LOCALS

innovative tech start-up – “locals” is a combination of tourism platforms, news streaming platforms,s and influence platforms.

The multilingual online platform will include a website and app about Georgia covering the country connecting tourists and service providers and helping to find the best places around the country in-clouding: hotels, restaurants, bars, clubs, shopping, sightseeing, and historic heritage, museums, local heroes, etc.   The service would help local and foreign travelers to navigate the country from popular and famous destinations to upcoming hotspots and remote locations, finding rare gems of Georgian nature and history, getting to know the country, and be able to get the best service in any place or on the way to their destination.  

Start-up valuation service 

We determined the pre-money & post-money value of start-up Locals based on pre-revenue start-up qualitative & quantitative valuation methods.

Start-up business development service 

We created a business development plan for start-up LOCALS, which includes:

  •  Executive summary
  • Description of start-up background
  • Determination  team and organizational structure of start-up
  • Detailed description of innovation technology of start-up
  • Market Analysis – determination Total Addressable Market – T.A.M
  • Market Analysis – determination Serviceable Available Market – S.A.M
  • Market Analysis – determination Serviceable Obtainable Market – S.O.M
  • Determination main competitors
  • Determination of future strategy of start-up development
  • Determination commercialization strategy
  • Determination & optimization of the business model
  • Determination of development plan of start-up
  • Planning a 5-year project budget for GITA start-up matching grants.
  • Determination revenue drivers 5-year financial projection P&L statements for GITA start-up matching grants.
  • Investment return analysis.
  • Calculation of revenue growth rate and CAGR – Compound Annual Growth Rate for a 5-year projected period.
  • Profitability analysis of 5-year financial projected P&L statements.

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