Nu-Rock Corporation Licensing application process is based on ‘best practice’ licensing models which involves key criteria.
The Market Opportunity
Does the market opportunity represent a compelling commercial proposition? What is the life span of the venture? Does the Project Business Plan pass expert analysis?
Waste Material Suitability
Is the applicant’s waste material compatible with Nu-Rock Technology?
Is the Applicant prepared to underwrite a thorough Material Testing process?
The Applicant’s Credentials
Who are the people standing behind the License Agreement?
Does the applicant have access to the required market(s)?
How/ Why is the applicant and the team involved the right fit for Nu-Rock?
The Applicant’s Expertise
What expert capability does the applicant bring to the project? How does this expertise line-up with the Nu-Rock License that they seek?
Is the License Applicant financially sound with a transparent track record?
Can the Applicant meet the required Licensing Fee and underwrite future scaling needs.
Legal Process / Contracts
Will the Licensee Applicant meet the ‘standard’ Legal requirements set out in the Licensing Agreement? Does the Applicant respect & accept the Terms of Licensing agreement?
Company Culture and Values synergy
Are the Applicant and the Nu-Rock company aligned on key matters pertaining to Ethical Behaviour, Environment, Community and Business Practices.
Long Term Commitment
A key requirement for all Nu-Rock Licensees will be a readiness to make a long-term commitment to the project(s) and territory(s) involved.