Please describe your proposed solution.
Cardano’s philosophy is well rooted in research. Black and PhD is a network of black PhD students globally, with 1000 members on Instagram already.
There are thousands of talented PhD students globally who are great researchers! Project Catalyst is a great opportunity for them to collaborate and cultivate business ideas.
Our solution is to do a writing retreat where Black PhD students and Postdocs work on their research project 20% of the time but 80% of the time will be spent collaborating on a Cardano related idea which they will submit in the next Project Catalyst round (fund 10). The writing retreat will be structured accordingly with well-being breaks in between.
Writing retreats have a similar feel to hackathons but normally working on a research project which is perfect for Project Catalyst proposals. The two proposers actually met at a writing retreat a few years ago when they were doing their PhD’s.
Please describe how your proposed solution will address the Challenge that you have submitted it in.
Black entrepreneurs get less business funding then their counterparts so this gives the Black students a literal safe place and environment to thrive and work on business ideas together ready to submit in the next round. Part of the writing retreat will include educational sessions on Cardano and Project Catalyst and we will run the writing retreat using a hybrid model for those Black PhD students not based in the UK.
This is perfect as it will be a clear measure for “Number of proposals that participated in the next fund” and we will also make clear during the writing retreats that their ideas can be supported by interested engineers in the ecosystem (Number of proposals that could be collaborated with other engineers)
What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?
The main risk anticipated is a ‘good’ risk, we may have a lot more applicants than spaces so to mitigate this risk, we can other those who don’t get a funded place to self-fund and/or see if their universities can assist.