Pictured: (l-r) Tom James, Geoff Cunningham and Duncan
Morrison (all Organic Drive)
Three leading industrial consultants have swapped their
high-profile engineering positions to build a new bio-diesel plant
on the outskirts of Stourport.
Former Cambridge University students Geoff Cunningham, Tom James
and Duncan Morrison spotted a gap in the market where they could
use cooking oil - combined with their unique proprietary processes
- to create biodiesel that can be sold direct to the major fuel
providers.
The trio, who have tapped into start-up support from Business
Link West Midlands (BLWM), have invested more than £80,000 in
launching Organic Drive, developing the company brand and,
importantly, building a purpose-built 4,500 sq ft facility.
"There has to be a minimum of 5% biodiesel blended into all main
fuels so the market is exponential and, in the UK, there are
currently very few producers," explained Duncan, who previously
worked for BMW and Rolls Royce.
"Utilising the expertise of Cambridge University's Chemical
Engineering Department, we have developed a number of process
innovations that allow us to reduce yield losses significantly.
Basically, this means we can make it cheaper than anyone else."
He continued: "When we are up to full capacity we should be
producing 100 tonnes per week and the long-term strategy is to
target the big fuel wholesalers like BP, Shell and the supermarket
retailers."
Organic Drive has used support from business adviser Anabela
Ferreira to help it develop a business plan and with financial
forecasting. The next stage is to continue to work with her on
securing an expansion grant from Wyre Forest District Council.
Duncan concluded: "The potential is there for us to hit
£2m sales in our first year and, thanks to the solid platform
we have in place, we would anticipate this being the first step in
our expansion into a UK leader."
Budding entrepreneurs in the Wyre Forest are being urged to
follow Organic Drive's example and tap into a host of specialist
support to turn their ideas into commercial reality.
Business Link West Midlands is currently offering a full package
of assistance from immediate start-up advice and information sheets
to networking events and one-to-one mentoring.
The service, which has assisted more than 400 individuals to
start-up over the last twelve months, will help aspiring
entrepreneurs with business planning, financial forecasting, sales
and marketing, bringing new products to market and legal issues
Specialist provider NEW College is delivering the support
locally and has advisers in place to assist another 150 start-ups
over the next three months.
"Enterprise is going to be an important driver in helping the
area continue its recovery from the recession and we're delighted
that we are able to still offer a comprehensive package of support
to individuals in the Wyre Forest," explained Lorraine Holmes,
Chief Executive of Business Link West Midlands.
"We have a great team of enterprise providers in place, who can
help individuals overcome some of the uncertainties they face when
starting a business."
To find out how you can benefit from start-up support, please
contact Business Link West Midlands on 0845 113 1234 or email
info@businesslinkwm.co.uk