- Country: USA
- Industry: Education, Training
- Stage: Seed
- Investment size: $55,000 / min. $10,000
- Type of investment: Debt
The total investment for this project (JS) is $55,000 and the expected return after 1.5 years is $259,000, which without taxes is 350% profit.
The concept for Jivane Stame is to make iPhone/iPad games for high school and college students preparing them for standardized tests worldwide. This is a low investment, high return project that has the capability to expand into a full-fledged business.
Jivani Stame will be a game for high school and college students preparing for common standardized exams. The first project will focus on students taking the Advance Placement Biology exams; after the success of this project, we will start adding additional exams in the U.S. - there are more than 32 possibilities for this. There will also be opportunities to target the Indian market as well.
JS will be developed for iPad/iPhone, and will eventually expand to a web-based game as well. It will be a Super Mario like game, where students will have to answer questions as they collect the coins; the questions will be asked in a stimulated test-like conditions (i.e. they will increase in difficulty as the level increases, there will be timed limits, etc.). If the students answer incorrectly, they will be asked to read related materials, that we will design, and answer twenty more related questions before continuing with the point-earning. The development will be outsourced to a reliable company; the total cost for development is $20,000. The estimated time for development is six months maximum.
JS will be marketed mainly on the App Store and Amazon, but also through our website, print ads, telemarketing, and school demos. The marketing cost is approximately $35,000, but this amount is flexible and based on how much money is collected. Hence, the total initial investment is $55,000, with the expected return of $259,000. This expected return is calculated with considering only 20% of the possible market.
Opportunity for the investor
This project can be started once the $20,000 required for development are secured. After this, we will begin building the game, and finding teachers to create question banks. Through this six months, we will also continue to find more investors for our marketing campaign. The profits and marketing costs calculated are for 1 year only.
There is no minimum amount required for you to invest in this project since there are no limitations in the number of investors that can be involved in this project. The profits will be divided based on how much you invest, and the payback period is 1.5 years.
The information that I've mentioned above is very brief for security and privacy purposes. If you are interested, get my contacts from Merar and call me, or email me, and I will give you a more detailed explanation of my proposal.
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