Photo - knittyquilt and wears
23953

knittyquilt and wears

Nigeria
Market: Production
Stage of the project: Operating business

Date of last change: 30.11.2017
Min investment
$  50.000
0
Total required
$ 500.000
Rating
equalizer 129 из 1000
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Idea

The project focuses on the production of knitted and crotcheted wears of various designs, quilted and well designed duvet covers, children wears.

Current Status

Operating business

Market

The customers are parents both male and female. The target market include supermarkets, distributors, wholesalers.

Problem or Opportunity

The product line is basically for parents, children and home. The knitted and crotcheted wears will help protect children from cold and harsh weather conditions. The quilted product is for home use (bedding) and it gives comfortability to the users. Children wears serve as covering for children of ages 0 through 10 years

Solution (product or service)

The products include knitted and crotcheted wears for babies and toddlers, quilted duvet covers for home use and children wears of varying sizes and design.

Competitors

New knitted and crotcheted baby products are not in Nigeria. They are only seen in fairly used products imported from other countries. Producing this new product will be a great advantage. Some Duvet covers are also imported. Adding quilt designs to the line of duvet covers will make them very unique and it will encourage high sales.

Advantages or differentiators

New knitted and crotcheted baby products are not in Nigeria. They are only seen in fairly used products imported from other countries. Producing this new product will be a great advantage. Some Duvet covers are also imported. Adding quilt designs to the line of duvet covers will make them very unique and it will encourage high sales.

Finance

Knitted and crotcheted products costs $10-20 each, quilted products costs $20 - 100 each, children wears costs $10-30

Money will be spent on

Production equipment and expansion of the product lines to reach the entire country .

Offer for investor

30%
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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