What solution(s) does your initiative address to help emerging entrepreneurs and small businesses grow and thrive in underserved communities? (select all applicable)
Access to financing, Access to talent, Access to supply chains, Access to technology, Access to economic opportunity, Policy change/advocacy.
What has been the impact of your solution to date?
As it is as of yet an idea the impact is mostly intangible. For reference I can merely point to the fact that I have met with delegates from Zimbabwe who expressed an interest in the work of Room to Read and put them in touch with its founder Mr. John Woods and would reccomend you distinguished gentlepeople speak with him.
What is your projected impact over the next 1-3 years?
Rapid development of midsized non-profits such as the United Way, Big Brother/Big Sister, and Make A Wish. It will not immediately benefit organizations such as the Red Cross or Habitat for Humanity which aree allready operating globally.
What barriers might hinder the success of your project? How do you plan to overcome them?
Barriers most likely to hinder development are bureacracy and policy among the various regional trade agencies and local governments. Convinceing them of the merit of the organization would be tantamount to a successful implementation.
Winning entries present a strong plan for how they will achieve and track growth. Identify your six-month milestone for growing your impact
Now think bigger! Identify your 12-month impact milestone
Developing a first comprehensive market entry strategy.