H-World | Application Preview
H-World is applying for government grants to fund the development of a social app specifically designed for Delaware. The total funding requested is $18.5k, with an additional $1.5k set aside for unexpected expenses. The funds will be used to hire a team that includes developers, a designer, a machine learning engineer, a project manager, a marketer, and a business analyst—essential roles needed for the app's success.
The proposed timeline indicates that 2023 will focus on the development and testing of the app, leading to a rollout in mid-February 2024, accompanied by marketing efforts. By mid-November 2024, the app will introduce benefits for advertisers. The goal is to attract 100,000 users by 2025 and to create revenue opportunities, with ongoing feature enhancements planned through 2026 and 2027.
The application seeks approval based on the recognized need for social platforms tailored to Delaware, aiming to assist local businesses in enhancing customer engagement during slow periods. It also provides a way for residents to find less crowded venues, fostering connections among like-minded individuals. Currently, Delaware has few social platforms, and many local venues struggle with low attendance during certain weekdays.
H-World's app distinguishes itself as the first of its kind, utilizing avatars instead of traditional profile pictures to maintain user privacy while promoting available social venues. This innovative approach is set to not only change the social scene in Delaware but also create job opportunities within the community.
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General Information
Business Registration Number: 23-95214-65
Location: Wilmington, DE, 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: NO
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Funding Usage
The funding will be utilized to assemble a team of skilled developers to wireframe and create my Delaware social app. This includes compensation for the designer, machine learning engineer, project manager, marketer, and business analyst. These resources are essential for the project. I will attempt to cover any additional expenses. The total cost is projected to be $18.5k, with an extra $1.5k allocated for potential scope creep.
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Business Plan
2023: Development and testing of the application. 2024: Mid February role out with marketing and free promotion of the application, 2024: Mid November role out of Advertisers benefits. 2025: Target users 100,000. Gain profit from revenue. 2026-27: Continuous role out of feature to support demand. Social platforms specific to Delaware are currently minimal or unknown. My application aims to help businesses optimize their operations during less busy periods, when there would typically be no customers and no profit. This app will also empower Delaware residents to select venues that are less crowded on specific days, allowing them to socialize with like-minded individuals in settings that suit their personalities. Today, many Delaware social venues struggle with lower revenue from Monday to Thursday, largely due to a lack of effective customer engagement strategies. My app will not only transform this dynamic but also generate job opportunities for the community.
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Self Identified Competition
Currently this will be the first of its kind to provide this service. This unique application connects social enthusiasts to venues without revealing their personal appearances. It emphasizes currently open social spots and welcomes anyone in the area. Uniquely, this will be the first app that exclusively utilizes avatars as profile pictures.
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Contact Applicant
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