List all the funding sources that are required for the sustainability of this solution
Our project was launched this year with a fund from one of Egypt’s leader companies CSR budget and sustainability will be maintained by marketing the idea and attracting more funds from other companies and international and regional AID organizations
Demonstrate how your proposed solution has the capacity to graduate from dependence on public finance. What is the time frame?
Our solution doesn’t depend on public finance
Demonstrate how your proposed solution will survive a potential loss of its largest private funding source
Our solution will survive based on the revolving funds from beneficiaries that will be used to fund new projects but that will limit the growth rate.
Please tell us what kind of partnerships, if any, could be critical to the greater success and sustainability of your innovation
Partnering with large corporations would help in the sustainability of our solution if those corporations were encouraged to help smaller SMEs as part of their social responsibility. Partnering with professional service companies will help us in mentoring the projects and connecting them to real markets and external markets.
Are there non-financial issues that could threaten the sustainability of your proposed 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
Our project has started in multiple sectors within the 2 main cities in Egypt and our aim is to be able to cover all Egypt. On the other hand, our aim is to raise the ceiling of funds to be able to help firms with higher capitals. That will help us to have real impact on a larger economical scale.