20026093 | Application Preview
The grant application from business 20026093 outlines its plan to develop its Android platform and pursue aggressive marketing efforts. The funding will primarily facilitate these objectives.
The business aims to reach 100,000 users within six months, with a long-term goal of 10 million users over five years, targeting a market valuation of 500 million USD.
The application highlights a strong value proposition, tapping into the over 1 trillion USD sports and recreation industry. The team behind the business is experienced and has a well-defined growth strategy.
In terms of competition, the primary rivals include MeetUp (recently acquired by WeWork), Eventbrite, and Spond, which focus on event services. However, this business positions itself as a comprehensive solution for sports and recreation. It offers features like user matching and sport talent profiles, setting it apart from competitors who primarily focus on event bookings.
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General Information
Business Registration Number: 84-4896424
Location: Acworth, GA, United States
Length of Operation: 1
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
The money will be used to help us develope especially Android platform and also go to market aggressively .
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Business Plan
We intend to get to 100,000 signs in the next six months ,by the end of five years we are looking at 10M signs with a market cap of 500M USD. We have a unique business value proposition ,sport and recreation is an over 1T USD Busines and our company has great minds behind it and clear growth strategy .
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Self Identified Competition
Our competition is 1.Meet up -an events ups recently acquired by wework.2.Event Britt is is also a 3 USD event company and 3.Spond which is a biking start up . We are an one stop shop for sport and recreation unlike our competitors who just do event booking ,we also have several unique differentiators like people matching capabilities and sport profile for sport talent search which our competitors don’t have .
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Contact Applicant
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