Many bioeconomy investors, while experienced with careful evaluation of marketing, supply chain, and legal aspects of due diligence, may be less familiar with scientific and technical evaluation of new technologies. Often only a cursory analysis is performed before making investment decisions. Appropriate technical due diligence can save investors millions of dollars and avoid significant embarrassment for the developers. About 10 percent of projects make it from the proof of principle stage to commercial operation; in-depth evaluation of project technology in both the early and later stages can improve the likelihood of selecting a project that will succeed.
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