Trish Zeinert
Winona, MN (USA)
Role(s):
Founder/Owner/Principal
ECO Technologies
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Startup
Location:
Winona
Industry:
Manufacturing
Year Founded:
2010
Number Employees:
1-10 people
Description:
ECO Technologies is looking for $113k in start-up capital so that we can manufacture and market an environmental friendly paint system. ECO Technologies is located in Winona, MN. Based on securing .5% of the $520,000,000 wholesale paint applicator market, first year sales are projected to net over $1M. Product will be manufactured in USA with add on components custom manufactured out of the country. Product will naturally demand repeat sales. Consumers will initially be attracted by the cost savings; heavy emphasis will be placed on the "go green" aspect of the product. Designed for both the novice and professional painter. Projection is a minimum of 5% of the market within two years.
We will initially focus on the consumer market by securing contracts with major retailers. Next step will be government sales and then international sales. There is no direct competition and the product sells itself. Display units have been designed and will be available to retailers.
ECO Technologies is primarily interested in these funding sources, but will consider all inquiries:
-Equity Funding (Venture Capital, Angel, Private Equity, etc.)
Once fully funded, we intend to use this capital for these purposes:
-Operating/Growth Capital (Payroll, Sales & Marketing, etc)