2013 kickstarter change fellow program

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2013 KICKSTARTER CHANGE FELLOWS What you need to know, how it works and how to apply

Transcript of 2013 kickstarter change fellow program

2013 KICKSTARTER CHANGE FELLOWS

What you need to know, how

it works and how to apply

SO WHO IS RUNNING THIS GIG?oWACMS Social Capital is part of WACMS Nigeria Limited, owners of the West Africa Capital Market School www.mywacms.com

oWe want to transform Africa by turning its challenges into business opportunities

oWe believe that social enterprises and not aid will drive growth to the most disadvantaged people

oWe provide training, impact measurement tools, incubator support and social finance for the greatest ideas (yours maybe?)

oOur partners are social e-evaluator of Holland http://www.socialevaluator.eu/ and Talent Beyond Limits http://www.talentbeyondlimits.nl/

oTogether we are supporting the brightest minds – we call them Kickstarter Change Fellows

WHO ARE KICKSTARTER CHANGE FELLOWS?oPeople who see the world as they want it to be

oHave a deep understanding of the cycle of poverty and exclusion

oCrazy about building businesses that solve the greatest problems

oWant to make profits (yes..20-30% return p.a.)

oTrained to build amazing prototypes

oPitch ideas to international investors

Sound interesting? Come on inside!

Warning!

High

pressure environment

with highly intelligent

peers

FIRST WHAT DO YOU SEE?

Misery & social

dysfunction?

NOW LOOK AGAIN!

Reform domestics hiring? Alternative power? Land rights registry?

Water testing kits? Parent owned schools? Hawker education

JUST HOW BIG IS THE OPPORTUNITY?

Think about it! Why are the

largest companies in the

world selling to the bottom of

the pyramid?

Credit recharge, biscuits,

soft drinks, bottled water…

One word SCALE

HOW PROFITABLE IS THIS MARKET?

5 Trillion dollars

and counting

BUT WHAT IF YOU HAVE..

No ideas? We will help

you develop one in class

No money? Tell us

your big idea and if it

makes us dance, we

will fund your

attendance

No time? Join the

virtual incubator. If you

can’t do this you

shouldn’t be here

THREE “MUST HAVES”

Passion Pin Point Focus Persistence

NOW HOW DOES IT WORK?

Six stages of the Kickstarter

process

SIX STEP SUCCESS

1. See challenge and opportunity 2. Apply to the Change Fellow program 3. Create world class model in class

4. Enter the 2 month virtual or

physical incubator program

5. Demo night! Pitch to

international social investors

6. Get funding via equity investment

or social exchange listing

A FEW RULES FOR APPLICANTSPromote or improve inclusion for people, irrespective of gender, race, tribe and education

Promote healthy family relationships

Promote community and collaboration

Have a clear statement of mission

Show evidence of good governance

Stress the stewardship of resources

Do not damage health, morals or conscience

Do not exploit people based on their education or access to resources /information, nor elongate the delivery chain

Do not advance or promote societal cleavages and inequities

Deliver what is promised

REQUIREMENTS

oHigher education

oPassion for change

oSelf directed team players

oAbove average skill level in MS Office

oHigh integrity

oLover of coffee, pizza, cola and all the other long hour fillers

oGood communicator if sole founder (Co founders can be geeky)

HOW YOU WILL SPEND YOUR TIME WITH US

You spend about 15%

of your time visualizing scenarios

using advanced

neurological logic. You

can’t do more than

you can see

Visualizing

The majority of time, about

40%, will be spent

defining and refining the

business model

Prototyping

About 20% will be spent preparing for and pitching ideas to in-

house peers and external

funders

Pitching

About 10% will be spent

in social events with peers and

mentors

Networking

You will spend about 15% in some

sort of training

Training

WANT TO GO ON?

Get me

outta

here!

Click on

parachute to

return to start or

click on the “take

me in” button to

go on

Take me in

GET INVOLVED

Click to register for the 2013 Change Fellow program

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Visit our website: www.fastlaunch.org

Send an email: [email protected]