Overview
At MarketConnect, we believe in the power of local economies. Our platform provides small businesses with an accessible online marketplace to reach consumers actively looking for locally sourced products and services. Since our launch in early 2025, we have onboarded over 200 local businesses and have facilitated more than 10,000 transactions, largely through organic growth driven by community engagement. The funds we are seeking—$285,000—will be crucial in refining our platform's technology. We aim to improve user experience, optimize our backend operations, and implement new features that cater to our growing user base. MarketConnect stands out by not just facilitating transactions but also by fostering community connections through reviews, local events, and promotions that benefit both businesses and consumers. Our revenue model includes a commission on each sale, as well as subscription fees for premium business listings and targeted advertising. Over the past year, our monthly revenue has grown by 25%, and we expect this to continue as we expand our user base and service offerings. Our goal is to double our active user count by Q2 2027 while also enhancing revenue streams thr…
Use of funds
The requested investment will be allocated as follows:
- 50% for technology development, including feature enhancements and platform optimization.
- 30% for marketing initiatives aimed at user acquisition and brand awareness.
- 20% for operational costs, including hiring key personnel in customer support and sales.
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