Audience: Who have you identified as your customer/recipient groups and do these groups value your solution for different reasons? How do you engage different customer/recipient groups to deliver your solution?
Coins for Capital shall recruit young people within the ages of 15 to 35 who are currently in the university with the ambitions of starting a business after the completion. These group value the solution because about 90% of our clients recruited fulfilled our criterion which is interest to start a business 2) must have a business idea or be prepared to conserve an idea 3) tenacity to save. We intend to engage other people through 1. capacity building trainings 2. Stakeholders’ updates 3. Data analysis.
Scaling the solution: How would the prize money and publicity help you to achieve your objectives over the next two years?
The prize money would enable the business to expand from its current status to its intended reach. Most importantly the prize money would also enable the business to acquire its resources for effective execution of its plans. The publicity would also help the business to gain credibility. Publicity will help in creating awareness about core values of the business. We believe that Issues that are of general public interest should not be kept as secret. The publicity would also enable the business to put its information about how to help the populace in the public domain.
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered
In 2010 I led an Enactus team formerly Sife to draft a five year business development plan for a community who were farmers and fisher folks.
We introduced a new way of using green house technology in their farming which increased their crop productivity by 70%.
In 2012 I gain lead the same team to embark on another entrepreneurial project known as business in Prison. A Project that trained prisoners to make money while in Prison.
Are you are eligible to attend the Accelerator event in Cambridge and subsequent events in London, UK in January, 2015?