FullCircle26 Inc. | Application Preview
FullCircle26 Inc. is seeking government grants to expand its FC26I 3D Model of Sustainability, which utilizes hydroponically grown plants to enhance Education (STEM), Food & Health, and Enterprise sectors. The funding will also be used to increase inventory to support the company's growing distribution channels.
The business, operating in the expanding Agtech sector, is positioned to benefit from a predicted surge in the vertical farming market, expected to reach approximately $20 billion by 2026. The recent acquisition of significant school and office distributors is anticipated to boost gross income by at least 200%. FullCircle26 is targeting a consistent growth rate of 10% annually over the next five years, forecasting total gross sales of around $7.8 million. Additionally, the company's training program has generated additional revenue, and they foresee an increased demand for customized virtual and in-person training solutions.
Investors are encouraged to support FullCircle26 due to their status as a pioneer in high-tech hydroponic systems in North America. Their all-in-one systems, which require only water and electricity, are versatile and cover a broad spectrum from table-top units to commercial-sized systems. The company has established a strong presence in over 800 schools nationwide, capitalizing on the growing trend toward STEM education. Their partnership with a leading distributor in Wisconsin is expected to significantly amplify sales over the next five years.
In terms of competition, FullCircle26's pricing is favorable compared to other consumer and commercial hydroponic systems. Their comprehensive training program and adaptable models provide a competitive advantage by addressing the educational needs of various sectors, including schools, healthcare, non-profits, and businesses.
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General Information
Business Registration Number: 821358344
Location: Round Lake, IL, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: $250k to $500k
Annual Gross Expense: $100k to $250k
Open to Loans: YES
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Funding Usage
Expansion of our FC26I 3D Model of Sustainability using plants grown hydroponically to provide access to Education (STEM), Food & Health and Enterprise. The expansion will also includes the need for additional inventory to support our growing distribution channels.
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Business Plan
Our business in Agtech is growing substantially and the industry is predicted to grow "February 4, 2022, By 2026, vertical farming could become a ~$20 billion market worldwide, according to BIS Research" source -(stated in article on Morningbrew.com). The acquisition of two new largest school and office distributors in 2023 will provide projections of overall gross income substantially - minimum 200%. Double-digit growth at a minimum of 10% for each year of the 5 year plan is projected to provide gross sales of estimated $7.8M. In addition our training program using the FC26I 3D Model of Sustainability (using plants for Education, Food/Health and Enterprise) has provided additional revenues to the organization. We anticipate the need for knowledge will grow in the next 5 years and provide a virtual and in-person training program model customized for our customers. Investors should invest in my company because we were first to market with high technology Agtech hydroponic systems in North America. Our systems are a one-box solution with everything you need except water and electricity plus our variety of models are unmatched in the industry. We have table-top to full commercial hydroponic systems being purchased today by schools, organizations and business. Our currently distribution is placement in over 800+ schools nationwide and growing substantially with the adoption to STEM programs in school districts. There are 12,754 school districts and 130,930 schools. Our new WI-based Distributor to schools is the leading provider of goods and our partnership will provide substantial sales over the next 5 years alone.
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Self Identified Competition
Consumer - AeroGarden - minimum cost $149 - $500 School - Fork Farm - minimum cost $4800 Commercial - Freight Farm - $60,000+ FullCircle26 Inc. training program and 3D Model of Sustainability using plants for Education (STEM), Food & Health and Enterprise is a major benefit to customers purchasing hydroponic systems. Many of the consumers are seeking education, curriculum and programs and we have a model that can be adopted for schools, healthcare, non-profits and enterprise (vocational, workforce and entrepreneurship). The benefit of our OPCOM hydroponic systems is the variety of models at an affordable price from $199 - $150,000.
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