The Big Why
In high severity crisis contexts traditional banking systems don’t work. This uses peer-to-peer money transfer funding to innovator while addressing a range of other innovation barriers such as mentorship & networking.
What will change?
Transformation of local innovation to international value – supporting economic & cultural/relational exchange that moves beyond traditional aid modalities.
What the idea involves
Sustainable model: 1) Digital app 2) connects small enterprises to similar entrepreneurs 3) connects entrepreneurs with global buyers & market intelligence 4) connects entrepreneurs with demand driven support 5) core costs generated via platform go into training & maintenance.
What would it take to deliver it?
Work with business associations. Diaspora networks. Existing networks of entrepreneurs. Explore financial transfer options. Risk management. Leveraging trust.
Where it stands and what's next?
Idea doesn’t exist. Lots of similar apps that we can learn from.
Opportunities to get involved
n/a