SIDA Solutions | Application Preview
SIDA Solutions is seeking government grants to expand its operations by building a larger workshop and funding the hiring of new staff. The business intends to employ three additional workers annually, addressing the scarcity of well-paying jobs in the local area.
The application emphasizes the owner's solid track record and prior investment of nearly $100,000 in equipment and tools. SIDA Solutions also points out its unique position in the market, noting the absence of local competitors and highlighting that the main competitors are large, multi-billion dollar companies like Vanderlande, Daifuku, and Siemens.
The owner, a Veteran, believes the business can carve out a niche by producing parts for smaller projects that cater to these larger firms, thereby establishing a competitive advantage in the industry.
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General Information
Business Registration Number: 46-5535225
Location: Lake Toxaway, NC, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $100k to $250k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
Build a larger workshop and assist with salary of hiring.
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Business Plan
I plan on hiring 3 people per year and bring jobs to my area. Not many decent paying jobs for locals in my area. I have a proven track record and I have already invested close to $100k into equipment and tools.
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Self Identified Competition
In my area I do not have competitors. In my industry the next 3 competitors are multi billion dollar companies like Vanderlande, Daifuku, and Siemens. My business is a small business owned by a Veteran. I am seeking money to assist with creating parts for smaller jobs for the larger 3 companies listed below.
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Contact Applicant
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