uspaacc webinar: innovation next door 7/7/15 · thai greek ethiopian price: $11-$14 / entree...

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USPAACC Webinar: Innovation Next Door 7/7/15 -Noobtsaa Philip Vang: Founder / CEO -

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Page 1: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

USPAACC Webinar: Innovation Next Door 7/7/15 -Noobtsaa Philip Vang: Founder / CEO -

Page 2: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

About Me

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Page 3: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

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Page 4: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

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Page 5: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Foodhini Mission

Foodhini, a for profit social enterprise, is focused on creating sustainable income generation opportunities for marginalized immigrant communities through food commerce. Foodhini provides a platform for independent immigrant home chefs to leverage their existing culinary skills to cook and sell ready to eat authentic home cooked style ethnic meals direct to customers.

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Page 6: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Original Concept – Uber Model for Ethnic Food

Peruvian

Turkish

Ethiopian Mexican Columbian

Moroccan

Hmong

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Page 7: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Testing Out the Concept/Idea

Interview Potential Customer

Interview Potential Partners

Meet with Subject Matter Experts / Entrepreneurs

November/December 2014

January – March 2015

April 2015

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Page 8: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Market Opportunity

https://www.technomic.com/Reports_and_Newsletters/Industry_Reports/dyn_PubLoad.php?pID=114; http://cis.org/u6-unemployment-q2-2013; http://cis.org/node/3876#attainment http://www.bls.gov/news.release/cesan.nr0.htm; http://www.ppic.org/content/pubs/jtf/JTF_ImmigrantsEducationJTF.pdf; https://blogs.technomic.com/ethnic-menu-opportunities/

41.4 Million Consumers Desire Ethnic Foods Not Offered on Menus

41.4 Million x $2,625 = $108,000,000,000

Early Adopter Target Customer: • 25-35 years of age • Consume Ethnic Food 1+ times per week • Earn over $50,000 annual gross income • Live in Urban Metropolitan Areas • Desires ethnic foods not available in restaurants

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Page 9: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Solution

Central Kitchen

Thai

Ethiopian Greek

Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly

Partners: Grub Hub Placement: Central Kitchens located near key neighborhoods

Korean Ghanaian

Mexican

Turkish Chinese

Indian

Moroccan

Kim – Thai Home Chef Grace - Consumer

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Page 10: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Meals to Go Dining Experience

Gourmet Professional Chefs

Home Chefs Foodhini Where the World’s Cuisine Meets You

Competitive Analysis

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Page 11: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Recent Progress

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Ideas Marketplace Pitch Competition: 6/4/15

Foodhini Taste Test: 7/3/15

Page 12: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Next Steps

Partnership Development with Ethnic Communities

Menu Development

Secure Temporary Kitchen

25 meals/week Served

150 meals/day Served

350 meals / day Served

Year 2 Year 1 Underway 1 Month 2 Months

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End to End Beta Tests

Page 13: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Team Noobtsaa Philip Vang – Founder/Chief Executive Officer

• M.B.A, Georgetown University 2016 • 3M Company, General Mills • B.S. Mechanical Engineering - University of Minnesota

Christopher Foss – Business Development Consultant

• M.B.A & M.S. Global Politics Georgetown University 2016 • Business Development Car Keys Indonesia, Founder Typhoon Haiyan Relief Fund • B.A. English Literature and Writing – Kalamazoo College

Pavithra Raj – Legal Consultant

• M.B.A, Georgetown University 2016 • Law offices of Daniel Consuegra, FTI Consulting • J.D. - Nova Southeastern University; B.A. English/International Studies -

University of Miami

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Page 14: USPAACC Webinar: Innovation Next Door 7/7/15 · Thai Greek Ethiopian Price: $11-$14 / Entree Product: 10-12 different cuisines per day,1-2 entrees per chef, menu changes weekly Partners:

Thank You

-Q & A-

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