Huum Bioreclamation

By Enterprise Plus Business Advisor, Lisa LaMaitre.

Huum Bioreclamation, a Bega-based biotechnology start-up, has been working with Business Advisor Lisa LaMaitre since July 2023. Founded by Luke Hamilton and Zac Sequoia, Huum focuses on developing innovative solutions for sustainability, particularly through composting technology. Initially seeking support on structuring the business for future venture capital funding, Huum has since expanded into various income streams and refined its business model.

Over the course of their 16-month collaboration, Lisa has provided guidance on business structures, branding, intellectual property (IP) needs, and grant opportunities. This advice helped Huum navigate crucial stages, from acquiring a business partner and patenting their technology to preparing for a pilot test. Lisa’s support also covered R&D tax incentives, product testing, and social enterprise requirements, all essential for their growth in the biotech sector.

The team, led by Luke and Zac, has made significant progress, including the development of composting vessels and probes, and the successful completion of their pilot test. Today, Huum stands as a thought leader in the Australian biotechnology space, poised for further expansion and innovation.

Outcomes:

  1. Developed multiple products and income streams, including the composting vessels and probes.
  2. Acquired a key business partner and successfully ran a pilot test for their technology.
  3. Built the confidence and knowledge necessary to scale as a leading innovator in the Australian biotech industry.

Client Testimonial:
“Lisa has been supporting Huum Pty Ltd since July 2023. At every turn, Lisa has provided relevant and concise business advice, connecting us to valuable resources like grants and R&D tax incentives. Her guidance has helped propel Huum from a startup to a flourishing biotech leader. I highly recommend her services to any business.” – Luke Hamilton, Director of Operations, Huum Bioreclamation.

Contact Lisa if your start-up needs expert advice and support to grow. 

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