| 2008 Highlights |
More than $100,000 of Start-up Capital Secured
- With USTAR’s assistance, Ogwa secured more than $100,000 in early-stage investment capital for the new company.
- Ogwa won an outdoor product competition (against 130 other contestants) to secure further seed money.
- Through USTAR connections, Ogwa is prototyping a new potentially patentable product feature and is developing relationships with a number of Utah cycling and outdoor retailers.
- The company has cultivated its web presence and refined its branding, advertising and promotional messaging.
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| 2009 Goals |
Pressure Pak On The Market
- Introduce product to retailers in large out-of-state markets such as California.
- Raise nearly $500,000 in additional capital.
- Explore new, non-recreational markets.
- Introduce efficiencies in the sourcing and manufacturing process.
- Expand operations in Utah.
- Improve product line to offer several variations of Pressure Pak product, including further research and development on unique product features.
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USTAR's assistance has helped Ogwa secure vital early-stage capital to expand its operations..
What USTAR Clients Say
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The outdoor hydration products market exceeds $200 million per year. USTAR’s assistance is helping Ogwa capture an increasing market share.
“Without USTAR, we’d still be in our garage trying to figure out how to find funding. I don’t know how we could have found, let alone afford the kind of business acumen that USTAR provides.” - Toby Hazelbaker, Ogwa
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