The founder of Deep Cove Inc, Haafiz Bhulji, is establishing a club for young entrepreneurs that will focus entirely on Angel Investors. Membership to this club will be open to anyone attending post-secondary instutions throughout B.C. Meetings will be able 2-3 times a month at various post secondary instutions. In addition, a website will be set-up with an online forum, more information, and summaries of meetings.
Model: Subscription Model- Content Services -- provide text, audio, or video content to users who subscribe for a fee to gain access to the service.
Key Problem: In many post-secondary business courses, not enough emphasis has been placed on the importance of angel investors. The goal of this club is to throughly inform entreprenuerinal students about angel investors.
Key Value Proposition:Members will learn what exactly angel investors are looking for, how to make a good pitch, why use angel investors, where to find angel investors etc.
Sustainable Advantage: There are other clubs like this out there, but this club is different as all context is local and is geared towards students so they will be able to understand. The club encourages a hands-on approach and will have many guest speakers to provide real world knowledge and experiences.
Revenues: A yearly membership fee of $300 will be charged. Our goal is enrol 30 members into the club which will generate yearly revenue of $9000. Revenues are expected to remain similar to this project throughout the next three years. Deep Cove Inc primary goal is to inform its young community.
Key Statistic: USA has 53% more angel investors per capita than Canada (4.9% vs. 3.2%). Our club will show you ways you can overcome this major disadvantage.
No comments:
Post a Comment