The concept:

Our NOQ app allows people to enjoy the moment by reducing the time spent queuing at events. Long queues, as well as cash only transactions for food and drinks are the two most significant issues faced within the industry. The NOQ 'click and collect' app helps to eliminate this problem.

How we will make money:

Short term:

NOQ charges its users a 10% service fee in order to skip queuing for food and drinks at events. Other benefits to the users include the ability to make cashless purchases and spend tracking at an event. If you are craving something or have strict dietary needs, the app allows you to find your perfect vendor.

The NOQ app is a marketplace connecting the vendors to their customers. The vendors initially pay a zero-service fee, however after the brand is established, we are planning on introducing a 15% vendor fee to have their items sold through our platform.

Long term:

As we begin to increase users and generate orders, user profiling and data colle...
The concept:

Our NOQ app allows people to enjoy the moment by reducing the time spent queuing at events. Long queues, as well as cash only transactions for food and drinks are the two most significant issues faced within the industry. The NOQ 'click and collect' app helps to eliminate this problem.

How we will make money:

Short term:

NOQ charges its users a 10% service fee in order to skip queuing for food and drinks at events. Other benefits to the users include the ability to make cashless purchases and spend tracking at an event. If you are craving something or have strict dietary needs, the app allows you to find your perfect vendor.

The NOQ app is a marketplace connecting the vendors to their customers. The vendors initially pay a zero-service fee, however after the brand is established, we are planning on introducing a 15% vendor fee to have their items sold through our platform.

Long term:

As we begin to increase users and generate orders, user profiling and data collection becomes a stronger asset. NOQ will be able to provide brands invaluable information on their consumer’s spend habits in order to aid their marketing strategy.
Furthermore, as traction and influence of NOQ increases, we can start to advertise events on our app, website and social media in order to generate ticket sales for the events. Advertising revenues can be even higher if we are able to provide targeted marketing. Through our user profiling and data analytics, we would be able to advertise more effectively on behalf of the events.

Our milestones achieved:

- MVP built
- Team created
- Technical partnership (Global Tech Company) formed
- Advisory Board formed
- Website and promo video created
- UK Trademark obtained
- SEIS advanced assurance applied
- Focus group feedback sessions held
- Minimum legal requirements completed
- Business plan and other investor documents created
- Independent valuation from expert obtained
- 3 Commercial Partnerships/Festivals at final stage of discussions (completion expected March 2020)
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Employees