Presenter: Jason Levine, Chief Business Development Officer, CleanBay Renewables
Description: Venture capitalism has been the darling of the business community for a long time. It’s generally presented as a logical extension of other business development models. And there’s usually a romantic overlay of risky projects, risky financing and rewards for taking risk.
There may be such a venture in a parallel universe, but here on planet Earth, the reality usually turns out differently. NCAC’s June Luncheon will explore that reality of just how difficult finding a solution to a significant environmental problem might be. And this solution relates to nothing less than fouling Chesapeake Bay by run-off from chicken farms on the DELMARVA. The run-off comes from chicken waste – called “litter” in publications suitable for family reading.
CleanBay Renewables (CBR) was established in 2013 to find alternative uses for chicken litter. And there are lots of them, including jet fuel, facial creams and electricity. There are lots of problems too.
Our speaker is Jason Levine, Chief Business Development Officer of CleanBay Renewables. Jason has lived through all of these problems and is ready to break ground on CBR’s first digester, located near Princess Anne, Maryland.
Jason will tell us about
- CBR’s product opportunities
- Competition from wind and solar power in the renewable space
- Financing from different kinds of investors
About the Presenter: Jason Levine is a seasoned executive who has served as a chief financial officer, general counsel and senior corporate development leader. Jason also has extensive venture capital and investment banking experience, having managed Boston University’s Community Technology Fund venture capital portfolio, Friedman, Billings, Ramsey’s merchant banking portfolio and having structured over a billion dollars of structured finance transactions while at Tucker Anthony and Merrill Lynch. He holds a BA in psychology from Wesleyan University, an MBA from the University of Virginia – Darden Graduate School of Business Administration and a JD (Law) from the University of Virginia Law School.