Shaves Adams
Lancaster, CA (USA)
Founder/Owner/Principal
New Innovation Worldwide
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Investor
Location:
Lancaster
Range:
Below $10k - $10k
Investor Type:
Angel
Accredited:
Yes
Description:
Funding Types:
- Operational/Growth Funding
Industries:
- Non Profit
Investment Regions:
- United States
- NV
Founder/Owner/Principal
New Innovation Worldwide
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Startup
Location:
Lancaster
Industry:
Technology/Web
Year Founded:
2008
Number Employees:
1-10 people
Description:
New Innovation Worldwide is a New Invention Licensing company located in Lancaster, Ca. Established in November 2000 by 2 invention developers and patent holders Rebecca Rea, Shaves Adams has 10 years of experience in Licensing, manufacturing and distrubiting as well as 8 years in senior marketing management. Mr. Adams is a Harvard graduate with a PhD in business Managment with 5 years of work experience as a Director of Product Development with a large electronics manufacturer. Rebecca has established a competent team of 3 very dedicated people who love to work with new inventions.
New Innovation Worldwide is a limited partnership with a 50/50 split between Ms. Rea and Mr. Adams. The company is concentrated on developing new inventions also licensing inventions to company’s. with 3 patents pending. Currently the company has beta programs with Lockheed Martin as well as the Canadian and U.S. armed forces. New Innovation Worldwide requires $75,000 thousand dollars debt investment to purchase more equipment and to create a professional sales staff. The investment also starts new building projects across california to help employ new employees.
The projected growth for the industry, based on the previous years is 40%. New Innovation Worldwide will be expanding its business with new equipment and employees to meet that demand. Projected 5 year gross revenue equals $15 million.
The $105,000 in investment will be required for March 1st, 2009 closing. can begin by June 2009, over a 5-year timeline. Early retirement of the grant is expected. In addition to the current assets under New Innovation Worldwide LLP.