Please describe your proposed solution.
In fund 9 Smart Hubs had a proposal “Onboarded Companies Playbook”. For this proposal, we were trying to help some a problem for new funded projects.
Problem: New funded companies, face accounting and community communication challenges to be aligned with their normal operation. Catalyst does not have an available/ relevant source of information about it.
Solution: A playbook for funded companies that guide their various teams on how to best connect their operation with the Catalyst operation - payments, admin, communication
Team dedicated to Onboarding new members and business to Cardano
A big part of the team activities is related to onboarding impact companies to Catalyst & Cardano.
The team had several funded-related proposals that aim to onboard more companies to the ecosystem:
- Fund 7 - Business Development Hub Geneva - closing video & Closing report
- Fund 7 - Strategy Framework - miro board
- Fund 8 - Community lead generator
- Fund 8 - Cross-chain impact lead generator
Some companies we managed to onboard already:
- www.Seedstars.com
- www.Goodwall.io
- www.Digifarm.io
- <https://accelerate2030.net/>
- <https://thepondfoundation.org/>
From our past work we are going to be continuing to revamp and enhance our efforts around the Project Catalyst Funded Project Playbook. Currently when new projects are funded in the Catalyst ecosystem there is not a lot of guidance on how to pivot your business forward and its hard to sometimes find the proper steps to take for a successful funding experience.
The plan is to revamp the Project Catalyst Funded Project PlayBook created by SmartHubs. The Playbook will provide support to newly funded projects with technical and nontechnical parts of the business setup process and is to help community projects structure their plans to succeed.
We will also be creating marketing material to help with promoting the Playbook so it can be used by as many community members as possible. This marketing material will be used to promote the work on various community platforms and we plan to present the playbook and its value to the community by working with the global townhall and swarm community.
Sometimes its hard to just jump into a pond by yourself. We will also be providing working sessions and support sessions for community projects who are funded through Catalyst. This is so we can provide even greater support to Cardano community businesses who need help getting their feet off the ground or who may be stuck at a part of the onboarding process that may be challenging.
How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?
Our proposed solution addresses the challenge faced by newly funded companies in the Cardano ecosystem. These companies often encounter accounting and community communication difficulties while trying to align their operations with Catalyst. Currently, there is a lack of available and relevant information to guide them through this process.
To tackle this challenge, we aim to continue the develop and update SmartHubs comprehensive playbook specifically designed for funded companies in the Catalyst ecosystem. This playbook has served and guided companies, providing step-by-step instructions on how to effectively connect their operations with Catalyst. We plan to cover essential aspects such as payment processes, administrative requirements, and communication strategies.
We recognize the importance of onboarding new members and businesses to Cardano. As part of our proposal, we have a dedicated team that will focus on this task. Our dedications is seen by successfully onboarding several companies already, including Seedstars, Goodwall, Digifarm, Accelerate2030, and The Pond Foundation.
<u>What benefits will this bring to the Cardano ecosystem?</u>
The benefits of our proposed solution are:
-
Enhanced Guidance: The Project Catalyst Funded Project Playbook will provide much-needed support to newly funded projects. It will offer guidance on both technical and non-technical aspects of the business setup process. This comprehensive resource will enable community projects to further structure their plans effectively, increasing their chances of success within the ecosystem.
-
Improved Accessibility: By revamping and enhancing the existing playbook, we aim to make it easily accessible to as many community members as possible. This is an Opne Sourced project and we will create marketing materials to promote the playbook across various community platforms. Helping ensure widespread awareness and utilization of the PlayBook. This will empower a larger number of projects to navigate the funding process more efficiently.
-
Collaborative Support: We understand that navigating the onboarding process can be challenging, and some projects may require additional assistance. We will organize working sessions and support sessions for community projects funded through Catalyst. These sessions will provide hands-on support, helping businesses overcome obstacles and ensuring a smooth onboarding experience. By fostering collaboration and providing personalized assistance, we can facilitate the growth of Cardano community businesses.
By addressing the challenges faced by newly funded companies and providing them with comprehensive guidance, support, and resources, our proposal aims to strengthen the Cardano ecosystem. This initiative will contribute to the success of funded projects, foster community engagement, and promote the long-term growth and sustainability of Cardano as a leading blockchain platform.
How do you intend to measure the success of your project?
We will be looking to measure the following KPIs:
- #Companies we onboard
- # of Git Book updates
- # of Marketing materials
Please describe your plans to share the outputs and results of your project?
The Impact of our outcomes will be seen in various forms.
Deliverables:
- 25 hours of people/meeting with companies
- Revamp of the playbook for first-time funded companies
- Providing more details and questions to our QA section
- Add details to our Cardano technology for the business document/ppt which is especially helpful to create further engagement with the companies in the Cardano ecosystem
- Add any new metrics and information for Treasury Guild accounting processes for business (Ex. stable coins, accounting in different countries)