ECOPOWER Trust intents to create a Serbian company with objective to develop FPR prototype to “State of Art” technology through:
  •  Additional testing of materials used in FPR prototype construction with objective to improve quality of synthetic gas, and mechanical corrections after testing – for this purpose, FPR prototype must perform minimum 2,000 hours under permanent measurement and monitoring;
  • Improving of heat management system – at the end of pyrolysis, heat from reactor must be distributed to ending users, including FPR for next pyrolysis: this improvement requires design and implementation of cooling and distribution systems, which will distribute the heat in the required form (water, steam, air) to ending user;
  • Design and implementation of automotive control system – performance testing and improvement of heat management define algorithm for design and implementation of automotive control system (hardware and software) that will control the pyrolysis process;
  • Certifications of FPR – applications and obtaining of CE Mark, TUV certificates, as well as ISO certificates;
  • Industrial Design Copyright – completion of work on projects, drawings, manuals, construction guidance, quality certificates of FPR and outputs and their copyright registration under the name of the Company;
  • Settlement of Manufacturing Unit in Serbia that should produce FPR and design Co-Generation plants in accordance with particular demands of investors/ending users in the region;
  • Distribution – the Company should distribute FPR, Co-Generation plant and biomass from Serbian BLTC (where is necessary) to ending users in the region (in the range of 1,000 km away from BLTC) through intensive co-operation with ESCO providers, institutional investors (such as EBRD), and assistance to prospective applicants worldwide interested in settlement of their own manufacturing units through technology transfers (giving rights to use Industrial Design in exchange for royalty fees).
It is expected that goals defined as above will be achieved with expenditure of 500,000 EUR, and prospective participants are invited to donate in accordance with their potential considering offered rewards, in order to speed up FPR development from prototype to “State of Art” technology. Initiators have already invested over 300,000 EUR in design, manufacturing, installation and testing of FPR prototype, establishment of BLTC, and prefer equity participation through crowd funding as the method of financing, in order to secure credibility for future financing of operations described as above! 
Donations from Fundraiser campaign will be allocated to the Trust Fund for future benefits of campaign's participants - upon completed fundraising, ECOPOWER Trust undertakes to:
  • ​Create Serbian company under proposed name PYROPOWER DOO with head office in Cacak;
  • Invest donated funds to newly established company as the equity capital;
  • Complete the FPR development from prototype to “State of Art” technology within one year from the date of Fundraiser Campaign closing;
  • Start with deliveries of standardised FPR devices and settlement of Co-Generation plants through close co-operation with Serbian BLTC and ESCO providers – target is to deliver minimum five FPR devices and to settle five Co-Generation plants with estimated CAPEX of 2.5 M € per plant;
  • FPR device market price will not be lower than 300,000 EUR per 1 MW of electricity installed power (EXW Manufacturing Unit Serbia) – this policy secures minimum annual net profit at the range of 400,000 €;
  • Net profit will be distributed to Trust Fund for future benefits of Beneficiaries;
  • After three years from the date of Fundraiser Campaign closing, ECOPOWER Trust (considering the Will of the participant - beneficiary of ECOPOWER Trust) will:
  1. Pay Rewards (achieved benefits) to beneficiaries with amount that includes given donation and accumulated profit (see the illustration bellow), or
  2. Appoint beneficiaries as shareholders of Serbian Company – consideration shall be amount of achieved rewards (see the illustration bellow);

RewardS Illustration

All participants (with any amount of donation) receive benefits as the Return on Investments (ROI) in research, development and startup of FPR manufacturing - their donations will be allocated to Serbian company, as it is described above.
Development milestone:
  • Mechanical work: fundraising closing date + 6 months
  • Testing: 3 months after completed mechanical work
  • Certification: 3 months after completed testing
  • Manufacturing set up: 1 month after completed certification
  • Starting of distribution: 2 month after completed manufacturing set up
 Considering milestone as above. ECOPOWER Trust offers rewards ROI benefits distribution to be started 3 years after fundraising closing date - in the meantime, participants are allowed to receive additional benefits. ​
In respect of hereby given undertakings, each participant should consider the following ROI rewards illustration (3 years ROI)::
50 € donated might returns 120 €  
500 € donated might returns 1,200 € 
5,000 € donated might returns  12,000 € 
50,000 € might returns  120,000 € 
500,000 € might returns 1,200,000 € ​
  • Given ROI Illustration doesn't contain any guarantee on ROI - it is illustration of startup business potential;
  • In the case that development and startup will fail from any reason although fundraising was successful, beneficiaries will be able to select other funding or to benefit from the sale of FPR;