Approach and due diligence
Approach first to identify implementation partner through primary and secondary research based on their expertise on managing operations on ground, plastics recycling, understanding of the local ecosystem and a business model approach
Due diligence is crucial as the chosen implementation partner receives a stamp of approval when including them in discussions with your funding and offsetting partners
Proposal and value proposition
Once you have identified your implementation partner, approach them to formalise connection
Communicate clearly the business case and incentives for the implementation partner
Document CAPEX and OPEX information as estimated by your implementation partner
Onboarding
Secure buy-in and a signed document, e.g. Letter of Intent (LoI) or (MoU).