BG INNOVATION INSTITUTE BORN GLOBAL BIOECONOMY 2050 Be the Innovation Be the Change Contents ?What you D0 is simply the proof of what you - Simon Sinek “Everything has a way of coming full circle. It takes patience and perseverance to see a dream through... to close that circle. Because some dreams, like some circles, can be much bigger than others.” - Karen Dale Trask Be the Innovation Be the Change In a world where we are now using 1.6 times the Earth’s resources to support our human survival, we need to focus on the fact that there is no emergency back-up planet. We need to move our global economies away from a take, make and dispose industrial model to a circular economy that is restorative and regenerative by design. The Mission of the Born Global Innovation Institute (BGi2) is to drive innovative solutions to revitalize ourselves, our communities and our economies. Our core focus is the implementation of our visionary initiative Bioeconomy 2050. Page 1 Dr. Maria Pineda Global Risk 8: Policy Nora Brownell FERC. National Grid a! - Vladimir Matias ussia, Finance Mike . Eric Dyevre GE- .?ii'bltl'?tlci'l Law RATP. CRE France r'hi'm?f?? Julia Weller Energy Law. Policy-Wash. DC. Ku rt Ha kansson ABE. Alstorn Areva Branrto Terzic FEPC. Deloitte. Vankee Energy Quiniones CEO-NYPA. Walter Howes Private quity. Dept. of Energy Paul Alonso Legal regulatory Hatdrun Loidl Jimmy Massaacl European Markets US Markets/ 36 Challenges Rom Global Nicholas Massaad Project Execution Born Global Page 2 Dr. Phil O'Conner AES Constellation Kelly Soeakes MD PUC: Alliance to Save Energy "1'11! Patrick McCloslczey Energy Investment-US Dr. Ashley Brown Harvard Kennedy School I q? .- Amit Kapor ino?ia i egai regula'mry Julian Massaad. ME Techno?Economic Analysis Born Global Dr. Andrew Patterson Washington Policy A STRATEGIC OBJECTIVE Our strategy is to match regional energy needs with innovative solutions by harnessing the raoicily expanding global entrepreneurial Dr. Kimberly Samba Chief Executive Of?cer THE BORN GLOBAL STORY People and Purposeful Action We created the Bordeaux Energy Colloquium in 2002. Our mission was to gather global energy leaders, address critical issues and then transform our collective influence back into the marketplace. The work has been insightful yet we realized the white papers circulating were not generating the results and impacts we originally envisioned. What we really want to do is to get individuals, companies, NGOs and the public-sector interested and excited about where our energy comes from and how we can individually and collectively be part of transforming a very inefficient economic and environmental global energy system. Energy is invisible, an end product. Getting people jazzed up about innovation in the form of transformers is a real non-starter. The struggling innovators and entrepreneurs are all around us but it seems ‘death by pilot’ had become the norm in the world of energy innovation. We hold a different vision: a smaller more distributed network of energy. A vision where a connected ecosystem that could support a more local and efficient way to make and consume energy, where waste-streams could be integrated into valuable inputs to onsite co-hosts. One where distressed assets – the left-over scars of our industrial era- could be repurposed and in turn revitalize rural communities. This vision is much bigger than just energy, it's about creating a true economic shift toward CIRCULAR BIOECONOMIES that are restorative and regenerative by design. The result is the creation of the Born Global Innovation Institute: a global invitation to embrace the reality that in today’s world we are all Born Global and have within us the potential to Be the Innovation and Be the Change. Our Bioeconomy 2050 initiative is our vehicle to drive this change and collaboration. Page 3 BIOECONOMY 2050 Born Global's Bioeconomy 2050 Initiative A Technology Commercialization Platform for a Global Bioeconomy – 2050. Born Global Innovation Institute (BGi2) envisions a full transition in three critical areas: Waste, Energy and Food. BGi2‘s sophisticated set of tools centers on strategic execution of the Bioeconomy 2050 vision resting on three pillars: 1 Zero-Waste Model- Waste is an energy feedstock. Energy Waste can be used in Food Production and lead to operating cost reductions. Food Production Waste can be used as feedstock to energy as well as bioplastics. 2 Process Innovation- Focus on efficiencies as a whole being greater than the parts – about how these systems can work better by engineering the process, then finding the innovations to implement real needs. 3 Circular Bioeconomies and Replicability- Start with real projects, Prove the model, Create geographic clusters and Replicate further into more clusters until a global networked ecosystem is built that becomes a robust bioeconomy. Page 4 Zero-Waste Model Process Innovation I Circular Bioeconomies Replicabilit Page 5 BIOECONOMY 2050 BGi2 Programs A robust approach featuring integrated programs that are founded in publicprivate partnerships and execution excellence. 1 Innovate State Programs- Customized Innovation Ecosystems in regional Corridors focused on specific bio-product niches where rural revitalization and community development meets innovation. 2 Born Global Innovation Challenges- Identify, Incubate and Accelerate commercialization of the most promising innovations from entrepreneurs and researchers cultivated to match opportunities/ niches of participating states. 3 Capital Mobilization- Smart capital to support new products, markets and community initiatives in job training and infrastructure development. 4 Living Labs and Innovation Tourism- Awe deserves a comeback! Through thoughtful design and innovative experience-driven events, we engage the public, citizen scientists and investors in the present and future bioeconomy. 5 Thought Leadership and Curated Discourse- Bordeaux Energy and Beirut Ethics Colloquiums- uncommon conversations that transform insight into action. Page 6 Status: First BG Innovation Challenge launched in Maine in 2016. Strategic and Research Partnerships with University of Maine, MTI, Siemens Corporate Technology, Shell/ CRI IH2® and local companies. Colloquiums Scheduled for Fall 2017. OUR VISION Nothing Worth Having Comes Easy... We believe in Circular Bioeconomies. We start with real waste-streams as an energy feedstock and then we design out efficiency waste everywhere we find it in our closed-loop zero-waste project platforms. We believe in Process Innovation. We are systems thinkers and realize technology is only one part of the greater whole when your aim is transformational change at the global economic level. We believe in Public-Private Partnerships.We start with partnerships with governments and communities to turn one-off projects into organized statewide clusters that drive real community development and economic growth. We believe in Collaboration. Ambitious plans and aspirations for the future require partnerships and piloting for replicability. This is what creates the trajectory for systemic change and shared learning is the best way to create replicability and global market acceptance. We believe this is an idea whose time has come… Page 8 m. 5. .m ovmeIL. a, WHO WE SERVE Meet the New Faces of Innovation Bioeconomy 2050 is our program and campaign that starts with a rural resurgence movement about social balance, economic prosperity and healthy environments. We aim to bring innovation back to nature and dignity back to hard work. Our vision of a global Bioeconomy is led by the unsung heroes: the builders, farmers, fisherman, scientists, educators, creatives and storytellers. "For me personally, I grew up in a family owned logging company so I can fully understand that this business as a whole has its extreme highs and lows, but when these plants shuttered, the area logging companies were at an all-time low. It was the last straw for many with mills closing all around, which forced some to permanently go out of business while others laid off many employees. I grew up with many of these logging families so it was a double-edged sword for me. As with many at the plant, I had 11 years of myself invested into the plants. These plants employ highly skilled, devoted individuals and many were looking at either having to go over the road for their trade or move from the area or even the state." -Karen Byther, Maine How We Do It By starting with what is already there, Born Global seeks out the communities challenged by a fast-changing economy and their distressed assets.We find their value at the core of their power plant potentials. By resuscitating this energy heart, we give new life through rejuvenation projects with the communities that surround them, driving innovation deeper into the projects over time. Page 10 Page POWER OF CHALLENGING CIRCLES Born Global Innovation Challenges Accelerating Innovation Challenge Process: The Born Global Innovation Challenge is a call to ACTION. It’s a bold invitation to the global pioneers to rise up to the challenge of commercializing their innovations that will solve a region's specific problems. Proprietary Bio-Database 1 Maine Born Global Innovation Challenge: Addresses the global shift to a Bio-Economy and invites worldwide innovation into real projects and real revenues within The State of Maine. The goal is the construction of 2-3 utilization pathways for woody biomass that will be developed into financeable business plans for implementation within the State of Maine. 2 Born Global Slip-Stream Challenge: Aims to drive the development and commercialization of innovative products from biorefinery and bioenergy processes. The focus is on Biochar, Wood Ash, CO2, Lignin, Waxes and C5/C6 sugars with a goal to improve the overall profitability of biobased projects and create replicable models for deployment in the U.S. and Europe. Page 12 (over 1500 bio-based companies) Private Portals QCA Prequalification Process (factors are necessary vs. optional?) Concept and Cooperation Agreements MAINE BORN GLOBAL INNOVATION CHALLENGE BORN GLOBAL SLIP-STREAM CHALLENGE Status: 56 applicant companies narrowed down to 14 Prequalified and continuing through a deep techno-economic vetting process. Status: Launched and accepting applications through the Born Global Private Portals. Page 13 POWER OF CLUSTERING CIRCLES Born Global Bio-Clusters The next goal is to de-risk the adoption of new innovations and create large economic development and jobs by attracting finance for multiple projects within a concentrated region where economies of scale are realized, not in one big project but through a cluster of better smaller ones. 1 Techno-Economic Analysis of the Ecosystem: We identify the value-chain bottlenecks that might inhibit the rapid deployment of new products. They might be challenges in feedstock, regional transport & logistics, policy structures or technology readiness. 2 Site Specific Due Diligence: What are the specific site opportunities and constraints? Which mix of technologies identified through the Born Global Innovation Challenge will create the greatest profitability for the specific project and the development team? 3 Financeable Business Plans: Site specific business plans are then given the opportunity to attract financing collectively, both through the solicitation of Federal funding and by creating a large enough opportunity to attract institutional investors who are not normally interested in one-off project financing. Page 14 - I . 5:0. I. ion-Ii $13; .. .0 POWER OF EFFICIENCY CIRCLES Stored Solar- Energy Park The Stored Solar Energy Park is being developed on a 245 acre property with an existing 24.5MW woody biomass to energy plant in Maine. The plant was closed in April 2016 and was one of several closures in the center of Maine’s wood-basket which was once the thriving heart of the paper and pulp industry, leaving hundreds unemployed and the area in complete economic depression. The Born Global Innovation Challenge screened greenhouse operators in North America and Europe and aquaculture developers from Hawaii to Russia. The partners selected consist of a greenhouse developer for a 60 acre pepper/ tomato greenhouse and a shrimp farm which can recycle the low grade heat, as warm water, normally wasted through the power plant's cooling towers. The Challenge narrowed down 56 applicant companies to a prequalified list of 14 biorefineries. A US DOE loan for the development of a $240M biorefinery was applied for with the Maine Technology Institute as an active sponsor. "The ability to use power plant waste water to grow shrimp could be a hugely beneficial project. Growing shrimp in bio-floc systems with an emphasis on the use of recycled water is already one of the most environmentally friendly forms of protein production... Success in this venture could not only lead to economic success, but to improvements in agricultural wastes, fisheries, human health, and local economies, in and beyond the State of Maine. As such, I am honored to be a part of it." - Patrick Watson, Shrimp Farming Expert Page 16 ENERGY 24.5 MW Biomass Power Plant Fuel Source: Woody Biomass AGRI/ AQUA COHOSTS Pepper Greenhouses: 30 acres Tomato Greenhouses: 30 acres Shrimp Farming Facility BOLT-ON BIOREFINERY Biofuel Biochemicals Biochar POWER OF INTERCONNECTED CIRCLES Stored Solar Jonesboro- The Living Lab This active project in Maine faced additional challenges in its location which created feedstock supply problems and the transportation infrastructure limitations to create industrial size hosts in either biofuels or agricultural greenhouses. Born Global addressed these limitations by looking a bit harder at local environment to find more creative solutions.We see enormous potential for Jonesboro to play a critical role in Bioeconomy 2050 as a host site for the first Living Lab in the US. Vacation Destination: A pristine coastal environment, only 1.5 hours from Bar Harbor, one of Maine’s largest tourist attractions. Hardtech Incubator: Located next to the University of Maine- including the Blueberry Research Center. Maine Maritime Academy- a world-class power engineering program and hard-tech lab. Born Global launched the concept of creating a ‘Living Lab’ and extended its Challenge to find other global examples of comingling academic research and vacation destinations.The end result is the Born Global partnership with the Page 18 -in Cornwall, UK. POWER OF CONNECTING CIRCLES Innovation Tourism We call it Innovation Tourism where visitors have a chance to become part of the bio-innovation conversation. It is about interdisciplinary understandings, inspiring academics and students and new types of experiential learning. It is about being connected to an international community where shared learning is the norm. The Living Lab is a magical and enchanting place where ideas meet action everyday and storytelling, music and art brings this human innovation of life to broader and broader audiences. Innovation Tourism is how we can celebrate our differences through festivals and summits that engage, awaken and open us to the experience life in new and novel ways. It is a diffusion of our collective influence of not only our willingness but our committed action to evolve our human impact on this planet away from extraction and ultimate destruction to reutilization and rejuvenation. "If everyone were to transform where they living into a place of beauty and hope, the world will be full of promise and the path to a sustainable future will be a little clearer." - The Eden Project Page 20 POWER OF INFLUENCING CIRCLES Innovate State Program Storytelling and Promotion The Innovate State Program includes a marketing and innovation tourism initiative to promote and support the Bioeconomy and showcase the story of innovation in participating states. Key Features: 1 Innovation Tourism: Complements existing tourism activities and builds out opportunities for business and international events. 2 Innovate State Festivals/ Thought Leadership Summits: Opportunity for strategic partnerships with brands. 3 Transmedia Campaign: Creates a two-way communication platform for Innovate State stories and events to follow visitors home through mobile applications and social media. Governor Paul LePage - ABLC 2017 Page 22 i: 5 r. :5 Transmedia paign Innovation Thought Summit BIOCHAR POWER OF CASCADING CIRCLES Born Global's Commercialization Acceleration Program works in conjunction with the Living Lab, State Universities and Hardtech Research Centers. BGCAP takes early stage ideas through laboratory, R&D, to pilot scale. When gaps in the value chain are identified in our real projects, BGCAP fills them in. The first BGCAP initiative is the Biochar Filter to Fertilizer cascading research and product development. A world class team comprised of Shell/ CRI IH2® biorefineries, Siemens Corporate Technology, Ithaka Institute, University of Maine, Maine Maritime Academy and local hops grower Alna Hopyard have come together on a project to prove the efficacy of the slip-stream of biorefineriesbiochar, as a filter for power plant stack emissions and aquaculture effluent waste.These filters will then be crushed into a fertilizer and put into a hopyard on site that will be growing hops for production of local Maine microbrewers. FILTERS The strategy for this project is not only to find new products for biochar, but more importantly introduces a new economic model of cascading uses.Within a closed loop, zero-waste site, cascading uses for slip-streams are crucial to increasing the overall profitability of the project and serve as a replicable model for how biorefinery projects are designed and built. Page 24 BEER _w_O_U/m_n_Zm_w< w_OZ>mm mZ_mm_OZm 3mm Nu mijENmW POWER OF REPLICABLE CIRCLES Graphene Corridor Corridors of Innovation Ecosystems How do you build a Silicon Valley from scratch? - Well, you don't. To build a regional innovation ecosystem today, you need to start with what is already there and use a structured systems approach to integrate the right mix of physical infrastructure, regional policies, innovation incubators/ accelerators and simplified funding. This is the Graphene Corridor Vision. An innovation ecosystem for the creation of a commercialized Bioeconomy by 2050. Working with state economic development organizations, key stakeholders can work together to implement a series of initiatives to foster and bolster innovation throughout this east coast corridor. Expansion of the Graphene Corridor to the west coast and the Great Lakes region is easily achieved given its base of biomass to energy plants and innovation incubators/ accelerators already in place. Our visions for Stored Solar Energy Park and Jonesboro The Living Lab are to play an enormous role as a destination to demonstrate the power of the bioeconomy just as towns and cities in Silicon Valley have in the story of global technology advancement. Page 26 Biomass to Energy Plants Accelerators/ Incubators Clusters GRA PH EN E R IDO R R CO Resources Invested Industry Investors Translational Research Valley of Death Foundations Small Business University Discovery Development Commercialization Page 27 POWER OF VIRTUOUS CIRCLES Bordeaux Energy Colloquium DISTILL COMPLEXITY INTO CLARITY An international community of energy experts who meet regularly in Bordeaux, France. Our aim is to harmonize energy and environmental policies, with a focus on innovation. Over the past 15 years, we have diffused innovation by diffusing our collective influence through global policy initiatives. Like a glass of Bordeaux wine, it takes years of experience to distill complexity into clarity. Past participants referred to the colloquium as the "anti-conference." The relaxed, long weekends open a fresh exchange of unconstrained ideas. Beirut Ethics Colloquium PERSONAL INVOLVEMENT, COLLECTIVE EVOLVEMENT A group of academic scholars, professionals, artists, writers and religious leaders, founded to answer a global call to create a higher level of moral standards. Ethics is not something we 'teach' but something we 'experience' in our way of being. Our Colloquium format lends itself to the sharing of classical philosophies, modern ideas and real-life experiences. On our personal life journeys, we have found that it is only through a process of Awareness, Understanding, Believing and Acting that one actually evolves to become 'Ethical'.We believe ethics plays a critical role in shaping the future of business and the Bioeconomy. Page 28 36 Born Global Colloquium Retreat Cap Ferret, Bordeaux, France .ta Page 29 POWER OF REFLECTING CIRCLES Measurement Evolution is exceedingly erratic, full of starts and stops. Humanity is an immensely complicated network of more than 7.5Bn individuals. In view of the complexity of even a single human being, it is no surprise that finding appropriate methodologies to capture social phenomenon can be challenging. In the real world, we want to know which deliberate courses of action had a real non-theoretical effect on the overall system. Born Global has developed a proprietary qualitative comparative analysis methodology (QCA) which can bridge the divide between qualitative case oriented research and quantitative variable oriented research. The Born Global QCA provides a method for comparing cases through analyzing results based on which factors are necessary versus optional. The feedback of the continuous cycles of action and reflection is grounded in the active pursuit of a clear understanding of complex evolving situations. In addition, Born Global leverages the power of data science including Big Data to advance its mission and support its Bioeconomy 2050 campaign. Page 30 BUILDING BIOECONOMY 2050 The Power of Widening and Interlinking Circles Born Global is a call to ACTION; a bold invitation to take part in an effort to shift the world to a biobased economy. We invite global pioneers to rise up to the challenge of commercializing innovations that will solve the world's biggest problems in sustainability. The shift from parts to the whole is the foundation of the Born Global approach. Ripples of change occur as the global system processes new information about an innovation, overcomes uncertainty, and in effect makes a determination that operatively shifts the system. Before a complex system can hit a 'tipping-point' and move into an epidemic spread, it must establish links between small world clusters that happen when influential opinion leaders connect what otherwise would remain isolated. Born Global uses this social-network approach to Product Development and Process Innovation and acts as the communication bridge to create shortcuts in the Diffusion Process over greater and greater social distances. Page 32 Born Global Innovation Institutes Portland, Maine Paris, France Beirut, Lebanon North America 254 Commercial Street Portland, Maine 04101 Europe 9 rue de Louvain Courbevoie, France Retreat House Cedex 44164 33970 Cap Ferret, France Middle East Symposium Bldg. 6th fl. Beirut, Lebanon Page 33 BORN GLOBAL TEAM What is the Idea? “The 'Green Revolution' will be a huge innovation project that changes everything from what you put in your car to what you see on your electric bill… The payoff is more than cleaner air, it’s a chance to engage the world's entrepreneurs, scientists, politicians and the business community in a positive movement to build and rebuild nations with intelligence, boldness, creativity and a concern for common good. In order to realize a global system shift toward a sustainability paradigm, we need a global network of 10,000 innovators all collaborating and competing to produce new energy breakthroughs. We need an off the chart market demand for new products through a well-informed public and we need the right taxes, regulation and incentives created by governments that are connected to their citizens.” - Thomas Friedman 2008 We are all Born Global The stewardship of our planet is a collective responsibility. Born Global's mission is the Diffusion of Innovation through the Diffusion of Human Influence. Our interconnectedness is our greatest strength. Our team of global innovators drives markets in three regions: North America, Europe and the Middle East. Our Bioeconomy 2050 initiative is powered by partnerships and collaboration. Join us. Page 34 Born Global Team with Governor Paul LePage - ABLC 2017 Dr. Kimberly Samaha Jimmy Massaad Heidrun Loidl Noël Billard Chief Expansion Officer BG Innovation Challenges European Markets Technical Due Diligence Julian Massaad, ME Magnus Torp Nicholas Massaad Johan Polz Techno-Economic Analysis Financing Project Execution Legal & Contracts "The Born Global Foundations masterplan which utilizes the research capabilities of Maine's academic institutions to maximize the value of Maine's natural resources is a plan that is long overdue for the State of Maine." -Jack Cashman, Former: Mayor of Old Town, State Representative, Chairman of the Maine PUC, Commissioner of the DECD Page 35 “Make no little plans; they have no magic to stir man’s blood.” - Daniel Burnham, Architect of 'The Plan of Chicago' www.bornglobal-innovate.com