Sixty months. Five phases. One continuous plan.
Every phase has a single purpose, a defined budget envelope, and a verifiable milestone gate. Capital allocation, hiring and grant applications are sequenced against this timeline — not the reverse.
- PH.1Months 1–301
Foundation & Legal Setup
Build the legal, banking and documentation infrastructure that every funding application and operational step depends on. No deployment in this phase.
- ◆Federal CBCA incorporation + corporate bank (RBC/TD/Scotia)
- ◆EIC investment permit + USD 200K capital deposit at NBE
- ◆TIN, import/export license, EEA off-grid installer license
- ◆CanExport SMEs application submitted
- ◆Dual-jurisdiction tax counsel + transfer-pricing framework live
- PH.2Months 4–1202
Launch & First Revenue
Country Director hired Month 4. Inventory landed Month 5. First lease revenue Month 6. Cash-flow positive Month 9. Self-sustaining Month 12.
- ◆Country Director onboarded; 8 field staff hired
- ◆First 3 cooperative solar irrigation deployments (Vertical A)
- ◆BDC application submitted; EDC guarantee package built
- ◆NRC IRAP project registered for assembly R&D
- ◆First USD 995K gross revenue / EBITDA ≈ break-even
- PH.3Year 203
Scale & Solar Assembly Unit
Addis Ababa Industrial Zone assembly unit operational. COGS compresses 35–45%. Verticals B (rural) and C (urban commercial) scale alongside agriculture.
- ◆Assembly unit commissioned in Addis Industrial Zone
- ◆USD 2.25M revenue; USD 560K EBITDA
- ◆First Vertical B mini-grid BOOT contract (World Bank ADELE)
- ◆IFC / Zafiri equity dialogue opened
- ◆Country team scaled to 25+ permanent staff
- PH.4Year 304
National Distribution & Maturity
Full capital recovery on founder equity. Verra VCS carbon revenue stream live. Three verticals operate as one integrated platform.
- ◆USD 4.33M revenue; USD 1.55M EBITDA
- ◆First Verra VCS carbon-credit issuance (USD 80K)
- ◆Full capital recovery of USD 1M founder equity
- ◆Multi-regional service network (Oromia, Addis, Sidama)
- ◆IFC / AfDB SEFA concessional facility drawn
- PH.5Years 4–505
Regional Expansion & Exit Readiness
Djibouti, South Sudan, Somaliland, Kenya / Uganda enter the pipeline. Manufacturing factory feasibility complete. Exit-ready: strategic sale, Series A or IPO optionality.
- ◆Year 5 revenue USD 12.6M; EBITDA USD 5.94M
- ◆Djibouti + South Sudan export channels live
- ◆Manufacturing factory feasibility (Kilinto / Hawassa) complete
- ◆Audited 5-year track record; exit valuation 8–10× EBITDA
- ◆Replicable East-Africa platform model documented