List all the funding sources that are required for the sustainability of this solution
Private sector participation in the business plan competition. Example a polluting Bus company and the local government of a town will finance and organize the business plan competition and a winning business plan of an SME will be chosen. The plan will be surely help both the Bus company reduce its pollution and help the customers and government win a solution for all.
Demonstrate how your proposed solution has the capacity to graduate from dependence on public finance. What is the time frame?
The business plan competitions will eventually be financed by the SMEs that won the competitions. Until a time will come that public finance will no longer be necessary to finance the business plan competitions and be purely a private endeavor.
Demonstrate how your proposed solution will survive a potential loss of its largest private funding source
The solution will be financed jointly by the government and the private sector therefore the risk is jointly shared by the public and the private sector. The private sector will have limited loss and could easily survive this loss. Also the risk was studied through a competition and has very little chance of failing except if the judges of the competitions were incompetent.
Please tell us what kind of partnerships, if any, could be critical to the greater success and sustainability of your innovation
If our solution was chosen we will become the worlds biggest organizer of business plan competitions. We could therefore identify a business solution to every problem being encountered by the SME. The partnership we need is a partnership of mutual trust between investors and local governments.
Are there non-financial issues that could threaten the sustainability of your proposed solution?
Government stability is an issue that could threaten the solution.
Please tell us if your proposed solution aims to scale up through a high growth sector, expand immediately to multiple sectors, and/or scale up geographically
The business plan competitions will begin in small towns then later on it will be provincial wide and later nationwide and later regional and up to trans continental and global level.