ETC Technologies
Funding Request
Funding Request
•Looking
for angel funding or seed funding of $2,000,000. Current partners/solution providers are open for a very reduced cost/billings of
integration with a small equity stake to help launch
solution. Partners have ALL realized
that this is nothing they have seen before and the huge
potential is bringing more of them on board to any and all terms laid out
•All
the partnerships are in place and need funding for brining the integration
into the final MEGA solution. Funds for all normal and expected startup
business related items
•Approx.
local personnel including 6 MIT developers, 8 Oracle developers, 20 main integration developers with another 60 over seas
developers along with teams in Silicon Valley ready to deploy for first stage solution
completion
•As
the organic growth continues through the solutions proven results, more demand
to add products will have to be
integrated as the solution will be driven by the demands from the customers.
More personnel will be required with special expertise along with additional costs to make the solution even more
robust, further expanding our barrier to entry and our window of opportunity. This is the hottest and most talked about
field
•Focus
on the first stage will be concentrated on 6 core integrations that will
create the main engine that is ready
for turn key to market and sale
•Funding
will also be for the insurance that we are in a cash position to cover any
other unexpected costs, for we are
going into a new and very large opportunity untouched in the market today and could potentially big larger than
expected. We want to ensure first stage and scalability are covered
