https://mcallen.org/innovationgrantwinners/).
Please select one product from two with respect to the (potential) opportunity you found.
And then make a new business plan for the product to achieve economy of scale/ scope given the
resource they could possibly obtain in the RGV area. The project should clearly address:
- Why the suggestion/business plan is important.
- Market/SWOT analysis associated with the current business environment in the RGV
area or nationwide. (important) - Marketing/ Sales strategies. (important)
- How to structure management/ service/ product line. (If there’s any suggestions)
- Estimation of Costs/ Funding request /Financial projections. (consider the feasibility for
small business)
Sample Solution