Start up Innovation
Start up Innovation
This is ReNewin
We are a startup in the stage of development. Early stage business activities, such as research and development, market research, and production line planning and development comprise a considerable portion of our operations. Development stage firms have limited revenues and we are no exception to the rule. However, strong management, accurately formulated and effectively implemented strategic plan, and our first-of-its-kind invention have positioned us to secure substantial profit in the years to come.
Marketing Strategy & Target Market
Due to small size of our company and considering limitations of resources we face, we have adopted concentrated marketing strategy through which we approach a defined and particular segment of energy consuming population.
Strategic Planning
Considering our resources and based on an assessment of internal factors and external business environment in which we operate, we have formulated an implement-friendly business strategy that stems from the fundamental concept that instigated invention of our first-of-its-kind fossil fuel recycling system. In devising long/short term goals, we have envisioned desired outcomes that will induce substantial commercial gains. We will continue to direct execution of our initiatives in ways that they are consistent with our strategic goals.
Core Business
Our core business is recycling and returning consumed fossil fuel back in to the consumption network. The recycling and renewal process occurs at the consumption site and in real time. For further details, visit our HOME page, please.
Business Model
We are a startup with an innovation. In the success of our entire project, an appropriate business model is as essential as the innovation itself. However, known business models in their original configurations are not applicable to our business. To extract value from our innovation we have devised a fitting business model that serves to convert our technological inputs to economic value. Without revealing sensitive details, to an extend a comparison can be drawn between our business model and that of Xerox Corporation’s early days, in the copy machine business with its Xerox Model 914 copier.
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