Yilkins

In 2022 Yilkins was seeking to commercialize its innovative drying and torrefaction technology, which converts a wide range of biomass materials into high-value products for use in sustainable industrial processes.

Despite the technology’s advanced capabilities, Yilkins faced challenges in gaining market acceptance and securing customer contracts. The company was challenged to meet stringent financial contingency and collateral requirements due to their startup status, which also hindered their ability to prove the technology’s reliability in a commercial setting.

In their effort to solve these problems, representatives from Yilkins sought a referral through their contacts in the biofuels industry, and a network partner recommended New Energy Risk (NER). This word-of-mouth marketing and NER’s established reputation in the biofuels industry facilitated the initial introduction and subsequent partnership.

Challenge #1: Earning credibility as a newcomer

Challenge #2: Concerns about risk with diverse applications

Challenge #3: Securing contracts without locking up capital

Read our case study to learn how we helped, or contact us to connect.