Please describe your proposed solution.

This is a similar proposal to one in Fund 10 Challenge setting. due to community efforts to Standardize the Challenge Categories.

The proposed solution is to have funded an incubation pool separate and independent from the Challenge setting. The fund would be directed by an independent panel of five community members. The members would vote and award grants to Proposals to kickstart Senior targeted projects.

The Senior Incubator project would solicit and target DApps and projects directly focused on the Senior market. Such Proposals could include: heath, insurance, financial, tax, legal, wills, adaptive tech, etc.

Please describe how your proposed solution will address the Challenge that you have submitted it in.

This meets the priorities of fund 9 in Organizing a group of people for the Cardano community.

It specifically addresses the DApps challenge statements of creating Dapps and Real life projects & Open source projects including: DeFi, Marketplaces, Social Media and more by soliciting and growing the Senior niche market.

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 of course is not getting funding. There is n mitigation that. The second major risk is if there are none or no qualified proposals and no awards are made. Mitigation would be to return the funds to the treasury.

Another Risk is to the Community and t hat would be should Proposals pass and get funded. While that would demonstrate the confidence of the community it would not be fair. Our mitigation strategy would be to return this funding back to the Treasury and keep the Challenge fund.

Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

Funding would set our calendar to the Fund 10 Challenge calendar where C4S would have a targeted Challenge. Similar to the current F9 Challenge setting of CardaShift. However, we would fund the Senior specific Challenge proposals with ADA, instead of a native token such as Clap.

Please provide a detailed budget breakdown.

The fund will be administered by five members of the community - four others and myself. The board of five would be similar to a combined Pa, VPA and CT. The budget suggests slightly more than CT rewards to compensate the additional time and work involved of $800 pp.

Budget

Administrators $800 X 5 = $ 4,000

Proposals @25K max = $221,000

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$225,000

Please provide details of the people who will work on the project.

The Project will be administered by myself and four members actively engaged in the Catalyst Community with experience as a CA, and either a VCA or a CT. I would suggest, since this is an attempt at an experiment in a different funding style that the board be as diverse, yet well seasoned in Catalyst. I suggest an After Town Hall meeting for discussion and and community vote.

If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

If funded here and not in F10 Challenge setting, I would return and would again Propose it both as a Challenge setting and a Category setting, if such category exists to find the will of the community.

Please describe what you will measure to track your project's progress, and how will you measure these?

The team will use a transparent Agile system to publish, market, measure and audit all aspects of this Proposal.

First will be the formation, from the community, of the administering team. This should be based on a reputational and Catalyst experience via community input.

Second will be the marketing of this ancillary seeding fund round. This will be a joint community effort to get the word out and be transparent.

Third will be a proposal period - similar to the current Catalyst system and a voting process for awarding funding.

All metrics will be based on a calendar that starts with funding and will run for two months.

What does success for this project look like?

Success looks like 9 plus projects focused on the 2 billion global Senior project being funded.

Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This is an entirely new Proposal from a team developing a Community Platform for the 2 billion global Senior Citizens.