Page 145 - Biorefinery 2030

Annexes 113

Was it the result of a decision made by the board of directors?
Was it the result of a collective decision (annual general meeting of the members
of a cooperative, city council.. .)?

2.3 Business Model of the Biorefinery

The aim is to describe and explain how the bio-refinery creates value through its
positioning on the market and in the value chain, the characteristics of its produc-
tion, its production process, its cost structure, its governance and policies.
Among these indicators, it would be useful to know:

– The amount of investment (Capital Expenditure) and how it was financed.
Table 1 Examples of tables giving the amount of investment and how it was funded
Inception First Latest Most recent
year upgrade upgrade year
Amount of the
investment
Long term debt

Table 2 Examples of tables giving the amount of investment and how it was funded
Initial investment
Funding sources Amount % of total funding
Equity
Quasi equity (specify its nature)
Leasing
State/federal subsidies
Regional subsidies
Municipal/city subsidies
Guaranteed loans
Other
To be specified

– volume and value of inputs (and how they have evolved since creation)
Table 3 Example of table showing inputs: biomass by product and value (at two points in time)
n 10 n 5 n 2 Most recent year (n)
Wheat
Beets
Alfalfa
Other
To be specified