TEB Infoproducts | Application Preview
TEB Infoproducts is seeking government grants to support the development of a new product that involves technology, chemistry, engineering, IT, mechatronics, and robotics. The funding will be used for research, hiring specialized talent, travel to meet with potential investors and banks, and for essential coaching and mentoring.
The business plan focuses on building the team and securing funding before moving into marketing and sales. At that stage, contracts and agreements will lay the groundwork for attracting additional investors. The goal is to have working prototypes and verified proofs of concept that will pave the way for further funding and manufacturing.
The justification for approving the funding centers on the substantial cost savings this new product promises for potential investors, which would enhance their overall profitability.
The competitive landscape includes utilities, energy companies, and established part manufacturers. However, TEB Infoproducts holds a competitive edge, as their technology was validated over 40 years ago by the Energy Department. The technology was sidelined due to Cold War priorities but has since gained renewed interest, presenting a unique opportunity for both individuals and businesses.
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General Information
Business Registration Number: n/a
Location: Woodland Park, CO, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
I'm researching technology and prior art for new product design. Chemistry's involved so I'll need Chem E talent. Same goes for expertise in engineering, IT, mechatronics and robotics. I'll also need funding for travel to meet investors and bankers. Coaching and mentoring is essential for this endeavor and also comes at considerable cost.
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Business Plan
I will continue to build team and search out funding sources to get to next phase. That will pivot me to marketing and sales, to which contracts and agreements provide footing for next round of investors and funding. By this point working prototypes should be near developed, POCs verified and will provide concrete basis for more funding and manufacturing. Investors will invest in me when they see potential savings for this product in their enterprises. Primarily the selling point is cost-reduction and ultimately healthier bottom line for their operations.
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Self Identified Competition
utilities, energy cos. and established parts manufacturers This technology was proven safe and reliable over 40 yrs ago by Energy Dept. But due to cold war concerns, decisions were made for more bombs instead. And during the interim it's only become more advantageous and attractive for individuals and businesses to tap this forgotten design.
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Contact Applicant
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