NewWorld | Application Preview
NewWorld is seeking government grant funding to secure a storefront essential for the physical sale of their unique products. The funds will primarily support relocation to a high-traffic area near schools, enabling them to maintain operations and make necessary repairs without shutting down. This move is projected to significantly boost sales, with an increase in customer demand anticipated to enhance their online presence as well.
The business stands out because it offers one-of-a-kind confectionery items that are not commonly available in the United States. These products often gain viral attention on social media, appealing to a broad customer base across various ages. While there is no direct storefront competition in their state, they do face some online competition from brands like Bussin Snacks and Exotic Snacks. However, with their unique offerings and soon-to-open physical location, NewWorld believes they have a strong competitive edge in the southern market.
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General Information
Business Registration Number: 862472014
Location: mandeville, LA, United States
Length of Operation: 1-5
Number of Employees: 11-25 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
We are currently in need of a storefront to continue be able to physically sell our products. We will use these funds to move into a location so we do not have to shutdown. It will keep us afloat for the first couple of months. Also, it allows us to make the correct repairs and change that are needed. We have amazing products and will love to continue to share that with our city/ state.
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Business Plan
Where we would move will put us Infront of the prefect customers. We would have great frontage and be in a wonderful shopping center, right next to multiple schools. This allows us to double maybe even triple our sales. The demand for our products will increase which allows our social media and website present to sky rocket. We bring unique and one of a kind items that have never been heard of before in the united states. The items we obtain are confectionery items that go viral on social media and people want to find a way to get them. Also, the items at our disposal are endless and forever changing. This allows to draw in customers with different background of any age.
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Self Identified Competition
We do not have any storefront or business competition in our state. However our online our competition is Bussin Snacks and Exotic Snacks We would have a store and there is no business like ours in the south.
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Contact Applicant
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