Paige Rain | Application Preview
Paige Rain is seeking government grants to expand her shoe business by acquiring a leather press and dies. With current demand exceeding supply, she often sells out within minutes, leaving many potential customers disappointed. The new equipment would enable her to triple production, allowing her to meet demand and hire additional staff, including a seamstress.
Currently managing all operations alone, Paige's plan encompasses acquiring additional equipment, hiring more seamstresses, and expanding her team for packing shipments and running the storefront. She envisions moving to a larger space to further grow her business.
Paige emphasizes her hardworking nature and the motivation provided by her two young daughters, whom she named her store after. Since launching her shoes in May 2020, she has experienced significant growth, selling 200 pairs a month by September 2021, but is unable to increase this further without investing in new equipment.
Her competition includes brands like Dushess and Fox, Starry Knight Designs, and Freshly Picked. However, she believes her unique offerings, such as custom appliqué options and personalized names on shoes, give her a competitive edge in the handmade shoe market. She is determined to establish her brand as a leading name in the industry.
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General Information
Business Registration Number: 3-20686-1435-6
Location: Boyd, TX, United States
Length of Operation: 1.5
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
Leather Press and Dies. Right now I sell out of my shoes within 5 minutes of listing them with many upset customers not able to purchase due to high demand. With this equipment I will be able to offer 3x if not more shoes to my customers. This will allow me to hire a seamstress as well which would allow me to offer even more shoes. Getting this equipment would allow my business to take the next step in our growth and would mean so much to my family.
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Business Plan
Right now I do everything by myself. I can not keep up with demand and need to expand. My plan is to get my leather press and dies which will allow me to make more shoes, purchase another sewing machine, hire a second seamstress, hire at least 2 more people for packing shipments and running the storefront, then expanding to a larger space and hiring more seamstresses. I am a very hard worker. I have two beautiful girls that are 3 and 4 and they are my inspiration. I named my store after them and they love coming in and "working". I hope to grow by business into something they can continue if they wish to. I released my shoes in May 2020 and only sold 1 pair that whole month. Its now September 2021 an I am selling 200 pairs a month. This is all I am able to physically make at this time. I have a lot more demand and need to purchase equipment to continue to grow.
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Self Identified Competition
Dushess and Fox Starry Knight Designs Freshly Picked Following my plan to grow I believe I will be a top name in the handmade shoe industry. My shoes are more unique. I add custom applique options, I have the option for customers to put there child's name on their shoes and I am always striving to make improvements.
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Contact Applicant
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