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Kyan Inc: A Growing Company
Kyan Inc. aims to provide local, year-round produce to Eastern Ontario using organic growing methods.
Problem: Right now, Eastern Ontario markets must import produce from other countries to keep up with demand in the colder months
Our Solution: Using specialized lighting and environment technologies Kyan will be able to grow consistent quality microgreens year-round, even in the winter
Locavores and businesses in the area that care about keeping their sources local. We will be targeting the upscale restaurants in Ottawa and Montreal, as well as area grocers
Our Opportunity!
Our Market!
There are several companies offering microgreens in the area, some of which are even local, but the market is emerging, creating room for more producers
Our Financial Outlook!
Year One Profit: $187,000
Year One Tax: $32,000
Year One Dividends: $94,000
Year One Capital Repayment: $120,000
Year One Cash at End: $141,000
Year Two Profit: $208,000
Year Two Tax: $36,000
Year Two Depreciation: $10,000
Year Two Dividends: $94,000
Year Two Capital Repayment: $110,000
Year Two Cash at End: $120,000
In order to achieve our projected budget, we would need initial funding to the tune of $200,000
Year Three Profit: $237,000
Year Three Tax: $40,000
Year Three Depreciation: $10,000
Year Three Dividends: $94,000
Year Three Capital Repayment: $0
Year Three Cash at End: $233,000