Enable Innovation is ready to grow, and are looking for investors. If you're interested in learning more, please contact us at your convenience.
info@enableinnovation.ca
www.enableinnovation.ca
2. Enabling the Innovators
who change our world
• Product Development services for Tech Start-ups, as
well as the defense and firearms industry
• Engineering Services for established manufacturers
• Employment Resource for Co-operative education and
internship students
• Resource for hiring trained and experienced Engineers,
Technologists, and Technicians
Resources for innovation, positioned in the heart of the
Technology start-up boom: Waterloo
3. The Team
a work in progress
Ryan Pagnacco CD
CEO
James Roussy
COO
Mechanical Engineering Technologist
Combat Veteran (Afghanistan)
Weapons Technologist at Colt Canada
Licensed Paralegal
Owner: Roussy Paralegal Services
Owner: Roussy Processing Services
Brenton Teed P.Eng
Engineer
Alexandra Rabel
EIT
Licensed Mechanical Engineer
Firearms Engineer at Colt Canada
Air Traffic Controller at NavCANADA
Engineer in Training (EIT)
Firearms Engineer Intern at Colt Canada
Electrical/Mechanical Designer at Metaluman
4. The Market
We’re already in the right place, at the right time
• Over 150 Incubators / Accelerators for Tech
Start-ups in Canada
• 2100+ Start-ups in Waterloo in 2017
• Start-ups have limited time and resources
• Limited local resources available for product
development and engineering services
relating to physical products
• Limited resources currently available for
connecting local manufacturers with start-
ups
• Significant local resources for long-terms
staffing: UW, Conestoga College, etc.
5. The Solution
What we bring to the table
Enable Innovation Product Development Inc.
Your on-demand Engineering Department
• Source for mechanical and electronics engineering
services for Start-ups and established manufacturers
• Available as-needed, on demand
• Common Standards and Practices employed to ensure
ease of communication
• Employing Co-ops and interns, available to the clients for
hire after project completion
• Link to local and national manufacturing network
• Support for developing and internal engineering
department
6. Business Model
Our plan for success
• On-demand services billed hourly as used
• Extended contracts available for large projects
• Financing options available include; ‘sweat for
equity’ agreements, licensing agreements,
amortized payments, and joint ventures
• Customers reached via Start-up communities
already in place; incubators, accelerators, post-
secondary education infrastructure, etc.
Proof of Concept
Client: Kodiak Defence / Wolverine Supplies
Product: WK180-C non-restricted rifle
Results:
- 1000 unit pre-production sales within 24 hours
- 4500+ units sold in 2018
8. Competition
Alternatives to our solution
Internal Engineering Department
Pros:
• Team knows the product and development
process
Cons:
• Expensive to establish
• May be too busy supporting legacy to
develop new products
External Engineering Firms
Pros:
• Varying industry experience and knowledge
of standards and best practices
Cons:
• Availability varies along with experience
• Intellectual property risk
9. Barriers to Entry
if it’s such a great idea, why isn’t everyone doing it?
• Start-ups and manufacturers may not have a
access or funding for P.Eng
• Certificate of Authorization needed from
Professional Engineers Ontario
• Firearms Business Licensing
• Controlled Goods Program Licensing
• Engineering infrastructure costs
• Understanding of, and connection to, local
manufacturing network
10. Financial Overview
We plan for slow, continuous growth
Investments to date (from CEO)
• Capital: $75,000
• Materials / Equipment: $12,000
• Total initial investment: $87,000
Past Year 1 Year 2 Year 3 Year 4 Year 5
Revenue $31,000 $150,000 $250,000 $350,000 $450,000 $500,000
Expenses $63,000 $140,000 $210,000 $265,000 $325,000 $350,000
Net $32,000 $10,000 $40,000 $85,000 $125,000 $150,000
11. Use of Proceeds
Future Internal Projects
WHERE WE’RE HEADING
WHERE WE’VE BEEN
Online Store: Paintball, Airsoft,
Firearms.
Launched: Summer 2018
www.innovationarmoury.ca
“Enable Experience”
Co-op / Intern
Program
“Innovation Manufacturing”
Small-scale production
manufacturing facility
focusing on full automation
and additive manufacturing
“Herbal Innovation”
Design &
Development of
products relating to
the Canadian
Cannabis Industry
“Decentral Manufacturing”
Development of “garage-
scale” manufacturing
equipment
“Innovation Support”
Funding local
manufacturers to
support tooling-up
for Technical
production
12. Capital Request
We’re ready to grow to meet the needs of future clients
Building the Team
• $250,000 to support hiring and training
of Engineering and Marketing staff
• $150,000 to support acquisition of
equipment for newly hired staff
• $100,000 to support development of co-
op/internship program and hiring
• Total Capital Request: $500,000
• Investment Terms are Negotiable
13. Define, Design, Refine
Ryan Pagnacco CD
CEO
755 Bridge St. W, Unit 1
Waterloo, ON N2V2G6
rpagnacco@enableinnovation.ca
519-498-3783