Dear Board Members and Stakeholders,
Nexovate BPO respectfully requests funding to complete our establishment and proceed with an immediate market launch. We are building a lean, scalable BPO operation based in the Philippines to serve English-speaking markets, including the United States, United Kingdom, Canada, and Australia.
We are requesting:
- ₱594,349 for one-time setup costs (technology, compliance, and equipment).
- ₱75,000 for initial monthly operating costs and payroll for the core team.
Demand for cost-effective, high-quality BPO services remains strong, and speed to execution is important for securing clients currently in the pipeline. Delays may result in lost lead opportunities and missed near-term revenue from onboarding.
Upon funding approval, Nexovate BPO will follow this rollout plan:
- Days 1–10: Team assembly and infrastructure setup.
- Days 11–30: Client acquisition and onboarding to begin revenue generation.
- Month 3–6: Target break-even and positive cash flow.
We have included the supporting documents referenced in the original request (budget breakdown, projections, market research summary, and operational timeline).
Thank you for your time and consideration. Please let us know a convenient time to discuss this request and next steps.
Respectfully submitted,