What is the benefit or value you're creating for your business?
Mentoring creators and ensuring that they have the right skills and knowledge of how to go about being entrepreneurs.The core team volunteers this and it's a way of giving back to society through use of our skills
Enlightenment by showcasing the best projects/ideas ultimately inspiring young, upcoming artistes in Africa.
A focal point where Investors can get a portfolio of great African talent and hopeful fund these exceptional ideas
Affiliation of putting African Creativity on the map and give it the reputation and status it deserves.
How are you leveraging internal resources (funds, time, knowledge, etc.) to support this initiative?
Currently I am assuming different roles ie. Marketer, designer, manager and resource seeker for Locolize. Also collaborating and networking with Afritorial, Africandigitalarts, Safaricom and other African creative partners in harnessing my platform to a larger audience. Dedicate roughly 3-4 hours a day just following up on what needs to be done on Locolize. I have put in place legal requirements, website domain (website is underway), a blog and using my social media network to broadcast my platform.
For financing, I am using my own money and doing small graphic jobs for people to raise funds that I put back into the expenses incurred during this set-up phase. Also I am collecting a database of potential ‘LocoCreators’.
Expand on your answer, explaining the long-term funding and support plan.
So far the portal and domain is in progress but the CrowdFunding platform is yet to be integrated. Coding for this platform is fundamental, complex and is costly.For Locolize to have a successful of launch this platform needs to be in place. 30% of the funds will go into completion of the website.
50% of the funds goes to Locolize’s strategy where the first 30 projects that will be placed on the portal get a 50% funding each, from Locolize. This will not only boost the morale of the LocoCreators who would have ‘pioneered’ but also facilitate ‘hits’ and potential funders to also recognize our platform.
The rest of the 20% of the funds will go into website maintenance, iMac station, software & backups, stationary, financial books, legal consultation, meetings with potential clients
Tell us about your partnerships across your company and externally that are key to your project's success.
Creative Gurus are fundamental to my platform. Still seeking the right team to champion the judging and mentorship forums
PesaPal - Transaction partner whom im negotiating a minimum price on fees charged to LocoCreators
MPesa - Integration that will make it possible for anyone to easily give as little as 5 shillings to fund any LocoCreators
AfricanDigitalArts & Afrotorial, Scanad - These are creative partners whom I can leverage my business and tap into their networks
What internal support have you gotten for your project? What kind of push-back have you received?
Creative networks & contact sharing - most of my friends are giving me ‘leads’ of gurus in the entrepreneurship industry and potential LocoCreators. Have a database of over 70 creatives. The team member is volunteering to critic logo design, visuals & branding elements that will be suitable and appropriate for the brand. Legal is being done pro-bono by a friend, she shall invoice later. Mpesa/PesaPal is willing to come on board and have sent costs & plans of their model