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Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: [email protected]; [email protected] ~ all content proprietary and confidential

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Page 1: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential
Page 2: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

Presentation to Slow Money MaineJuly 23, 2015

Adaptive Agriculture LLC ~ contact: [email protected]; [email protected] ~ all content proprietary and confidential

Adaptive Ag

Page 3: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 3

adapt – become adjusted to new conditions (New Oxford

American Dictionary)

New conditions in New England agriculture

Intensification of pathogens & pests, due to vector expansion, evolution & nutrient depletion

Regulatory constraints resulting in on-farm compliance demands & scarcity of certified processors

Climate volatility characterized by extreme weather & farm system failures, e.g. power outages & dry wells

Revival of local grain & seed production slowed by absence of affordable, user-friendly processing equipment

Broadly rising input prices tied to supply-chain consolidation, transportation costs, etc.

Page 4: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 4

Adaptive Agriculture LLC – Adaptive Ag

Influences- Biological farming- Soil remineralization- Appropriate technology- Climate resilience- Systems science

Milestones- Founders Mark Fulford & Geoff

Johnson met through MOFGA Journeyperson program in 2013

- LLC formed in Maine in 2014- Facility in Searsport leased &

inventory acquired in Spring-Summer 2015

We sell farm equipment & suppliesRight-sized processing equipment for grains, beans, rice, etc.Soil amendments & fertilizers with locally-sourced organic inputsComplementary products, e.g. hermetic grain storage systems

Page 5: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 5

Managing MembersMark FulfordProduct ManagerTeltane Farm- Monroe, ME (Waldo County)- “High quality crops since 1979”

Lookfar Ag Services- Field and project consultant with diverse client base in Maine, other NE states and beyond- Expertise in biological agriculture, transitional farm practices, non-electric farm systems, regional commodity crops (incl. grains, blueberries, apples, potatoes)- “one of Maine’s premier horticulturalists” – Jean English, Editor, Maine Organic Farmer & Gardener

Training and affiliations- Direct study with leaders in biological agriculture (Kinsey, Ingham, Uphoff, Andersen, others)- Sustainable Ag certificate from Nutri-Tech Solutions

Geoff JohnsonGeneral ManagerAlice Farm- Alexander, ME (Washington County)- Est. 2012, offering meat & small fruit

Cleantech business consultant- Advised VC-funded start-ups developing sustainable transportation technologies- Track record of ushering innovative, policy-sensitive products to market- Seeking to integrate business & regulatory experience with commitment to agriculture in NE

Training and affiliations- B.A., Georgetown University; J.D., New York University School of Law- Former MOFGA Apprentice & Journeyperson

Page 6: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 6

Searsport facilityLocation186 East Main St, Searsport, Maine 04974On Route 1, less than one mile east of Hamilton Marine, next to Birgfelds Bicycle Shop

Features- Multi-functional: retail/showroom, light manufacturing, outdoor demo area- Efficient: well insulated, excellent passive solar, well-suited for solar electric- Central: convenient to Bangor, Blue Hill & Belfast

Page 7: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 7

Products: Right-sized processing equipmentto alleviate the bottleneck of processing locally-grown grains, beans, rice, etc.Available in 2015 (inventory):

- Field threshers (6 units)- Corn & large bean thresher (1 unit)- Seed cleaners (2 units)

- R&D projects 2015-16:- Modular solar dryer- Wood-fired dryer- Grain hulling equipment

Page 8: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 8

Field threshers

Features- Grain output of 1750 lbs/hr @ feed rate of 55 lb/minute- Belt-driven by 9 hp Honda engine with 2:1 gear reducer- Made of durable, standard parts (e.g. screens) for ready field use and maintenance- Equipped with rear wheels and front legs & tow hitch

Intended for growers, processors, livestock producers, shared-equipment pools and others seeking independent value-added processing of grains and other seed crops

Page 9: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 9

Proven processing equipment

List of crops already processed with these machinesWheatRye TriticaleBuckwheatSpeltEmmerEinkorn

Our threshers & seed cleaners are proven tools for growing & retaining the value of seed crops in Maine

OatsBarleyMilletSorghumDry beansLentilsChickpeas

ChickpeaQuinoaAmaranthChiaRiceCornMore…

Page 10: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 10

Products: Soil amendments & fertilizers; otherSoil amendments & fertilizers- Aiming to introduce branded product line in Fall 2015

- Potential launch at Common Ground Country Fair- In time for fall fertilizer applications

- Featuring locally-sourced, organic-eligible marine ingredients- Seaweed, crab, other shellfish- Supplemented with inputs to foster soil remediation & pest

control- Facility in Searsport approved by town as site for processing dry-

blend products

Complementary products- Multi-sized hermetic grain storage systems from 3rd party expected

by Fall 2015- Assorted tools & accessories for working with processing equipment

Page 11: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

© Adaptive Agriculture LLC 11

Company finances & goals- Seed funding raised in Fall 2014

- Drawn from personal networks of friends & colleagues- Sufficient to reach positive cash flow in Summer 2015

- Additional funding may be needed to achieve additional goals- Proper acquisition of product design of field threshers & seed

cleaners in order to fabricate them in Maine- Pre-payment for fabrication of next batch of processing

equipment- Lease or purchase of warehouse to hold larger inventory of

equipment, fertilizers, etc. than Searsport facility can accommodate

- Product R&D and licensing- Modular solar dryer- Wood-fired dryer- Grain hulling equipment- Non-electric water filtration

Page 12: Presentation to Slow Money Maine July 23, 2015 Adaptive Agriculture LLC ~ contact: mark@adaptive.ag; geoff@adaptive.ag ~ all content proprietary and confidential

Thank you for your attention.Please contact us with questions, comments or interest regarding Adaptive Agriculture LLC.Sincerely,Mark & Geoff

Adaptive Agriculture LLC ~ all content proprietary and confidential

Mark Fulfordmark@adaptive

.ag(207) 949-5644

Geoff Johnsongeoff@adaptive

.ag(207) 214-0620

Adaptive Ag