Carter Developments | Application Preview
Carter Developments is seeking government grants to support its operations and growth. The funding will be allocated as follows: $4,500 for upgrading to a Prusa XL 5 extruder 3D printer, $2,900 for a CNC mill, $4,500 for a plasma cutter table, $3,100 for a lifetime shed for operations, and $15,000 for a trailer to enhance delivery services.
The business has been experiencing a surge in demand, particularly in 3D printing and CNC machining, especially for oilfield clients. Over the next five years, the company anticipates hiring 10 to 15 employees and expanding its service area to encompass all of central Texas.
Carter Developments argues that funding will act as a catalyst for supporting oil production and technological growth in both urban areas like Austin and rural communities such as Smithville and Giddings. With the help of this funding, the company aims to better meet the needs of resource providers in central Texas.
In terms of competition, Carter Developments finds itself up against established companies like FacFox, Craftcloud, and Shapeways, which offer similar services. However, what sets Carter Developments apart is its hands-on approach to custom part production. Unlike competitors that primarily rely on printed files, Carter Developments actively engages in generating parts tailored to the specific requirements of the oilfield sector.
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General Information
Business Registration Number: 5125750231
Location: SMITHVILLE, TX, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: NO
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Funding Usage
We will be using $4500 to upgrade our 3d printer to prusa xl 5 extruder, $2900 for cnc mill, $4500 for plasma cutter table, $3100 lifetime shed for operations, and $15000 for trailer to pair with current company truck for delivery options for customers.
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Business Plan
Currently, new customers are requesting my services. Business is growing rapidly. 3d printing is a booming business. CNC machining and custom part production for oilfield clients is quickly rising. In the next 5 years I expect to have hired 10-15 employees and serve all of central Texas. Investing in Carter Developments is a launch pad or a jump start to providing major assistance and support for oil production and technology expansion in Cities like Austin and rural towns like Smithville and Giddings Texas. The funding we ensure Carter Developments can meet the demands of companies that provide valuable resources to central Texas.
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Self Identified Competition
Right now, Carter Developments is competing against major companies like FacFox, Craftcloud, and Shapeways. These companies provide similar services to Carter Developments, however, Carter Developments takes an active role in the development or custom parts whether it's 3d printed or cnc. We provide guidance or we can actually generate parts that suit oilfield needs Competitors usually only print files. We actually generate.
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Contact Applicant
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