FRPD provides a mix of process engineering, business consulting and information services to provide Turnkey Innovation. Turnkey Innovation develops ideas into designs and design into pilot plants that are ready to scale. We develop strategically to position your process designs favourably in relation to funding strategies and the business model. Adding information management and analytics to the solution which results in robust processes that are easy to operate and manage.
With our impressive stable of niche engineering consultation services, we also include EPCM (risk sharing) and applications to access public funds to mitigate risks. All of these services combine to provide access to plants appropriate for EPC projects with a bigger potential for profit sharing or performance-based remuneration.
FRPD has a base of intellectual property that can be deployed within a larger process engineering milieu. By having several “black boxes” of IP we supply our services to process plants in a modular fashion.
our Turnkey Innovation Process
Download the technology readiness level guide which displays the interactions between Technology Readiness Level, Technology Development, Market Readiness Level, and Sources of Funding.
Technology Readiness Level 2
Technology Readiness Level 4
The proof of concept will now be demonstrated to interested parties effectively validating the innovation in a laboratory environment and opening the way to a bankable feasibility study and subsequent funding and investment opportunities.
Technology Readiness Level 5
Learning from the challenges experienced in the development of the technology to this level allows for a pilot plant to be constructed with improvements to the engineering design. Once the technology reaches this level, the way is open to early stage investment and funding from the small enterprise development agency.
Technology Readiness Level 6
The pilot plant is then demonstrated to interested parties in order to secure the intent of stakeholders in the further development of the plant.
Technology Readiness Level 7
Technology Readiness Level 8
The commercial pilot is demonstrated in the environment it will be expected to operate in on a commercial scale effectively disruption the status quo.
Technology Readiness Level 9
With the system finally proven and demonstrated in a relevant environment, the commercial pilot can be scaled to production capacity and scaling the disruption to gain marketplace ubiquity.