The idea of this investment project is to build electronic chessboard with real figures and programmed support. ROI and payback expectations are listed in the proposal and the attached business presentation.
In order to get financing we are searching for investors on the Merar website http://www.merar.com
2. Introduction
Chess playing helps developping analytical
thinking and also :
assiduity
attention
independance
creativity
3. Relevance
In the last years, children and teenagers
almost lost interest in chess.
This could have a negative effect on society as
chess enables children to developp logical and
analytical thinking.
5. Market
more than 150 millions of chess fans worldwide
The internet portal chess.com has more than 1'000'000
users
> 10 millions people playing chess in online clubs all
around the world, more than 500'000 of them are in
Russia
> 50'000 chess clubs in Europe and North America
Alone in the United States 2 millions of chess kits are sold
yearly
6. Problems
Electronic chessboards
- not mobile (attached to computer)
- need separate chess clock
- expensive
Chess computers
- has unchangeable difficulty level
- not suitable for games in internet
- expensive
7. Product description
« E-CHESS » is a wireless electronic chessboard with real figures
Bluetooth technology enables connection and information exchange with
mobile phones
computers
laptops
Enables chess games with
alive opponent
computer
internet opponent
Executes savings and analyses of matches, controls time of match
13. Advantages of «E-CHESS» over similar
products
Totally wireless
chessboard does not need electricity
Case highlighting
Used to show opponent's moves and also for learning
Separate chess clock not needed anymore
as it is in-built into system
Original design
by means of new modern meterials
14. Business model
Profit made through selling
- of electronic chessboards
- of softwares containing
programms to analyse matches
library of grandmasters matches
library of chess exercises
And also through organisation of semi-professional and
amateur tournaments
15. Advertising campaign
internet advertising
mass media advertising
organisation of tournaments
social projects (organisation of
tournaments in orphanages, chess classes in
schools etc.)
Aleksadra Kosteniuk — Russian chess
player , grandmaster (2004), 12th
Woman's World Chess Champion
16. Realisation
In Russian Federation
Dealer network
Official shop in St. Petersburg
State order from the Ministery of Education
Worldwide
Internet shop
In the future possible development of distribution
networks
18. Financial plan
Key financial indicators of the project:
Return on investment (10 years) RI – 16,10
Internal rate of return IRR – 79 %
Simple payback period of investment costs – 3 years
Total amount of investment expenses – $200 000 USD
The high rate of return obtained under conservative estimations
allows to speak about the solidity of the project.
19. Team
CEO
Visualiser, manager
Candidate for a Master's degree at the Faculty of Physics of St
Petersburg State University
Research project manager of Research and Development
Center «TATA»
Engineers
20. Partners
Research and Development Center
“TATA”
Bayer Material Science
21. Current state
Russian patent for utility model obtained
Design is developped
Current stage
Development of an experimental model
Obtainment of international patents
Necessary investments - 1 million of roubles