Electronic customized cycles for persons with disability. With a motor on the front wheel, a battery on the rear wheel, and a switch on the handle, the cycle is ready to roll. It is easy to use and very convenient. With 20% gross profit margin, we plan to expand production to help more and more disabled persons.
Growth produces electric cycles for persons with disability. We have used self motor on the front tire, and have fitted a battery on the back tire. We placed a switch on the handle, and have connected it with the motor. This makes our cycle easy to use and it becomes a convenient device for transportation to be used by persons with disability.
We started with a seed capital of Rs. 16,000/-. We have created a prototype of our cycle, which has received a good feedback from people. We want to develop this product more and add more features to improve it. We expect to create our electric cycle in Rs. 4,000 per cycle, and sell it at a cost of Rs. 5,000/-.
We want to help the persons with disability, that is our primary motive for this business. We will be reaching out to NGOs who help persons with disability and selling them our product. We want an investment of Rs. 1,00,000 using which we will be able to create 20 electric cycles. We will also be using the money for marketing and renting out a space to store these cycles.