not approved
Pop-up Network State BioCircular Economy Initiative
Current Project Status
Unfunded
Amount
Received
₳0
Amount
Requested
₳200,000
Percentage
Received
0.00%
Solution

Creating a two-week Circular Economy Investor Matching event, bringing together investors, funders, and changemakers to foster collaboration and drive investment. Provide Quest that educates

Problem

Addressing the lack of effective networking and investment opportunities for circular economy initiatives, hindering their development, R&D demand expansion for my niche field in energy transition.

Impact Alignment
Feasibility
Value for money

Team

2 members

Pop-up Network State BioCircular Economy Initiative

Please describe your proposed solution.

Creating a two-week Network state Circular Economy Investor Matching event, bringing together investors, funders, promoters, and changemakers to foster collaboration and drive investment in waste-to-energy, waste-to-material, and waste-to-textile projects. Get new users into circular economy within Cardano

Please define the positive impact your project will have on the wider Cardano community.

Increased investments in sustainable circular economy initiatives, fostering collaboration, and contributing to the overall growth and development of the Cardano ecosystem.Our team consists of experienced professionals in circular economy initiatives and event management. Feasibility will be validated through a thorough project planning process, including risk assessments and continuous monitoring.

What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

Our team consists of experienced professionals in circular economy initiatives and event management. Feasibility will be validated through a thorough project planning process, including risk assessments and continuous monitoring.

What are the key milestones you need to achieve in order to complete your project successfully?

Launch of Circular Economy Investor Matching Event

>Successful Networking and Investment Opportunities

>Creation of Educational Content

> Increased Investments and Collaboration

>final summary and report

Who is in the project team and what are their roles?

  • [Laurel Lau] - Project architect
  • [Team member 1 ] - Event Coordinator
  • [Team Member 2] - Marketing and Communications
  • [Team Member 3] - Finance and Budgeting

Please provide a cost breakdown of the proposed work and resources.

  1. Event Venue: ₳50,000Consider smaller or more cost-effective venues.
  2. Marketing and Promotion: ₳30,000Focus on digital marketing channels and community engagement.
  3. Educational Content Creation: ₳20,000Streamline content creation and possibly collaborate with volunteers.
  4. Team Salaries: ₳70,000Consider a reduced stipend or engage team members on a voluntary basis.
  5. Miscellaneous Expenses: ₳30,000Minimize non-essential expenses and prioritize key project needs.

How does the cost of the project represent value for money for the Cardano ecosystem?

Our project's budget allocation has been carefully considered to ensure optimal value for money within the constraints of the Cardano ecosystem. Here's a breakdown of how the costs are justified and represent value:

  1. Event Venue (₳50,000):
  • Justification: We have identified a venue that strikes a balance between cost-effectiveness and the capacity to host a meaningful Circular Economy Investor Matching event. The selected venue provides essential facilities without compromising the quality of the participant experience.
  1. Marketing and Promotion (₳30,000):
  • Justification: Our digital marketing strategy is designed to maximize outreach and engagement while minimizing costs. Leveraging social media platforms, community forums, and collaborations with Cardano-related channels, we aim to achieve effective promotion within the allocated budget.
  1. Educational Content Creation (₳20,000):
  • Justification: We are streamlining content creation processes and potentially collaborating with volunteers to reduce costs. By focusing on essential educational materials, we aim to deliver high-quality content without excessive expenditures.
  1. Team Salaries (₳70,000):
  • Justification: While compensating our team for their valuable contributions, we have strategically structured salaries to align with the expertise required for the project. The stipends are in line with industry standards for roles and responsibilities, ensuring a fair distribution of funds.
  1. Miscellaneous Expenses (₳30,000):
  • Justification: This allocation covers unforeseen expenses and essential miscellaneous costs. We have exercised prudence in budgeting for contingencies, ensuring that the project remains resilient in the face of unexpected challenges.

Supporting Evidence for Costs:

  • We have conducted market research to benchmark our budget against industry standards for similar events and initiatives.
  • The team has assessed the average wage rates in our country and the freelance rates within the relevant industry to ensure that our compensation aligns with fair practices.
  • Where applicable, we have sought quotes and estimates from vendors to validate and optimize our budget allocations.

By rigorously assessing and justifying each cost component, we believe that our project represents excellent value for money within the Cardano ecosystem. The budget aligns with industry norms, ensures fair compensation, and maximizes the impact of the Circular Economy Investor Matching Initiative.

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