Berkshire Solar Panels
BUSINESS BUILD OUT
Start Up: $2.2M
Use of Funds
Site costs (leasing) $30K
Equipment costs $2M
Insurance, Utilities $5K
Soft Development $3K
Leasehold improvements $100K
Projected Annual Budget
Income: Direct to consumer, direct to installers
Skills & Experience Needed
Large Scale Manufacturing
Made in Berkshires
Cutting edge technology
Problem Worth Solving
As we approach an era in which we recognize our natural resources and finite fuel sources being depleted, we turn to renewable and alternative resources to meet our needs. Because these products are not yet on the mainstream market, they are costly and therefore out of reach for many.
The Berkshires can solve its own energy needs by producing solar panels for local installation to harness the power of free solar energy.
Market Opportunity - Who are your target customers and how will you reach them? How will you distribute your product or service? How does your idea meet an opportunity for import replacement?
With increasing demand for alternative energy sources, there is proven demand for such a product both residentially and commercially. The opportunity for installation and distribution services will also increase as availability increases. Local installation businesses currently see a high demand for solar products (on-roof cells and trackers).
The competition is:
Direct: Solar ray-captivating products are made outside of the country and most recently, a factory has been built in Buffalo, NY to manufacture panels.
Indirect: While alternative energy sources remain costly, non-renewable energy sources are [currently] readily available and cheap.
Idea Pitch - What are you selling? Why is it important?
Solar energy is in high demand. A local manufacturer can employ local people, provide a product for a local market, and manufacture for an export market all while addressing our energy crisis.