Binns Innovation is seeking funding to produce an innovative plastic bottle with two compartments that allows drinking from two openings. The funding goal is $8,500 to cover the one-time mold cost of $4,500-5,000 and shipping costs of $2,000, with additional funds needed for bottles and logos. By December 2014, the goal is to sell 10,000 bottles and partner with organizations to help them raise money and awareness while traveling around the country.

1. Binns Innovation
BinnsInnovation.com

2. Problems
• I’m a college student who doesn’t have any
collateral.
• I’m in the process of obtaining a bank loan
• I’m preparing to start a Kickstarter campaign

3. Funding goals for plastic bottle
These are good estimates
• $4.500-5,000- mold cost (1 time cost)
• $2,000-shipping
• 1,000 bottles+ logo 0.05= $2,500
• Total: estimate $8,500

4. Our target goal is
• To create innovative bottles (at this moment)
• Cost efficient
• Inspire other young entrepreneurs
• Create partnerships in business

5. By Dec. 2014
• We want to sale10,000 bottles
• Complete contracts with; Dubque Fighting Saints,
Nashville Sounds, and other minor league affiliates
• Partner with a foundation
• Travel around the country
• help churches, colleges, and school organizations raise
money and awareness.

6. Product Benefits
• 2 compartments to drink from
• Consumers choice
• 2 drinks in 1

7. Original Plastic bottle Features
• PPE Free
• Bottle twist
• Plastic

8. Stainless Steel or aluminum
• If I get a better reception on non plastic bottles, I
was going to make a 16 oz stainless steel or
aluminum water bottle.