Founders & Management Team:
Peter Hansen (CEO), a renewable energy expert with 10 years of experience in solar energy, leads the project alongside Linda George (COO), who has managed large-scale cleaning operations. The team includes solar engineers and sustainability consultants.
History of Past Funding Requests:
In 2021, the founders raised €100,000 in seed funding. This was used to purchase specialized solar panel cleaning equipment (€60,000) and develop an automated booking system (€40,000).
Business Case:
Dust and debris can reduce the efficiency of solar panels by up to 30%. Our specialized cleaning service helps solar panel owners maintain optimal efficiency, prolonging their systems’ lifespan. The solar energy market is expected to grow to €223 billion by 2026, increasing demand for maintenance services.
Shareholding Structure:
The founders hold 75% of the company (Peter: 40%, Linda: 35%), with the remaining 25% held by early-stage investors.
Marketing Strategy:
We will target both residential and commercial solar installations, using direct marketing and partnerships with solar energy companies. An automated online booking system will streamline the service process.
Risk Mitigation:
Seasonal demand fluctuation and competition are potential risks. We mitigate this by offering maintenance packages with recurring services and maintaining partnerships with solar panel providers to ensure year-round demand.
Social Impact:
By improving the efficiency of solar panels, we contribute to the adoption of renewable energy and help reduce carbon footprints.
Type of Investment Needed:
Equity investment to expand operations and fleet.
Funding Amount Required:
€150,000
Use of Funds:
- Purchase of additional specialized cleaning equipment: €60,000
- Vehicle fleet expansion: €40,000
- Marketing and customer acquisition: €30,000
- Operating costs: €20,000
Expected ROI:
20% annually, driven by the growing adoption of solar energy systems.
Payback Period:
3 years, with profitability expected in year two.