Photo - Polyurethane foam manufacture
23005

Polyurethane foam manufacture

Nigeria
Market: Production
Stage of the project: Operating business

Date of last change: 03.11.2017
Min investment
$  100.000
0
Total required
$ 1.000.000
Rating
equalizer 150 из 1000
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Idea

We are a specialty foam manufacturing company. Well grounded and experienced in Polyurethane foam manufacturing processes
We need to expand and diversify down the value chain.

Current Status

Started operation in March 2017. But need to acquire more machines and space to move the business beyound present stage.

Market

Hotels, Schools, hospitals and the rich.

Problem or Opportunity

We see huge opportunity in servicing the high earned market which is yet to be professionally serviced by the big brands in Nigeria

Solution (product or service)

To become a dominant brand in the next 4 years of operation through offering quality products and services.

Competitors

Vitafoam
Mouka Foam
Sara foam
Marta foam
Pollyfoam

Advantages or differentiators

We offer high quality foam.
We have integrity as our watch word
We are innovative
We are technically sound and understand the business.

Finance

Presently self financed and not indebted to any bank or individual.

Business model

B2B sales

Money will be spent on

1. Purchase of some machinery
2. Purchase of more land and errecting of buildings.
3. Purchase of raw materials like chemicals and 3
4. Working capital

Offer for investor

30% of investment

Risks

Availability of raw materials which is import dependent aand fire since foam is self igniting.

Incubation/Acceleration programs accomplishment

None

Won the competition and other awards

None
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video