1 millioncups eharambee presentation
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Transcript of 1 millioncups eharambee presentation
eHarambee.com®
"COMMUNITIES POOLING IDEAS AND RESOURCES FOR THE COMMON GOOD ®“
HOSTED AT BOTH WWW.EHARAMBEE.COM AND WWW.HARAMBEE.CO
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CROWD
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Harambee Concept
Harambee is a Swahili word for pulling together.
eHarambee is simply electronic Harambee
eHarambee is a platform that allows communities to pool ideas and resources for the common good®
This is what is called Crowdfunding: where someone with an idea that requires resources to implement goes to a known crowd of family, friends and supporters to raise the necessary resources.
Crowdfunding Platforms provide the market place for the exchange at a fee in return for payment processing and book keeping in addition to the idea listing
eHarambee.com supports payment in US$ and Kenya shillings
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The Mission of eHarambee.com is to find entrepreneurs with organized & disciplined Innovations, and crowd-fund
them for the common good®.
Ideas without implementation are just dreams
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Market Summary
There are various Crowd-funding Portals that have come up since The ‘Jumpstart Our Business Startups (JOBS) Act was passed. eHarambee.com® stand out because of: Ability to process payment in both US Dollar and Kenya Shillings.
The Ability to process in Kenya Shillings is important because no other portal has the ability to reach the African Market
Reaching the African Market is important for US supporters of ideas because very profitable innovations are available in that Market just waiting for supporters to move them from concept to implementation then VCs and other investors will beat the path to the door to buy them out.
New Castle Entrepreneurs are able to raise US$ funds from family, friends and supporters.
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The Opportunity
Delaware has many Small and Medium Businesses looking to raise capital to move ideas from Concept to prototype. Moving ideas from concept to prototype then implementation
provides a challenge to Innovators in Delaware.
The first funds an innovator may have access to are from family, friends and supporters.
eHarambee provides a space for ideas sponsors to clearly define and refine their ideas then offer some incentive to family, friends and supporter to back them.
The idea is that a Concept sponsor should be able to pitch to this first audience before they can hope to sell to a wider audience!
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Competition
KickStater, Indigogo and GoFundMe are the major players on the Crowdfunding space. Kickster has been around for a long time
eHarambee.com has the advantage of being the only platform that supports payment in US$ and Kenya Shillings.
eHarambee.com is the only platform that supports payment in mobile money.
eHarambee.com is the only Crowd-funding platform based in Delaware!
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Restrictions, Costs & Financials Registration and Listing is free.
Registering on www.Harambee.co is free.
Listing an idea, a project or business fundraiser is free.
Contributions Contribution attracts a payment processor fee
PayPal processes all credit card payments in US$ (3.9% +US$0.35)
PesaPal processes all Kenya Shillings payments (3.5% +Ksh145)
All contributions attract a platform fees (4.0%)
A Sponsor may only Sponsor Four harambees in a 12month period, A Contributor may contribute up to $1999.00 four times per Harambee, Ksh70,000 for contributions in Ksh. It’s recommended that Contributors only support family, friends and social connections known to them. (AML, KYC, JOBS ACT)
The Policy of placing costs on the contributors ensures the sponsors get all the funds they require to ensure the projects are implemented.
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Who am I?
David F Amakobe President & CEO of African wood Inc. which owns and operates
eHarambee.com® .
Currently pursuing my MBA with Entrepreneurship at CTU
Holds B.Sc. in Agricultural Engineering
Born and raised in Kenya, migrated to the USA in June 2000
Naturalized American
Have worked in management and Business in Kenya, Tanzania, Uganda, UAE, and USA
Has been in business startup to meet market challenges since 1991.
Understands international business sensitivities: USA, Africa & UAE.
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The Team
David F Amakobe President, CEO
Moody Amakobe Vice President -
Technical
Eric Liyala Kenya Based Legal
Consultant
Nicolette Chinomona Botwasna Based
Innovation Consultant
Gloria Amakobe Vice President -
Finance
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How can 1MillionCups Community help?
Register at www.Harambee.co Support listed projects by contributions : any amount helps! List you ideas, projects and Businesses, we all need to raise funds! Tell Family, friends and Supporters to register, list projects and
contribute! Leverage your Facebook, Twitter, LinkedIn networks by referring
them to www.Harambee.co We are looking to move to a new level and want experts to join
our team on sweet equity basis.
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Related Properties
African Wood Inc., which owns and operates www.eHarambee.com also operates three other online properties.
www.afrwood.com which is an online wholesale auction site which provides services for entrepreneurs which to test a market for their products.
www.afridocsearch.com which is a healthcare facility search portal currently focused on Africa but may expand worldwide
www.immigrantnationusa.us which looks at the politics and policies that could impact entrepreneurs and innovations with a bias towards recent immigrants
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Factors Affecting eHarambe.com ® Outcomes
Environment
D. F. Amakobe: CEO
eHarambee.com: TASK
African Wood Inc.: Organization
Structure
Team
PayPal
PesaPal
US JOBS ACT
Kenya Public Collections ACT
Competition
User Knowledge
Chase Bank Kenya Ltd OUTCOMES
1) Sponsor & Contributor Satisfaction
2) System & Operational Efficiency
3) Corporate Learning
4) Profits
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Contact
eHarambee.com®
a service mark of African Wood Inc.
1201 N Orange street, Suite 902
Wilmington
DE 19801USA
Telephone: 1 302 252 7279 Email: [email protected]
www.eHarambee.com or www.Harambee.co