In this story
Introduction:
Aqua Prima, an innovative wellness center focused on holistic spa experiences, partnered with ClimateDoor to secure essential funding, establish strategic partnerships, and drive market expansion. Through grant support and collaboration with Indigenous communities, ClimateDoor helped Aqua Prima strengthen its foundation and prepare for growth in Canada’s wellness sector.
Goal/Opportunity:
To raise capital for Aqua Prima’s expansion and to build strategic partnerships, enabling the company to establish its wellness model while promoting sustainable and community-centered growth.
Challenge:
Aqua Prima sought to expand its service offerings and establish itself as a leader in wellness in Calgary. To do this effectively, they required grant funding, partnership development, and strategic market analysis to position themselves competitively and attract customers.
Solution:
1. Grant Funding: Secured $280,000 in grants from national sources to support business growth and market development.
2. Market Entry Research: Conducted comprehensive research to assess market potential and demand, laying the groundwork for expansion in Canada.
3. First Nations Partnership: Developed a joint venture (JV) with a local First Nation, reinforcing Aqua Prima’s community engagement and establishing a shared business model.
Execution and Metrics:
• Funding Secured: $280,000 through national and market development grants
• Market Development: Conducted detailed market research to inform Aqua Prima’s entry strategy
• Community Impact: Established joint venture agreement with a First Nation
Results:
• Revenue Potential: Strong foundation for increased market engagement
• Strategic Partnerships: Strengthened local ties through Indigenous partnership
• Operational Readiness: Enhanced ability to expand service offerings with additional capital
Conclusion:
ClimateDoor’s strategic approach to Aqua Prima’s capital and partnership development has prepared the company for sustainable growth and market entry. By securing grant funding, developing strategic partnerships, and conducting market research, Aqua Prima is now well-positioned to establish itself as a leading wellness center in Calgary, with a focus on community engagement and environmental responsibility.