Dark Vassal Gaming | Application Preview
Dark Vassal Gaming is seeking government grants to enhance its inventory, expand play spaces, and address cash flow challenges. The business aims to grow by entering larger markets in Iowa, specifically targeting Des Moines, Iowa City, and Cedar Rapids, while also boosting its online presence to generate additional ad revenue. Furthermore, there is a plan to cultivate the gaming community in the Cedar Falls area, which currently suffers from limited size.
The applicant underscores their motivation and innovative approach, noting that the surge in popularity during 2020 helped shape a successful business model that integrates both online and local operations. They face competition from local establishments such as The Core, Limited Edition, and First Turn Games. However, Dark Vassal Gaming believes its focus on expansion into various markets, coupled with a strong online strategy, positions it to outpace competitors and achieve significant growth.
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General Information
Business Registration Number: 87-4697794
Location: WATERLOO, IA, 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
We need this funding to expand our inventory, play space, and help with our cash flow issues.
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Business Plan
We hope to expand our business by tapping into bigger markets in the state of Iowa (Des Moines, Iowa City, Cedar Rapids) We also hope to grow our online presence to bring in additional revenue via ad revenue. We additionally need to invest in growing the community in cedar falls area due to its lack of size. I am a motivated individual with a clever outlook on the industry. With the explosion of popularity during 2020 we were able to come up with a model that supports a successful online and local business.
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Self Identified Competition
The Core - located on valley park drive in Cedar Falls Limited Edition - Located on College Rd in Cedar Falls First Turn Games - Cedar Rapids Our business is focused on expansion into different areas and not just settling in one town. We are more motivated and set to grow more than our competitors could due to our online presence.
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Contact Applicant
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