NeoTrek Footwear, Inc. | Application Preview
NeoTrek Footwear, Inc. is seeking government grants to support its mission of providing tailored footwear solutions for individuals with disabilities. The funding will be allocated towards employee wages and material purchases. The company plans to expand its business by enhancing its product offerings and increasing distribution avenues for customers.
The grant application stresses the company's commitment to addressing the needs of people with disabilities and its determination to reach a larger audience. NeoTrek identifies notable competitors in the market, such as Dr. Comfort and custom orthotists, but sets itself apart through the use of advanced 3D scanning technologies to create custom-fit products. The company also highlights a significant gap in the market for partial foot amputees, estimating around one million individuals globally who require specific solutions. Overall, the grant would enable NeoTrek to grow and better serve this underserved community.
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General Information
Business Registration Number: 99-0505656
Location: Tustin, CA, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: $250k to $500k
Open to Loans: YES
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Funding Usage
funding will be used to pay employees and to purchase materials
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Business Plan
We plan to grow our business by offering more solutions for those with disabilities and providing wider distribution and point-of-purchase options for our customers. We are passionate about finding solutions for those with disabilities, and we are highly motivated to broaden our offerings to help more of those in need.
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Self Identified Competition
Dr. Comfort (socks), custom orthotists (custom insoles and orthotics) We utilize 3D scanning technologies to make a custom-fit product; we seek funding to broaden our footprint to help more of those in need. There is also a deficit in the partial foot amputee community of solutions that are solely geared toward that audience. We estimate there to be close to a million consumers with this condition alone worldwide.
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Contact Applicant
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