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Kyan Inc: A Growing Company
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Kyan Inc. aims to provide local, year-round produce to the Prescott-Russell area 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 Revenue: $130,000
Year One Expenses: $250,000
Year One Profit: -$120,000
Year Two Revenue: $130,000
Year Two Expenses: $70,000
Year Two Profit*: -$60,000
Year Three Revenue: $130,000
Year Three Expenses: $70,000
Year Three Profit*: $10,000
* Minus the carryover debt from previous year
In order to achieve our projected budget, we would need initial funding to the tune of $250,000