Business Plan

Introduction

Innovative ideas are the cornerstone of progress and development in society. However, many inventors often struggle to find the right resources and support to bring their ideas to life. On the other hand, there are individuals and organizations out there who are genuinely interested in supporting innovation for the greater good, rather than purely for financial gain. Our platform aims to bridge this gap by connecting inventors with these patrons of innovation.

Business Model

Our platform will serve as a marketplace where inventors can showcase their ideas and connect with individuals or organizations who are willing to help bring these ideas to life. The platform will be open to all types of innovative ideas, regardless of their potential financial return. Users will be able to create profiles, showcase their ideas, communicate with potential supporters, and ultimately collaborate to turn these ideas into reality.

Revenue Streams

Subscription Fees: Inventors looking to showcase their ideas on the platform will have to pay a monthly subscription fee. This fee will give them access to the platform's features and help in maintaining the quality of ideas on the platform.
Transaction Fees: When collaborations between inventors and supporters lead to the actualization of an idea, the platform will charge a small transaction fee to facilitate the process.
Advertisement: The platform will also offer advertisement space to businesses and organizations interested in reaching out to our community of inventors and supporters.

Marketing Strategy

Targeted Campaigns: We will launch targeted marketing campaigns to attract inventors and supporters who share our vision of promoting innovation for the greater good.
Partnerships: Collaborating with innovation hubs, universities, and organizations that support innovation will help us reach a wider audience.
Social Media: Leveraging social media platforms to create awareness and engage with our target audience.

Financial Projections

Estimated Monthly Revenue:
Subscription Fees: $15,000
Transaction Fees: $5,000
Advertisement: $3,000
Total Monthly Revenue: $23,000

Conclusion

Our platform seeks to create a vibrant community of inventors and supporters who are passionate about bringing innovative ideas to life. By connecting these two groups, we aim to foster a culture of innovation and collaboration that transcends financial motivations, focusing instead on the greater good that can be achieved through creative ideas.

Estimated MRR: $23,000

Startup Idea: A platform that connects inventors with individuals or organizations who are genuinely interested in bringing innovative ideas to life, regardless of the potential financial return.