My business is going to give people in MI and the surrounding states a new tourist hobby. This business is going to allow anyone and everyone (infants, elderly, people with disabilities) to come and ride on top of the railroad in Tecumseh MI. There is nothing like this in the state of MI or any surrounding state. The coolest thing is that people will be able to see the scenery of a railroad without having to trespass. The bikes are 4 wheel bikes that are specialized for railroads only. I believe my business will bring people from all over Michigan and the surrounding states to the area. I also think this company will bring communities and families together. Liability has been a huge concern when planning this business, but I have gotten approval from the railroad and have gotten insurance. Safety is our number 1 priority here at Wheels on Rails, so there will be seatbelts, helmets, and tour guides. We will be starting at a winery and ending at the same winery. This is a 1 hour trip.
I think families, biking enthusiasts, people who love the railroad industry, and small businesses in will benefit the most from my business startup. Not everyone can ride a normal bike out on the trails for many reasons. With my business, only one/two people have to pedal per bike which makes it fun for families. Since people will be traveling from all over Michigan and the surrounding states, this business will benefit the other small businesses in the area by introducing new clientele.
What I Will Do With $5,000
This grant will solely go towards purchasing these bikes. Each bike costs 3,300 dollars and I am planning on ordering 7 bikes to begin operations and to break even. These bikes are manufactured out of Colorado and take months to build. Being a 20 year old college student, it makes it hard to go to a bank and take out a loan. I am seeking as many grant and scholarship money as much as I can. I am hoping to begin operations in May of 2022. I am investing all of my income in it as well.