Scaling the Solution: How do you intend to scale your activities over the next two years (e.g., reach new markets, diversify solutions, etc.)? What will make this possible?
We a team of 10 persons are already creating an online shop for the lamps while creating partnerships with organisations in India, Bangladesh, Afghanistan and Pakistan to sell the lamps as well as train their communities to create the lamps using locally sourced and recycled materials. The prize money would help us purchase more materials that are being sent to recycling stations while fund the website and payment gateway which will enable the smooth and easy sale of the lamps. The publicity will help us get in touch with designers with whom we can collaborate to create better designed lamps and also us get in touch with 6 partners in Asia and Africa with whom we can expand the sale of the lamps and training while creating better designs.
Financial Sustainability: What is your business model to ensure financial sustainability?
Resources are secured through the sale of the lamps while the labour costs and creation costs are minimal as they are done by the communities themselves.Our model is save, acquire, create, sell and save. It is a full circle of saving which provides not only financial stability but ensures long term sustainability of the production of the lamps as well as the growth of lamp outreach through partners and networks with continuos production/recycling
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered.
Commonwealth Youth Award 2012 Excellence in Development, 25 Most Influential and Powerful Young Persons of the World 2012 for initiative titled Growin' Money : an eco-social enterprise providing employment for more than 5000 families and replanted over 20,000 Mangroves creating designer handicrafts from Mangroves. Ashoka Youth Venturer.
British Council, World Economic Forum, Commonwealth, Huffington Post, UNEP and UNICEF endorsed.