CeeVii offers individuals the opportunity to both earn and save money completing one-off jobs and services that they really enjoy doing.
The competition is only open to people between 18-34 years-old and resident in UK, Ireland, Sweden, Denmark or the Netherlands. Does this apply to you
Country of residence of entrepreneur
Tell us about your personal background. Why are you passionate about this issue? Making an idea a reality takes innovation, dedication and strong leadership. Do you have the necessary entrepreneurial skills to realize your vision?
I am a student at University of Bristol and I have decided to be the first to help students and the general community guarantee a flexible income since this is an issue I have identified in society.
About Your Organization
United Kingdom, BST, Bristol
Country where this project is creating social impact
United Kingdom, BST, Bristol
Is your organization a
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The Need: What problem are you trying to solve?
Students and the General Community are currently experiencing a big issue; many are unable to find flexible work doing what they love. Debt levels are rising and jobs are scarce as many countries in Europe experience recession. We are trying to solve unemployment, rising debts and make workers more happy doing what they love.
The Solution: What is your solution? Be specific!
CeeVii offers everyone the opportunity to both earn and save money by creating a profile on CeeVii. Members are able to complete one-off jobs and services that they have skills in. In return, members can earn an income way above minimum wage. On the flipside, members are able to get one-off jobs completed for way below professional prices completed by trusted, reviewed members.
The Model: Walk us through a specific example of how your solution makes a difference; include your primary activities
There are two members on CeeVii; Jack and Jill. Jack has an iPhone which he recently dropped and cracked the screen. Luckily, Jill not only has expertise in iPhone screen replacement but also is a trusted user with over 20 five-star (5/5) reviews. As a result, Jack pays Jill through CeeVii only £30 instead of paying £139 at the Apple Store, a saving of £109. Jack has saved a tidy sum and Jill have earnt a tidy sum for a job taking around 20 minutes maximum.
Jobs completed on CeeVii can be absolutely anything which is what makes CeeVii such a great idea.
The Marketplace: Who are your peers and competitors? Identify others also working to address the needs you are and what differentiates you from them. What challenges could these players pose to your success or growth?
We have two competitors currently but none of them do what CeeVii does. CeeVii is entirely unique.
Zaarly.com; a company specialising in providing people 'what they want, when they want it'. They are not aiming to save people money just to make life easier.
ThestudentJob is a company which specialises in jobs for students but not one-off jobs but rather temping jobs and graduate jobs which differentiates it from CeeVii.
However, none of these pose an immediate threat to CeeVii since both are not aiming for our niche and Zaarly is US-based with no plans for expansion.
Select the stage that best applies to your business
Operating for less than a year
This Entry is about (Issues)
What is the social impact you have had to date and how you measure it?
We are not yet trading but CeeVii will be a fully fledged Social Enterprise and non-profit in its first year of launch. We aim to improve the lives of students and the general community and will use all profits to create full community cohesion.
What barriers might hinder the success of your business? How do you plan to overcome them?
Our main worry is that the niche we have discovered is such a great niche and we feel that before long, others will begin to discover this. Therefore, we feel that in the future our biggest barrier to entry will be competition when others begin to realise the opportunities. But as with any industry, competition is healthy and it is the first to launch who has the best chance of success.
How does your model address financial, social, and environmental sustainability?
We have a number of revenue models for CeeVii and the mere fact that one of our target markets is students and education establishments presents us with the opportunity to earn revenue in many different methods.
Our revenue streams include a 5% portion of transactions completed on the website, advertising and sponsorship, research purposes and a premium service.
CeeVii will be non-profit and a full social enterprise in its first year of launch since all profits will be put back into CeeVii and enable us to help students and the general community as much as we possibly can.
CeeVii will be first launched within educational establishments
Awareness & learning
How do you see social entrepreneurship contributing to the improvement of developing countries?
For many developing countries, start-up capital is scarce or non-existent. In these countries, it is the community and those around them that help to make each other's lives better. Social entrepreneurship is essential in developing countries since instead of profiting a few individuals, a larger group of communities benefit.
Social entrepreneurship not only creates happier, thriving communities in developing countries but also has a distinct effect on other negative consequences (violence, crime etc) often causing communities to learn to respect one-another. If everyone is learning to co-exist together, people learn that there is not point harming the communities they live in.
What aspects of your stay in Uganda as part of the competition do you think you will find most challenging and rewarding?
Primarily, it will be an experience to see the world of entrepreurs outside a developed country such as the UK. How do entrepreneurs in developing countries tackle even more difficult barriers to entry to become successful.
I have lived in the UK all my life and learnt as a result that life is fair, however the same does not apply to all developing countries with dictators, controlling governments and a much larger income gap.
I think the most challenging aspect will be the adjustment to a community where individuals are able to survive on a fraction of what we have. I feel that the most rewarding feeling I will have is the feeling at the end of my time in Uganda when I come to realise that not everything I own in the UK is necessary but a large proportion is excessive and unnessary to live an equally happy life.