Please describe your proposed solution.
Country Context
The recent measures to reactivate the national economy and particularly the support for entrepreneurship promoted by the Venezuelan national executive that allows a legal framework that consolidates new and existing businesses, as well as the generation of employment and improvement of the climate to make viable company in the country is an important advance.
The growing boom in information technologies and accessibility to knowledge requires discipline in its exercise and dissemination, so that its applicability develops in a favorable environment, which values and promotes innovation in terms of services and products oriented to real needs. in people's lives and constantly improving.
That is why there is a great opportunity to develop a community and ecosystem in Venezuela with the Cardano platform, since national companies and industries do not know or have very little use and benefits of the services and products generated by the Cardano platform.
In this sense, the project that is presented is aimed at empowering undergraduate and graduate students from universities that live in the city of Caracas, Venezuela, through the creation and consolidation of the Blockchain Technology Base Incubator. Cardano that will offer them training, mentoring and financial support to start their digital ventures using the Cardano platform based on the development of their digital economy proposals in their different lines of work.
Within this framework, the student entrepreneurs trained and consolidated by the Incubator could support and increase with the use of the aforementioned platform offering its services and products with Cardano's blockchain technology that can improve business processes and thus consolidate and increase more followers and create a national digital economy with disruptive technologies and decentralized finance based on Cardano.
Solution proposals
The project's main objective is to offer a space for training, mentoring and consolidation for the ventures of undergraduate and postgraduate students from Venezuelan universities, which will be supported by the Blockchain Cardano Technology-Based Incubator for the development and consolidation of the same.
Description of the Solutions
Milestone 1- Creation and consolidation of Cardano Blockchain Technology-Based Incubator
The creation and start-up of the incubator will be established with the support of FUNINTEC to allow its legal operation in Venezuela and internationally. In this way, time and conformation and consolidation processes are saved, as well as the academic certification of the training. The incubator will have a virtual modality for greater reach and access of the participants in the training and tutoring processes with face-to-face events in spaces that will be contracted for this purpose.
Milestone 2- Training of Mentors and Student Entrepreneurs
Provide necessary training to mentors and entrepreneurs in two phases; the first that allows them to improve their skills in business management, quality, productivity and competitiveness. The second phase is training in the areas of Cardano blockchain technology that guides them towards a sustained growth of its technology-based ventures and their consolidation. This initial phase will be carried out using the technological platform that will be created and implemented for hybrid and online training as well as in person. It is important to indicate that the translations of the documents and videos that are necessary in the training of Cardano technology in Spanish will be carried out so that the information and knowledge transfer is more effective and reaches the participants.
Phase 1: Basic knowledge to entrepreneurs
- Transfer of basic knowledge to entrepreneurs (Total: 8 academic hours):
- Construction of the entrepreneurial profile (2 academic hours)
- Strategic plan of the entrepreneur (2 academic hours)
- Business Plan The road to success (8 academic hours)
- Transfer of management knowledge to entrepreneurs (16 academic hours)
- Administrative management (4 academic hours)
- Accounting and financial management (4 academic hours)
- Fiscal and parafiscal framework (4 academic hours))
- Marketing (4 academic hours)
Total Academic hours : 24
Phase 2: Cardano blockchain technology Web 3
- General Aspects of the Digital Economy and the Blockchain (2 academic hours)
- Characteristics and how the Cardano Blockchain works (2 academic hours)
- Overview of Crypto currencies and Wallets (4 academic hours)
- Decentralized applications (DApps) (4 academic hours)
- Types of Cardano crypto assets and their use : NFT's and more (4 academic hours)
- What is a smart contract? (4 academic hours)
- How to participate in Cardano ecosystem (2 academic hours)
Total Academic hours : 24
Milestone 3- Mentorship of Entrepreneurial Students
Facilitate the insertion of national mentoring capacities to the processes of competitive improvement of entrepreneurs and ventures in the target population for the formulation of entrepreneurship projects. For this objective, a team of 20 mentors will be formed and created.
Target population
The target population to be included is based on undergraduate and graduate university students from FUNINTEC as project pilots. In this sense, twenty professors and professionals will be trained as teachers and mentors, in gender equality, in Cardano technology and mentoring of entrepreneurship projects and, additionally, the goal will be the formation of 100 undergraduate and postgraduate students, which gives a total of 114 participants in the project who will be replicators for the next mentors of the new generations of participants in the entrepreneurship projects.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
The approach to the solution of the proposal is based on objective 2 of the challenge that indicates the following; Activities to encourage students who propose Catalyst and blockchain engineers, which in a process of training and training in the areas of entrepreneurship and Cardano blockchain technology to students who are part of the FUNINTEC enrollment as the first impulse where There is a base of 100 students and that they achieve, with the support of the incubator, the concretion and consolidation of entrepreneurship projects linked to Cardano Blockchain Technology. In this sense, the following ways of approaching the solution and expected benefits are proposed, which are:
1- Empower and encourage student entrepreneurship
The proposal through the training and training of the participants of the venture and the Cardano blockchain technology will allow them to have the knowledge and application in its enterpernuships
2- The opportunity gap and student access
The purpose of the proposed solution is for students to have access to knowledge and initial funds to be able to develop and launch their entrepreneurial projects. At this point, it is our proposal that the gender issue be as egalitarian as possible so that they can benefit from the possibilities that Cardano's blockchain technology
3- Support for entrepreneurs in the Incubator
In order to be able to have funds to be able to offer them to entrepreneurship projects that are more viable and add value for companies, the development of easier and faster processes is planned to offer them to viable entrepreneurship projects for their consolidation and support. through the incubator
The benefits for the Cardano ecosystem are as follows:
a- Increase the entrepreneurial potential of undergraduate and postgraduate students with the training and mentoring of Cardano Blockchain technology
b- Incorporate the population in the use of Cardano Blockchain technology in ventures
c- Offer greater inclusion and decrease the gaps of young people by sex, gender or ethnicity in Venezuela
d- Create a space for the development of networks for the generation of knowledge and collective learning with the community that promotes innovation within disruptive technologies
e- Promote the creation of Clusters with entrepreneurs that allow the generation of synergies between the different forms of disruptive technologies with the use of the Cardano platform.
f- Greater growth of the Cardano ecosystem in Venezuela with the adoption and use of Cardano cryptocurrencies in the national economic system that allows greater competitiveness.
How do you intend to measure the success of your project?
The metric that will indicate the success of the project is based on the KPIs indicated in the section for this purpose and that are associated with the objectives and goals set out as follows
Milestone 1- Creation and consolidation of Cardano Blockchain Technology-Based Incubator
• Creation of the virtual space on the FUNINTEC website.
• Number of student registrations to participate in the training and tutoring program of the universities.
• Number of ventures registered and being monitored
Milestone 2- Education and Training of Entrepreneurial Students
• Number of facilitators hired and incorporated
• Number of students trained and trained in entrepreneurship with Cardano's blockchain technology.
• Number of female students trained and trained in entrepreneurship with Cardano's Blockchain technology
• Number of male students trained and trained in entrepreneurship with Cardano's Blockchain technology
Milestone 3- Mentorship of Entrepreneurial Students
• Number of mentors incorporated into the projects generated by the student entrepreneurs.
• Number of students with Blockchain Cardano technology-based ventures being launched
• Number of ventures generated with Cardano blockchain technology
• Number of ventures approved to receive support in their consolidation within the incubator.
• Number of clusters of entrepreneurs created and approved
The goals set to meet the success indicators are the following:
1- Agreement and work agreement with FUNINTEC to support the legal framework for the creation of the incubator
2- Incorporation of seven facilitators and seven mentors to be hired for the development of academic activities and tutoring of entrepreneurs' projects
3- Incorporation of one hundred undergraduate and postgraduate students
4- Development and implementation of one hundred entrepreneurships of the students who have managed to complete the phases
Please describe your plans to share the outputs and results of your project?
The development and execution of Cardano Blockchain Technology-Based Incubator creation project has planned the vision of sharing through a technological platform for monitoring and control of the activities, objectives and goals during the execution of the project and that will be hosted on the FUNINTEC website. so that any interested party can review and see the status and scope of it.
Additionally, the following actions are proposed:
1- Documentation and monthly reports that give an account of the situation and progress of the project
2- Creation of social networks to keep the community and students informed of the activities and achievements
3- Specific face-to-face and virtual events to offer spaces for consultation and general information
4- Creation of a space for the technological platform that offers information and summary reports on the progress of the project