BYCAS MEDIA LLC | Application Preview
BYCAS MEDIA LLC is seeking government grants to support its business, focusing on a few key areas: rent for commercial space, patent applications, and initial operational costs for three months.
The company's business plan highlights two main aspects. Technically, their product, StageStrike, is designed for licensing to larger companies, leveraging their deep understanding of the audio/visual industry to create a web platform that streamlines event logistics for both entertainment and corporate events. On the creative front, they plan to enhance their myBeadAndKnot brand by introducing a curated line of factory products tailored to complement unique handmade items, appealing to DIY enthusiasts and aiming to increase average order value.
The request for funding emphasizes the positive entrepreneurial shift that emerged during recent health crises, which ignited innovative thinking and new revenue streams for the business. The transition from a home-based operation to a commercial entity is viewed as essential to realizing their ideas and maintaining America's innovative spirit.
In terms of competition, StageStrike faces rivals in the app space, specifically Plnify, which is early in development but has limited capabilities, and Master Tour, a more established player but lacking in social engagement features. For their product offerings, BYCAS MEDIA identifies no direct competition but anticipates larger brands like Shure or Sennheiser may look to emulate or license from them. Their myBeadAndKnot brand has also gained traction, particularly within the Hispanic community, benefiting from their cultural background and expanding audience reach.
Their competitive edge lies in hands-on industry experience that informs their product development, allowing them to rapidly address unmet needs without getting bogged down by bureaucracy. This practical insight positions them well, pending the necessary funding to take their initiatives forward.
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General Information
Business Registration Number: L21000376285
Location: Edgewood, FL, 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
-Rent of commercial space. -Patent applications. -3 months of runway to jumpstart the process.
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Business Plan
On the technical side, StageStrike's products have the potential to be licensed to bigger companies which is a strategy we're interested in pursuing. Also, our extensive knowledge of the audio/visual industry has let us to develop a web platform dedicated to supporting event logistics whether in an entertainment or a corporate setting. On the creative side the goal is to incorporate a curated line of factory line products to support the unique pieces created by myBeadAndKnot in order to increment the average order value, as well as creating branded products that cater to DIY enthusiasts in the crafts industry. Previous years' health crisis also had good consequences, being the awakening of entrepreneurial spirits one of the best. The time spent at home provided us with ideas and tools (eg. 3D printing) that changed our perspectives (for the better) and opened up avenues of revenue that previously hadn't been considered. These ideas include products worth seeking a patent for which would all but guarantee the future success of future endeavors all while showing the world that America is still the home of innovation. The transition from a home setting to a fully commercial business would create the perfect setting to kickstart all this potential into greater existence.
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Self Identified Competition
For the StageStrike brand app there are mainly two competitorsL Plnify and Master Tour. Plnify is an app in early stages with potential although limited in scope compared to the StageStrike app, and Master Tour although well established is also limited in scope and does not carry the social engagement component that the StateStrike app is meant to have. For the StageStrike brand's products the situation is different as such products don't exist so there's no competition, but once in the market is quite likely that huge brands as Shure or Sennheiser would want to imitate or better yet, license from us. Our myBeadAndKnot brand on the other side, although not on purpose, has found good reception in the hispanic community and while the biggest social accounts like @roclayco and ___ are American and english spoken, our hispanic heritage allows us to cater both audiences and capitalize on our ever growing hispanic followers to grow our brand. A boots on the ground individual has more real-life industry insight than most corporate executives, StageStrike's solutions are born right out of unattended necessities that plague the work field. Our ability to immediately create a product from and actual need puts us ahead of any bureaucratic process, we just need the funds to capitalize on this.
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Contact Applicant
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