Ecodapter | Application Preview
Ecodapter is seeking government grant funding to manufacture plastic injection molding dies necessary for creating their adjustable two bulb lamp adapter. Once the dies are completed, Ecodapter plans to produce a supply of parts for 500 units to kickstart ongoing production and sales.
The business strategy focuses on increasing sales through diversified advertising efforts and developing sales programs geared towards encouraging word-of-mouth promotion. The adjustable lamp adapter is designed to replace traditional 3-way light bulbs, allowing users to save energy by utilizing two lower-output LED bulbs. This innovation not only enhances light distribution but also offers cost savings on energy and bulb replacements, presenting a broader environmental benefit beyond just individual buyers. The product is patented, reinforcing its uniqueness and market position.
Ecodapter faces no competition as their lamp adapter is protected by patents in both the U.S. and Canada, ensuring its exclusivity in those markets. This patented status gives Ecodapter a significant competitive advantage, as their product is the only one of its kind available in the region.
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General Information
Business Registration Number: EIN 85-3855101
Location: Louisville, KY, 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
The funds will be used to procure the manufacture of plastic injection molding dies required to produce the main structure of the adjustable two bulb lamp adapter. Up on completion of these dies an inventory of parts required for 500 units will be procured for on going production and sales.
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Business Plan
Growth in sales of the lamp adapter will be achieved by advertising product in expanded media streams and devising sales programs to influence word of mouth selling. The product to be manufactured and sold is an adjustable two bulb lamp adapter intended to replace the standard 3-way light bulb which cannot be adjusted for better light distribution . The adapter is designed to allow buyer to save on energy by using two lower output led light bulbs that can be adjusted to focus light downward from under lamp shade to get more lumens where needed. Energy savings and lower bulb replacement costs is is a value affecting mare than just the buyer. The service to all seems more important than profit. The lamp adapter product is Patented.
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Self Identified Competition
The adjustable two bulb lamp adapter sold by Ecodapter is unique and has no competition since the product is protected by a US Patent and a Canadian Patent. Therefore no competition is likely. Very simply, the sole product is Patented in both the U.S. and Canada and will work with only lamps used in both countries.
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Contact Applicant
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