Scaling the Solution: How do you intend to scale your activities over the next two years (e.g., reach new markets, diversify solutions, etc.)? What will make this possible?
The technology is not limited to a certain space, and enables applications to reach other countries. Anyone with a smartphone can take advantage of the application.
We estimate that in the first year, the application will be available only locally, in Romania. Following the 2nd year will be available in other countries. Our target is that by 2017 the application to be available to everyone worldwide. In this respect we have a young team of 4 people who are dedicating all their free time creating and improving this application, with the goal of helping as many people.
Financial Sustainability: What is your business model to ensure financial sustainability?
So far the cost of developing the application was of 5,000 euro, money paid from personal savings. To complete the required application we need around 5000 euros, that will be paid from the same source. In order to extend this application in other countries we desire to charge the user with 1 euro, paid to download the application.
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered.
I'm currently working as Project Manager for various projects with European financing for both private companies and public institutions. The aeas range from roads, public lighting, creation and development centers for the disabled, the nursing homes to business in medicine. Before that I helped to create those projects and obtaining the financing.