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February 17, 2025, 11:55 pm UTC

ELEVEN CROSS LLC 852770280 | Government Grant Application

ELEVEN CROSS LLC | Application Preview

 

ELEVEN CROSS LLC is seeking government grants to support its operations and growth. The funding will primarily be used to settle overdue supplier invoices, pay staff salaries, manage inventory, and enhance marketing efforts aimed at increasing brand awareness.

The business plan revolves around establishing strong brand recognition through public relations, participating in fashion shows, celebrity gifting and styling, magazine editorials, and securing partnerships with major retailers like Nordstrom. The company also plans to leverage influencer marketing and expand its reach into international markets such as Australia, Europe, and the UK.

The rationale for approving the funding hinges on ELEVEN CROSS's commitment to sustainability and high-quality production. The brand has gained significant traction, going viral within six months of launch and receiving features in prominent publications like Forbes. Their product line is designed to be luxurious yet affordable, specifically targeting the Gen Y and Z demographics. Future initiatives include the introduction of NFTs, cryptocurrency, and a delivery app for travelers, while emphasizing locally sourced materials to support community jobs and maintain the 'MADE IN USA' branding.

In terms of competition, ELEVEN CROSS faces brands like Cult Gaia, Frankies Bikinis, and Monday Swimwear. However, its competitive edge lies in its streamlined operations, local sourcing, and unique payment plans, which enhance accessibility for younger consumers. The company aims to redefine luxury fashion by making it affordable and exploring new avenues such as beachwear, bags, and accessories.

  • General Information

    Business Registration Number: 852770280

    Location: Tujunga, CA, United States

    Length of Operation: 1

    Number of Employees:

    Annual Gross Income:

    Annual Gross Expense:

    Open to Loans: YES

  • Funding Usage

    Pay for overdue supplier invoices, staff salaries, inventory, keep business running, marketing, ads, brand awareness

  • Business Plan

    brand awareness, public relations, fashion shows, celebrity gifting/styling, magazine editorial, sell in big retail stores such as Nordstrom, influencer marketing and expanding to more countries such as Australia, Europe and UK. Our brand is focused on the future. We sell products that are high quality, sustainable, recycled, environmentally friendly. Our brand has also gone viral within 6 months of launching and featured in Forbes and top blogs/sites. Our company prides on creating products that are luxurious and affordable. Also catering to the Gen Y and Z market. We have future plans with coming out with NFT'S, cryptocurrency, an app to create easy delivery for travelers and products that last a lifetime. We source everything locally, bringing jobs for the community and keeping the name and brand to be highly known as 'MADE IN USA.'

  • Self Identified Competition

    Cult Gaia, Frankies Bikinis and Monday swimwear Our company is simple in it's operations. We only source high quality from local suppliers. We keep everything within United States to keep that status different from competitors who source from China. We offer payment plans such as quad pay and after pay. We also cater to the gen Y and Z market by holding events and shows for them to attend or participate. We are changing the game of luxury fashion to affordable fashion by keeping up with trends and introducing an app for travelers, NFT's and cryptocurrency which competitors are not doing yet. Our prices are affordable. We are looking to expand into more beach wear, bags, accessories etc

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