Mobile App focused towards sports events. seeking RM150K-RM300K

Mobile App focused towards sports events. seeking RM150K-RM300K

Project Cost: RM300,000

Amount Invested : n/a

Amount Required : RM150,000 – 300,000

Knowledge / Experience Required:
sale & marketing
internationalisation

Proposed Investor’s Role:
as mentor
as consultant

Industry:
informatics / multimedia
consulting
telecommunications
trade
electronics
financial services

Project Stage:
start-up

EXECUTIVE SUMMARY:

Company History:

Hi there, me and my team came from a creative and events background and we have been in the industry for quite some time. As such we came out with a new way to help event organizers and users to make it a hassle free process for them to get connected and buy tickets. All in less than 5 min.

Product / Service Description:

We are developing a mobile application which is focused towards sports events. What we can tell you is that we believe in our product and the potential market that it will bring. To find out more, contact us to set a meet-up and we assure you wont get bored.

Business Opportunity:

we will manage to solve a number of problems ranging from advertising an event, registration, ticket purchase and etc. To know how we solve it and how big is the market, let us show it to you rather than explaining it here. Feel free to contact us.

Revenue Model:

We will make money via:
1. User
2. Advertiser
3. Organizers

We will explain more in detail upon meet up.

Management Team:

Our team comprises of Mohd Firdaus Bin Marzuki, founder, and have been in the event industry around 5 years. Have manage multiple clients such as Sony, Toshiba, and etc. Joshua Tien, Creative Head, has been in the advertising line for more than 6 years and have created various creative for clients such as blackmores and etc. Our programmer is Jason Tan and he specialized in back end support programming. To know more simply contact us and we’ll do an introduction to you.

Current Status:

Currently we are in the funding stage. All of our costing and concepts are ready but we lack the inital fund to kickstart the development of the app.

Funding Milestone: The funds will be used for the development of the app into android and ios. We have set 3 funding milestone stages:
1. The first funding, for we will use for development and to push the app to market (RM 150K)
2. After the app is on the market we will use the second funding for promotion and advertising to get more users and also to get more organizers using the app in which we are also starting to generate revenue. (RM 100K)
3. To expand the business further by hiring additional staff for marketing and also for future updates development for the app. (RM 50K)

Business Valuation:

We are willing to provide up to 15%-20% shares based on the size of the investment. We know that this app has potential in the market as we have also interviewed a number of participants to get their feedback for our app.

Expected Return On Investment:

Annual returns of 10%-35% based on annual net profit. Terms may be discuss further upon meet up.

Investment Risk and Mitigation:

To be discussed upon meet up.

Exit Strategies:

Our exit strategies thus far are:
1. Buyout
2. Acquisition
3. IPO

CONTACT PERSON

Alex Marzuki ( alexmarzuki89@gmail.com)
Company Name: Boink! Interactive
Postal Address : 72, USJ 11/3B
State : SUBANG JAYA
Post Code : 47620
Country : Malaysia
Telephone : 0129338019
Mobile: 0129338019

 

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