EPECbike is developing an affordable electric bicycle attachment that can provide speeds up to 15km/h. The CEO, CTO, and COO have created a minimal viable product and financial plan to launch the business. Their target market is urban cyclists in the Netherlands, where over 1.3 bicycles are owned per capita, representing a large used bicycle market opportunity. They are seeking initial investment of 20,000 Euros from each founder for research and development with plans for larger funding rounds to support mass production and international expansion.

1. EPECbike
EPECbike

2. Sustainable, affordable and innovative electric bicycle
alterntive. EPEC bike, provides cyclists with all of the
advantages of the electric bicycle, for fraction of the cost
Problem & Solution

3. Electrical motor capable of providing speeds up to
15km/h with recheargable battery.
Developed to easily attachable on a previously owned
contemporary or traditional bicycle.
Minimal Viable Product

4. CEO – Vladas Valeika
CTO – Yieuw Wing Mok
COO - Kitty Ly
EPECbike Team

5. 5) Transaction
EPECbike financial forecast

6. With Netherlands having 1,3 per capita bicycles it is a huge
used bicycle market, to address this opportinuty we plan on
achieving our goals with personal assistance/ e-commerce
models for our products.
Revenue Model

7. Total Available Market – 84% of the population of the Netherlands
Serviceable Available Market – 3 closest provinces around Amsterdam
Serviceable Obtainable Market – Urban residents, everyday cyclists.
Target Customer Market

8. - Market
verification.
- R & D
- Mass production
- Expanding
market (urban
cities in NL)
- Expanding market
to 2 other
countries
Financial roadmap

9. First stage: 20,000 euros from each of owners for R&D and initial costs
(estimated deadline 2020)
Second stage: 219.000 euros for starting mass production
(estimated deadline 2022)
Third stage : 2,000,000 euros for entering foreign markets
(estimated deadline 2024)
Need of Investment
During the initial stage, we offer for potential investors:
10% of our stakes for 300.000 euros
Or 5% of the profit based on a period of 10 years

10. Contact details
Email: Y.mok@student.ru.nl
Phone: +31 06-28832583
Email: Vladas@Iive.com
Phone: +370 68469094
Email: khietyeely@gmail.com
Phone: +31 06 - 577 84 151
Twitter.com/EPECbike
Facebook.com/EPECbike
Follow us on:

11. EPECbike
EPECbike – the future of cycling