For each selection, please explain the financial and non-financial support from each
To date the founding & development process of Interlocking solutions has been funded 100% by myself individually. I have had support and assistance in design development by friends and family.
As the technology has only recently completed the design patenting and technical phase I am now seeking to raise adequate funding to setup the production facilities to deliver my versatile technology.
How do you plan to grow and/or diversify your base of support in the next three years?
I plan to grow my technology into major scale development projects focused on Low cost housing programs locally in Africa with and without government support (Area Dependent), I then plan to expand the technology on a global scale as the system I have created is versatile & unique in many aspects and can be used for many different applications. I.E Low cost housing, critical infrastructure and high end housing developments.
I also intend to approach businesses and NGO’s for capital facilities in order to offer micro financing solutions to the low to mid income earning individuals seeking adequate housing solutions and incorporate this when offering my housing units. Creating a complete solution to individuals in the low income-earning bracket.
By doing this we can offer housing solution more efficiently than that current being offered by local government housing programs. It is also viable from a profit perspective as your R.O.I is greater when micro financing is conducted In this case housing units will be supplied in house at cost price and financial benefit will occur on interest from the micro financing income generated.
I also intend to acquire foundational support as my concept and technology can be used in urban developments, Deployable shelters, and critical infrastructure development in remote areas. I will offer my solution to United Nations and Red Cross for humanitarian relief in the cases of earthquakes or floods or any natural disasters.