Team 4 – ThermaThrone

Presentation Team

HubLab Teams
Each team at HubLab will consist of six young entrepreneurs, one from each participating country—Romania, Bulgaria, Greece, Cyprus, Poland, and Latvia. These teams have collaborated throughout the program, combining their diverse perspectives to develop innovative business ideas. The final teams have officially pitched their business idea on 23 September, in Iasi

Details Team

ThermaThrone: Sustainable Comfort with a Green Energy Twist

Business Overview

  • Business Name: ThermaThrone
  • Concept: An innovative chair that combines comfort and sustainability by generating green energy from body heat, enabling users to charge their devices while seated.
  • Tagline: Now everybody can be a king!

 

Problem Statement

  • Identified Issues:
    • Insufficient green energy sources.
    • Lack of comfortable seating solutions.
    • Limited spaces to charge devices in public areas.
    • High energy costs affecting businesses and individuals.

Solution

  • ThermaThrone’s Offering:
    • A comfortable chair designed to generate energy from body heat.
    • Key Features:
      • Provides a convenient way to charge devices.
      • Introduces another green energy source to everyday life.
      • Enhances user experience with ergonomic seating.

Business Model

  • Revenue Streams:
    • Sales Model:
      • Cost per Chair: €70-€90 (Initial phase, due to R&D costs).
      • Selling Price: €79-€99 per chair.
    • B2B Approach: Focus on businesses such as offices, universities, cafes, restaurants, and shopping malls.
    • Renting Option: Offer businesses the ability to rent chairs for flexible periods.

 

Market Opportunity

  • Target Clients:
    • Offices, universities, cafes, restaurants, and shopping malls.
    • Businesses and public spaces that prioritize innovation and sustainability.

 

Marketing and Sales Strategy

  • How to Reach Customers:
    • Direct Contact: Outreach to potential businesses.
    • Social Media Campaigns: Leverage platforms to showcase the product.
    • In-Person Demonstrations: Present the chair directly to potential clients, showcasing its unique features.

 

Traction and Goals

  • Traction:
    • Conducted surveys to validate the idea and gauge customer interest.
    • Built initial marketing and social media accounts to raise awareness.
    • Identified key potential clients in multiple sectors.
  • Future Goals:
    • Reduce production costs through optimized marketing, design, and engineering processes.
    • Expand market share by enhancing product accessibility and features.

 

Investment Needs

  • Funding Required: €45,000
    • Purpose:
      • Research and development (R&D).
      • Prototype creation and testing.
      • Marketing and customer acquisition.

 

Team Members

 

 

  • Core Team:
    • Antonia Miteva
    • Laura Catargiu
    • Panagiotis Koutsogiannis
    • Rafael Panayi
    • Zofia Gontar
  • Leaders:
    • Ivana Likova
    • Peter Olszewski

Thank You!

  • Contact Information:
    • Social media and website information to be added upon final development stages.

Video