Good Morning and Wishing you all a happy Friday
This week we made a good progress..
Most of complaints regarding token allocation have been resolved..
We signed an NDA with London based Asset Management Company to raise the project funds to develop three organic fertiliser plants..
We have signed three way collaborative agreement for biofuel project. Now working out the structure on it.
We are awaiting result for the application made for government fund for UK/ Canada collaboration. we will know the result end of this month.. It’s a tough competition and if we are successful, it will give us a good boost.
We have applied for pre-qualification for Enterprise Investment Scheme (EIS) which gives up to 50% tax relief for UK investors who invest in our business. Almost 80% of the capital is protected by the government.
We have a strong candidate willing to join us as Chief Financial Officer (CFO), which will be crucial for further business development.
Now UK is committing to net zero carbon emission by 2050, the green tech industry is a growing industry. It is worth more than £1 trillion in UK alone, a huge potential to go after, we are concentrating on $1.2 trillion worldwide industry sector. After all we all have to eat for survival.
Some councillors are asking for our company when they consider attending exhibition too.. exciting times ahead
More updates to follow..
We thank you for all those who believe in our project..
