Cognichoice Crowdfunding Budget

We are crowdfunding Cognichoice – The App That Helps People Change – on Health Tech Hatch!

This is donation-based/contribution-based startup crowdfunding.  Our budget is a work-in-progress and we’re glad to share our process with you. 

When – not if! – we meet our goal, here’s how we plan to allocate funds:

Item

Cost (US$)

Software development, 500
  hours@ $100 per hour

50,000

IT services (customer
  tech support, etc.), 50 hours @ $50 per hour

2500

Rackspace Cloud Servers

500

UX professional, 50 hours
  @ $100 per hour

5,000

VIP trip package for two

$600 – 2 nights lodging
  for 2 at Inn at Virginia Tech

$2000 – 2 round trip
  economy airfare tickets from any location in continental U.S.

$1540 – Meals

Day 1: Arrival dinner,
  party of 12 at 622 North, $100 each = $1200

Day 2: Day of
  meetings:  Breakfast, lunch, dinner, $20, $50, $100 = $170

Day 3: Day of
  meetings:  Breakfast, lunch, departure dinner, $20,  $50, $100 =
  $170

4,140

Cognichoice
  Crowdfunding Celebration Party, Bull & Bones, 1 free beverage ticket
  to first 100 to arrive, $5 each

500

Cognichoice
  Crowdfunding Celebration Party, 100 extra beverage tickets as rewards
  for entrepreneurs who donate, $5 each

500

Cognichoice logo-imprinted
  premium quality t-shirt, $30 each includes item, taxes, imprint,
  handling and U.S. shipping. 

Thank you reward for $400
  donation (autographed by co-founders)

Provided by Eleven West: http://elevenwest.com

0

Cognichoice
  logo-imprinted premium quality mug, white with black interior, $40 each
  includes item, taxes, imprint, handling and U.S. shipping.

Thank you reward for $100 donation.

Provided by Eleven West: http://elevenwest.com

0

3% credit/debit transaction fees

 

5% Health Tech Hatch fee
  (9% if funding goal not met)

 

Total Funding Budget

66,297 (est)

We invite you to join the crowd!

Cognichoice – The App That Helps People Change

Want to try Cognichoice (TM) for yourself?  You can!

Register here.

You’ll need an email address to register and you’ll receive an activation email. Be sure to check your spam folder if you don’t receive the email in your inbox.

Please tell us what you think! We welcome your feedback

Watch our Cognichoice crowdfunding video on YouTube: http://youtu.be/FLLrFQoxpac

Follow our crowdfunding story as it unfolds in the Cognichoice category on Handshake 2.0.

Questions?  Contact Cognichoice co-founder Anne Giles Clelland, anne@handshake20.com, 540-808-6334.

Software Tester
Parametric Holiday Greetings from Coldwell Banker, Townside, Realtors

Budget

Item

Cost (US$)

Software development, 2000
  hours @ $25 per hour

50,000

IT services (including customer
  tech support), 100 hours @ $25 per hour

2500

Servers

500

UX professional, 50 hours @
  $100 per hour

5,000

VIP trip package for two

$600 – 2 nights lodging for 2 at
  Inn at Virginia Tech

$2000 – 2 round trip economy airfare
  tickets from any location in continental U.S.

$1540 – Meals

Day 1: Arrival dinner, party of
  12 at 622 North, $100 each = $1200

Day 2: Day of meetings:  Breakfast, lunch, dinner, $20, $50, $100 =
  $170

Day 3: Day of meetings:  Breakfast, lunch, departure dinner, $20,
  $50, $100 = $170

4,140

Cognichoice Crowdfunding
  Celebration Party, Bull & Bones, 1 free beverage ticket to 1st
  100 to arrive, $5 each

500

Cognichoice Crowdfunding
  Celebration Party, 100 extra beverage tickets as rewards for entrepreneurs
  who donate, $5 each

500

Platinum level Cognichoice
  logo-imprinted item for $100 donation, $55 cost includes shipping to U.S.
  destination

0

Gold level Cognichoice
  logo-imprinted item for $75 donation, $35 cost includes shipping to U.S.
  destination

0

Silver level Cognichoice
  logo-imprinted item for $50 donation, $20 cost includes shipping to U.S.
  destination

0

Bronze Cognichoice
  logo-imprinted item for $25 donation, $10 cost includes shipping to U.S.
  destination

0

Total

63,140

5% of 63,140 Hatch fee to
  Health Tech Hatch

3157

Total Funding Budget

66,297

Cognichoice Crowdfunding Budget
Parametric Holiday Greetings from Coldwell Banker, Townside, Realtors

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