App / Website based Event management start-up looking for around $200k to expand


$ 200.000 (Negoitable for share)



Summary: MICE (Meeting, Incentive, Conference, Exhibition) Startup looking for funding 
Project type : Venture Capital/Start-Up
Funding Needed : USD 200.000 (Negoitable for share)
Use of Capital: Application and software development as well as sales force build-out.
Equity stake: Negotiable


The market opportunity..


An online marketplace platform for event needs that connects the event vendors and event planners. This platform allows event vendors to market their products and services in detail based on the real-time availability so that the event planners can easily find, compare, book and get instant confirmation for their event needs. 


“The global MICE industry is set to reach $1,245 billion in 2023, according to the new “MICE Industry by Event Type: Global Opportunity Analysis and Industry Forecast, 2017-2013” report by Allied Market Research. 
Asia-pacific continues to grow 8.6% per year” 
http://www.internationalmeetingsreview.com/research/mice-industry- set-hit-1245-billion-2023-104239 


“Based on data from ICCA (International Congress & 
Convention Association) released in 2012, the amount 
of foreign exchange issued by MICE tourists is seven 
times that of ordinary tourists. MICE tourists are 
generally classified as "quality tourist" who tend to stay 
longer and spend more money than ordinary tourists.” 
https://venuemagz.com/news/pengembangan-mice-di-indonesia/ 


Indonesia Market Forecast in 2019 
* 950 events 
* 2M participants 
* USD 5.1B Total 
Expenditure

We are targeting to reach at least 10% from available serviceable market in Indonesia which is equal to USD ~600M in the next 3 (three) years.


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