-FURROW OR ON-SEED
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Initial Core Target : Ohio Region
Farm Size Acres Cost $5,000 Yield Increase ,500 Bushels Profit $25,000 ROI x
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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
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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
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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
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OPPORTUNITIES DEVELOPMENT PARTNERS WITH BENEFICIAL MICROBE LIBRARY
GROWER PARTNERS FOR FIELD TRIALS DISTRIBUTION PARTNERS INVESTORS FOR A ROUND TARGET Q1-Q2 2019
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Bruce Caldwell Jane Fife CEO brucecaldwell@3barbiologics.com
Jane Fife CSO
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