Enterprise Jim Poss, Seahorse Power Co. (SPC), was an engineering run, which led to the adoption of product development, which were cheaper and more effective than the 20-century technology. Poss was confident that its first product, the patented, solar-powered trash compactor, can make a real difference. After funding for the development and testing in May 2004, SPC was six crew members. They all received a share in exchange for their part-time service. Poss was looking for funding to allow him to take the business to the next level - a large production run at a lower cost component and increase production efficiency. Chronicle of the development of the company and Poss place at a critical time to decide how best to deal with potential investors and financing alternatives. "Hide
by Carl Hedberg, William D. Bygrave Source: Babson College 18 pages. Publication Date: July 1, 2005. Prod. #: 603C-PDF-ENG
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