We are seeking a venture capital partner for a renewable start-up that has exclusively licensed 3 types of incredible 'waste-to-energy' technologies. The project team is made up of very qualified process engineers, managing directors, mergers & acquisitions specialists etc who together have completed a significant level of baseline assessments.
At this point we need $500K minimum for the environmental impact assessment, social impact assessment, constraints and siting study in order to complete the actual feasibility study for presentation to the VC partners. But we don't have $500K to start with?
So we are struggling to convince anyone to invest $500 for the required studies but know from 3 years of global research that the technology stacks up... What do we do?