DYC Resources, Inc. | Application Preview
DYC Resources, Inc. is seeking government grants to increase its market share and manage operating expenses. The business aims to achieve this through participation in trade shows, engaging on social media, and utilizing independent sales representatives.
The company has developed a web-based application that generates monthly recurring revenue for non-profit organizations, addressing the issue of "donor fatigue." By strategically targeting Millennials, who represent a significant demographic in the $370 billion charitable sector, DYC is positioned for growth. Additionally, the plan includes expanding their technology to benefit for-profit organizations.
In terms of competition, DYC faces rivals such as BESTOW, Coin Up, and ACORNS. Their competitive edge lies in their pricing model; while BESTOW charges a flat licensing fee regardless of performance, DYC only takes a percentage from the donations generated by their software. This aligns their success with their clients' success. Coin Up targets end-users directly and imposes fees on non-profits for donations raised, whereas ACORNS focuses exclusively on retirement investment roundups.
As a B2B provider, DYC's web application allows for seamless software updates and integration with approximately 18,000 banks and financial institutions, including those in Canada. This extensive network provides donors with diverse options for creating multiple roundup accounts, enhancing user engagement and donation opportunities.
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General Information
Business Registration Number: 82-0623969
Location: Bel Aire, KS, United States
Length of Operation: less than two
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
To grow our market share and cover operating expenses
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Business Plan
Through trade shows, social media and independent sales reps We created monthly recurring revenue for NPO's in a $370 billion dollar space through a web based application that eliminates "donor fatigue" and strategically targets the largest demographic in our country (Millennials). We are also looking to expand our technology to help fund for profit companies as well.
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Self Identified Competition
BESTWO, Coin Up and ACORNS BESTOW charges a flat fee to their clients to license their software, whether it works for their clients or not. We simply charge a percentage of what the software generates in donations for our clients. Coin Up markets directly to the end user (B2C) and charges the NPO on the "back end" for the donations. ACORNS is strictly focused on using roundups for retirement investments. We are a B2B business and our app is a web based app that creates greater flexibility for software updates. We are also integrated into a network of approximately 18,000 banks (including Canada) and financial institutions. This gives donors a wide array of options to create multiple roundup accounts.
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Contact Applicant
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