Startup Name	Magaza	Incubated Name	test6
Company Name	test6	Date of Joining	10/16/2019
Description	E-commerce platform for handcrafted and local high quality goods.	Completed first Year?	yes
Completed second year?	no	Extented no of Month after second year	0
Access IP services?	no	Access legal / accounting consultations?	yes
Number of customers/clients that validate value proposition	36	Target number of customes/clients	8
Milestone 1 achieved?	4.50	Developed and tested MVP?	yes
Milestone 2 achieved?	1	Completed go-to-market plan?	yes
Milestone 3 achieved?	1	Registered business?	yes
Milestone 4 achieved?	1	Live access of solution is made available?	no
Milestone 5 achieved?	0	Percentage increase in customers/clients MoM	0.0
Target % increase in customers MoM	9	Milestone 6 achieved?	0
Total Number of Full / Part Time Employees hired in Current Month?	2	Total Number of Freelancers/ Contracters hired in Current Month?	0
Total Number of Full / Part Time Employees hired in Year1	2	Total Number of Freelancers/ Contracters hired in Year1	0
Target People Hired in First Year	15	Milestone 7 achieved?	0.13
Percentage MoM growth in revenue	0	Target % MoM growth in revenue	20
Milestone 8 achieved?	0	Validated business model?	no
Milestone 9 achieved?	0	Completed valuation exercise?	yes
Milestone 10 achieved?	1	Amount of seed capital raised for product and operations expansion	270000
Target seed capital	10	Milestone 11 achieved?	27000.00
Number of Year 1 milestones achieved	7	Percentage of achievement of first year milestones	1.00
Number of Year 2 milestones achieved		Percentage of achievement of second year milestones	6750.25
Percentage achievement of all milestones	6751	Starting Year	2019
Starting Month	01	Starting Revenue	0
Starting # of customers/clients	0	Revenue made this month	2908
Customers/clients gained this month	10	Ending Year	2019
Ending Month	2	Ending Revenue	0
Ending # of customers/clients	10	Percentage MoM growth in revenue	0
Percentage MoM growth in customers/clients	0	Amount of Funding Approved	519000
Amount of Funding Received	0	Date of Funding Received	01/05/2018
Type of Funding Received	Grant	Funding Entity	*QSTP - PDF