David Hauck II
Fairfield, IA (USA)
Role(s):
Founder/Owner/Principal
Solargreen
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Startup
Location:
Fairfield
Industry:
Energy
Year Founded:
2008
Number Employees:
10-50 people
Description:
Our company is working on gaining venture capital in order to produce bio fuels from algea. We have a location in central california where we can purchase several hundred acres of flat land. The location will be suitable to the growth and transport of our biomass to produce bio diesel as well as fermenting biomass into ethanol. Which we plan to use in several ways to increase yield over time. We believe that our methods can produce very good yields threw our separation and conversion process. We expect to have revenue in the first year of up to 50% of the initial investment. By the end of year two profits should excede the initial investment by nearly 10%. We are currently seeking
12 million dollars for this to become a reality.