TranzTape LLC | Application Preview
TranzTape LLC is applying for government grants to support the growth of their inventory, responding to the high demand for their products designed for transgender individuals seeking comfort in their bodies before surgery. Initially launched with personal savings, the business has seen organic growth and aims to shift from small batch production to offsite manufacturing. This strategic move will allow them to reallocate time towards further expansion.
The company's business plan outlines a vision for the next five years, which includes establishing multiple shipping warehouses to create safe jobs with benefits specifically for the LGBTQIA community. They intend to maintain a focus on safe work environments and provide well-paying jobs while transitioning their manufacturing to be wholly based in the USA, a goal that requires additional funding.
TranzTape emphasizes their commitment as a family-run business, founded from the personal experiences of its co-founder, Kaiyote, a transman. After facing challenges with existing chest binding products, he developed TransTape, which quickly proved essential through positive feedback from early users. The company is grateful for the support it has received and is dedicated to giving back to the community that has embraced them.
In terms of competition, TranzTape faces established brands like KT Tape and TranscendThem. However, they highlight their unique offerings as the only brand focused on this specific need, providing a range of sizes and skin tones that competitors do not match. Additionally, being a trans-run company further distinguishes them in the marketplace, underscoring their connection to and understanding of their target audience.
-
General Information
Business Registration Number: 82-5013462
Location: Appleton, ME, United States
Length of Operation: 3
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
-
Funding Usage
We will use the funds to expand our inventory to keep up with our demand. Our products service Transgender individuals in feeling comfortable in their bodies prior to surgery. We had started this business with a small savings and grown organically since starting. We will use these funds to shift our small batch homemade product to be manufactured offsite to free up valuable time to grow and expand.
-
Business Plan
Within 5 years, we plan to have multiple shipping warehouses set up to provide safe jobs with extended benefits for the LGBTQIA community. We plan to create safe workspaces providing well-paying jobs and space for a creative outlet. We also plan to shift our manufacturing to 100% USA based. This will cost the company funds that we currently do not have the expendature for. We pride ourselves on being a family run business that started from scratch savings and passion to provide alternatives to struggling individuals. The idea for this product began with a struggling individual just looking to find comfort in their body. This individual is my husband, Kaiyote, a transman who had come out late in his 30's. After being discouraged by the products on the market available for chest binding, he got to work on creating an alternative. After 6 months of research and self trials, TransTape was born. It became very clear to us that within the first 24 hours of our first customers receiving their product in the mail, we had the confirmation of how necessary this product was for the community through countless of heartwarming and teary-eyed testimonials. The product that very much saved my husband's life is now helping thousands of individuals all around the world. We are so grateful for the opportunity to serve this beautiful community that has shown us so much acceptance and support and we vow to do the same right back.
-
Self Identified Competition
KT Tape, TranscendThem We stand out from our competition because we are the only business providing this product for this specific use. We provide 3 sizes and 3 skin tones, all of which our competitors do not. Another advantage is that our company is Trans-run
-
Contact Applicant
Subscribe to our Administrator Dashboard to gain full access to this application. Learn More
