Prototype Apparel LLC | Application Preview
Prototype Apparel LLC is seeking government grant funding primarily to acquire inventory for clothing uniquely designed by its creator. The funds will enable the firm to produce garments in bulk.
The business aims to expand by forming partnerships with companies that appeal to its target audience and by hiring brand ambassadors to foster growth. To engage directly with customers, Prototype Aesthetic plans to host events like pop-up shops.
The company argues for funding approval on the basis of its originality in the fashion sector, with a focus on incorporating diverse cultural elements into its designs. Additionally, it promotes mental health awareness and encourages customers to express their individuality confidently.
In terms of competition, Prototype Apparel identifies Fashion Nova, Pretty Little Thing, and Shein as its main rivals, all of which attract the same demographic with affordable prices. However, Prototype Aesthetic distinguishes itself through its celebration of different cultures, offering innovative designs that competitors often lack. Collections will showcase influences from rap, art, and global cultures, ensuring a fresh and unique design perspective.
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General Information
Business Registration Number: BL20-000265
Location: Ladson, SC, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: NO
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Funding Usage
Funding will mainly be used to purchase inventory that will be manufactured. The money will be used to make clothing uniquely made by our designer in bulk.
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Business Plan
I plan to grow my business by partnering with other companies who have a large following from my target market. I will also hire brand ambassadors that will ensure the company's growth. I plan to directly build a relationship with my customers by hosting events such as pop-up shops. Investors should invest in me because my company brings originality to the fashion industry. My brand incorporates different cultures into our designs with a modern twist. My company brings awareness to mental health and provides our customers with confidence to truly express who they are.
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Self Identified Competition
My top 3 competitors are Fashion Nova, Pretty Little Thing, and Shein. They are the top businesses that attract my target market. They also have affordable pricing that my target market loves. Prototype Aesthetic is different from my target market because it flourishes with different cultures. My competitors lack originality and can be repetitive in their designs. Different cultures such as rap-culture, art-culture, and world-culture will always be displayed when I launch a new collection.
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Contact Applicant
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