Key Points From Business Plan - Extracted From 201
Post# of 4930
[some additional detail over and above that in the first PR dated October 20, 2019 - otherwise unchanged]
ECO Innovation Group (ECOi) is in the process of finalizing negotiations pertaining to the development of the innovative steel and hemp construction system in Santa Barbara County, California.
ECOi is negotiating a partnership on 3 -13 acres of land in Santa Barbara County, California.
This agreement has been in discussion for several months with the intent that this project will develop eco-friendly single family and multi family
structures, prototyping techniques using carbon negative hemp-based products in conjunction with a more affordable and resilient steel framing system.
Eco Hemp village will not only serve as an innovation incubator to evaluate hemp products, but also as an education center to illustrate the benefits of hemp construction products for eco-friendliness and wellness
benefits.
Ecoi intends to scale to address the global affordable housing crisis.
The McKinsey Global Institute estimates the global crisis demand for affordable construction alone could be $9-11 trillion dollars by 2025.
Demonstrations will start in California, where it is estimated that 20% of people spend more than 50% of their income for housing, according to
research by Habitat for Humanity.
ECOi will address this issue in California with more affordable, resilient and innovative construction techniques and products.
ECOi will be a demonstrate these methods, while looking to develop and secure IP pertaining to unique processes pertaining to this building model and forging strategic partnerships with key supply chain partners for hemp products to complement more resilient steel framing technologies throughout the USA and world.
The Company formed a wholly owned subsidiary called Steel Hemp Homes Inc. in the state of California on August 19, 2019.
The Company’s initial project is to prioritize the a well-documented, extensively tested, broadly approved and globally celebrated proprietary steel framing system, to address the global crisis in Affordable housing and
resilient construction, whilst effectively addressing the also presently exaggerated worldwide need for secure, extreme-weather and natural catastrophe resistant structures.
Eco Innovation Group Inc (ECOX) Stock Research Links
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