SOS Systems LLC | Application Preview
SOS Systems LLC is applying for government grants to support its proprietary fire suppression compound, which they aim to sell as the only Service-Disabled Veteran-Owned Small Business (SDVOSB) manufacturer in the U.S. The funding will cover over $80,000 in USDA lab testing necessary for certification on the government procurement list.
The business plan focuses on leveraging the SDVOSB status to access government set-asides while expanding into the oil and gas markets. They argue that approving this funding is essential, given that the fire suppression foam industry generates billions annually, and as the sole SDVOSB manufacturer, they stand to gain prime vendor status with the government.
The main competitor, Phoscheck, has a foothold due to previous testing. SOS Systems LLC aims to follow that path to enter the market. Their competitive advantage lies in their SDVOSB status and a General Services Administration (GSA) contract vehicle, ensuring that a portion of federal spending is legally required to be set aside for them.
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General Information
Business Registration Number: 124653501
Location: Odessa, TX, United States
Length of Operation: 6-10
Number of Employees: 1-10 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $500k to $1M
Open to Loans: YES
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Funding Usage
We own a proprietary blend for a fire suppression compound in which we would like to sell to the government as the only SDVOSB manufacturer in the US. In order to do that, we must submit to over $80,000 in USDA lab testing for our product to be certified on the procurement list.
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Business Plan
Utilizing our SDVOSB status to take advantage of governmental set asides, while still expanding our market share in the oil and gas market spaces. Fire supression foam is a multi billion dollar a year industry and with us being the only SDVOSB manufacturer, we will be awarded the prime vendor status to the US government.
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Self Identified Competition
The only competitor in the US is a foam manufacturer called Phoscheck that utilized the testing procedure. We are attempting to do the same and pierce the market. Our SDVOSB set aside status and GSA contract vehicle means by law a portion of the federal expenditures would have to be set aside for us.
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Contact Applicant
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