Business Plans: The nova-Institute launches new consultancy services for the renewable chemicals and materials industry

The nova-Institute is pleased to announce the launch of its latest offering: comprehensive business planning and consulting services for companies seeking to attract investment and expand in the renewable chemicals and materials industry. With our unrivalled industry expertise and research-based consultancy services, we focus on the transition of the chemicals and materials industry to renewable carbon. Our comprehensive approach includes technological options, the evaluation of raw material supply, market analysis, opportunity identification, and techno-economic investment assessment, alongside essential elements such as product distribution strategies, financial planning – cash flow analysis, revenue and cost projections, liquidity in the start-up phase of the plant, break-even points and ROI/IRR. This ensures our clients can navigate the complexities of this dynamic sector with a strategic, well-rounded business plan tailored for success.

Developing a comprehensive business case for investment

Developing a robust investment business plan is a multi-faceted process that requires in-depth understanding and strategic foresight. The process begins with a clear definition of the business, including market segmentation and sizing, identification of target end-use markets and countries, configuring the product slate, conducting a SWOT analysis and establishing a market approach. This is followed by a detailed market and competitive landscape analysis, tracking market trends by segment, understanding customer characteristics and analysing the competitive landscape. Creating a compelling value proposition and identifying key points of differentiation are critical steps in positioning within the market. Using a collaborative approach, our consultants help to define core competencies, develop go-to-market strategies and establish methods for securing market share.

A sound product distribution strategy is also essential, including product branding and marketing plans, competitive and value-based pricing, distribution channels, logistics and customer support services. Techno-economic evaluation includes managing raw material supply, setting up new plants, evaluating available technologies and exploring potential partnerships with licensors, as well as analysing historical price trends and forecasting future price dynamics. Financial planning is critical and includes financial estimates, capital requirements, cash flow analysis, revenue and cost projections, liquidity in the start-up phase of the plant, break-even points, ROI/IRR, and assessment of financial risks and exit plans. This holistic approach ensures a comprehensive and strategic business plan tailored to investment success.

The nova-Institute’s unique value proposition

The nova-Institute’s value proposition is built on a foundation of extensive expertise and a unique blend of skills. Specialised expertise is offered with 30 years of combined industry experience in the renewable materials and chemicals sector. An integrated approach utilises a unique blend of highly technical researchers, industry experts, and market research consultants, ensuring comprehensive solutions to grow businesses. Achievable organic and inorganic growth strategies are developed, supported by a deep understanding of industrial and end-market applications, and techno-commercial due diligence is provided in an efficient and cost-effective manner.

Additionally, an extensive network of internal and external experts along the renewable materials value chain is maintained, enabling objective gathering and analysis of both quantitative and qualitative information, ensuring robust and actionable insights. Technology scouting capabilities and feedstock assessment expertise further enhance the ability to provide comprehensive advisory services.

Consulting services can be tailored to meet the diverse needs of clients, whether it’s a brief assessment of results, a simplified business plan canvas or a comprehensive business plan report. These services are designed to appeal to a wide range of clients including large corporations developing spin-offs and new products/services, venture capital firms, financial institutions and banks, SMEs, start-ups and technology licensors. The nova-Institute is committed to helping companies in the renewable materials sector achieve sustainable growth and secure investment. The tailored advisory services address the unique challenges and opportunities of this evolving industry, ensuring our clients can confidently navigate their way to success.