Crowned by Court RX, LLC | Application Preview
Crowned by Court RX, LLC is seeking government grant funding to provide medical wigs for clients whose insurance does not cover these essential items. The goal is to assist those who are economically disadvantaged and unable to afford a wig unit, ensuring they can still receive the support they need.
In the next five years, the business intends to establish a nonprofit organization that will specifically cater to clients requiring medical wigs due to conditions like cancer or alopecia. This nonprofit will focus on supporting individuals without insurance coverage. Additionally, there are plans to create a beauty clinic where clients can receive beauty services in a comfortable environment.
Funding approval is justified by the desire to improve the mental health of cancer patients. The founder believes in the adage, "When you look good, you feel good," and aims to bolster the self-esteem of individuals during challenging times. The application highlights a concern for the mental well-being of clients, particularly women experiencing depression and suicidal thoughts related to their appearance.
Crowned by Court RX identifies three main competitors: Wigs.com, theheadshoponline, and Virgin Hair Fantasy. While these companies offer medical wigs and utilize insurance reimbursement programs, none provide assistance for clients rejected by their insurance.
The unique aspect of Crowned by Court RX is its low-income program, which ensures that all clients have access to wig units, regardless of their financial circumstances. The business is committed to helping individuals feel confident in their appearance, even in tough situations, thereby setting itself apart from existing competitors.
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General Information
Business Registration Number: 223183
Location: Nashville-Davidson, TN, United States
Length of Operation: 2
Number of Employees:
Annual Gross Income:
Annual Gross Expense:
Open to Loans: YES
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Funding Usage
I am asking for funding in order to purchase more material and extensions for the clients who are not eligible through their insurance to receive the medical wig. There are a few clients whose insurance will not cover the wig unit and they will not receive the wig. I want to create funding for those who are less fortunate and can still receive a wig unit although they did not qualify.
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Business Plan
Within the next 5 years I plan to have a non profit organization for the clients who receive medical wigs due to cancer, alopecia and other medical issues. The non profit will support the less fortunate who do not qualify through their insurance. My long term goal is to have a beauty clinic where my clients will have a place where they can feel comfortable with receiving beauty care. Investors should invest into my company because I am wanting to improve the overall mental health of cancer patients. The state "When you look good, you feel good" has a massive meaning. You do not have to look like what you are going through. I desire to boost the self esteem of many individuals in their time of need. I have saw many cases of woman who have suicidal thoughts or different forms of depression due to their appearance. Your hair is a huge representation of who you are. I just each individual to feel confident in their skin no matter the circumstances.
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Self Identified Competition
My top 3 competitors are Wigs.com, theheadshoponline and the virgin hair fantasy. Each of these companies offer medical wigs while using the insurance reimbursement program as well. Each company has great clientele and amazing ratings. What makes Crowned by Court RX different from my competitors is that I am going to offer a low income program. Unlike each competitor that I listed, not a single company offers a program for the clients who are refused by their insurance. No one should be told that they can not receive a wig unit. Each client should walk away happy regardless of their financial situation. Rather they are approved or not they will still have to face the fact that they are not satisfied with their appearance.
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Contact Applicant
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