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Event Management Business Seeking Loan in Amsterdam, Netherlands

Amsterdam-based event management company seeks funding for Charity Reggae music festival in Ghana.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Event Management
Locations  Amsterdam
Local Time 10:41 AM Europe / Amsterdam
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 thousand for 2.0% annual interest, 1 year (Native Currency: EUR 35,000)
Reason: - We are seeking this loan in order to fund all the activities of the festival, sign contracts with ... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Plan
Business Overview
- We are a non-profit organization and entertainment company based in Amsterdam, with a primary focus on talent enhancement and charitable support, particularly for children and the needy.
- The organization utilizes reggae music as a central element and follows the guidelines of the United Nations' Sustainable Development Goals to achieve its objectives.
- We are seeking this loan for one of our biggest projects yet, which is a charity Reggae musical festival in Ghana.
- The main revenue stream for this festival is through ticket sales, with an expected sale of 5,000 tickets priced at EUR 50.
- In addition to ticket sales, the organization anticipates generating revenue from small businesses and food stalls participating in the festival to market their products.
- The festival is attended by individuals of all ages and boasts an impressive lineup of music artists, with a plan over 30 reggae artists scheduled to perform.
- A new Djembe world record is aimed to be achieved at the festival, adding an element of community engagement and participation.
- The festival will be held at El Wak Stadium, Giffard Road in Accra, Ghana, with a total capacity of 10,000 attendees, offering a significant market for potential sponsors and investors.
- The highlight of the festival is that the proceeds go to charity to help better the living conditions and provide education to the people of Ghana,
- Since this listing is specifically for one festival that is going to be held towards the end of this year, there is no run rate and reported sales mentioned.
Products & Services Overview
An event management company based in the Netherlands aiming to organize the biggest Reggae festival in Ghana with the proceeds being donated to charity.
Assets Overview
There are no tangible assets as a part of this business currently.
Facilities Overview
The office is run from a home facility in the Netherlands.
Capitalization Overview
There are 2 partners in this business with a 50% - 50% equity split.
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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