SMART BUSINESS LLC | Application Preview
SMART BUSINESS LLC is seeking government grants to support its operations, with plans to allocate 70% of the funding towards the development of its Alpha product version, 20% for pilot projects, and 10% for marketing efforts.
The company projects a revenue of $760,000 and offers a diversified product line that includes a chatbot, marketing analysis tools, accounting automation, and an AI decision maker system. The team comprises 30-50 staff members, and they currently serve over 1,000 clients through a software-as-a-service (SAAS) subscription model.
The request for funding is justified by the anticipated 10x growth in investments and the significant impact on environmental, social, and governance (ESG) factors through business automation. The company believes in its potential for success due to several reasons:
1. The AI automation market is rapidly growing.
2. They have developed a proprietary AI module.
3. The management team possesses considerable experience.
4. They have a record of successful projects.
5. A well-structured business plan supports their objectives.
6. The team is skilled and cohesive.
In terms of competition, SMART BUSINESS LLC faces companies like Retio, InfluxData, and Jivox. However, they differentiate themselves by offering a custom approach that leverages an in-depth customer development strategy to address gaps in the AI niche.
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General Information
Business Registration Number: 88-4353793
Location: Boiling Springs, SC, 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
70% development of Alpha product version 20% pilot projects 10% Marketing
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Business Plan
1) Revenue $760000 2) 5 products line: Chatbot, Marketing analysis, Accounting automation, AI decision maker system 3) 30-50 stuff 4) 1000+ clients on SAAS subscription 10x investments growth and huge ESG, business automation impact. We believe in success because: 1) High grow market of AI automation 2) Own AI module developed 3) Great management experience 4) Successful projects in portfolio 5) Detailed business plan 6) Great team
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Self Identified Competition
Retio, InfluxData, Jivox As a small company we use custom approach together with a deep customer development strategy to cover gaps in AI niche
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