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RISE
RISE is our proposed web based platform for validation, development and implementation of climate change centered solutions or initiatives using the 3C's i.e crowdfunding, crowd-investing and crowd-building.
Crowdfunding - collective financial backing with investor incentives on for-profit and no incentives on not-for-profit solutions.
Crowd-investing - collective financial backing with a cash Return On Investment on for-profit solutions rewarding equity/stake as per our feedback Funding model. (Explained in the attached paper)
Crowd-building - collective technical and financial expertise for validation, development and scaling for profit and not-for profit solutions with or without incentives for the former and latter respectively.
Our value proposition is in leveraging technology, universal inclusivity and timely information access as key aspects with data to support our concept. (Details in pitch deck)
The platform will be internet based requiring connectivity by all users, the crowd-investing will be governed by an algorithm to match our feedback funding mechanism, online e-funds transfer will be incorporated for direct donations or crypto and an inbuilt coworking virtual space for open source projects, source code sharing and online collaboration.
Solutions supported through our site will be diverse including those that require manufacturing such as hardware, garments and other devices.
Define three specific objectives that you would like to achieve with your proposal.
- Create a platform to support initiatives aimed at averting climate change financially, technically and policy advocacy using our 3Cs.
- Raise awareness about the dangers of human activities that are destroying our environment.
- Create a collaboration network for a sustained innovation ecosystem solely focused on a healthy planet.
What problems (particularly in value chain competitiveness and global disruption) are your community’s stakeholders facing due to the Covid-19 pandemic?
Coverage of the pandemic by media has shadowed climate related disasters such as floods due rising sea levels, bush fires due to rise in earth temperatures among others. This has been seen in East Africa, India, China and is ongoing but little is being done in terms of awareness of the causes to the public and policy makers due COVID-19.
Scientific research innovation and collaboration on solutions to save our planet has reduced as most resources are being allocated to find a vaccine for the virus.
What minimum viable solution(s) are you proposing to address the challenge(s) in your community?
RISE is our proposed web based platform for validation, development and implementation of climate change centered solutions or initiatives using the 3C's i.e crowdfunding, crowd-investing and crowd-building.
Crowdfunding - collective financial backing with investor incentives on for-profit and no incentives on not-for-profit solutions.
Crowd-investing - collective financial backing with a cash Return On Investment on for-profit solutions rewarding equity/stake as per our feedback Funding model. (Explained in the attached paper)
Crowd-building - collective technical and financial expertise for validation, development and scaling for profit and not-for profit solutions with or without incentives for the former and latter respectively.
Our value proposition is in leveraging technology, universal inclusivity and timely information access as key aspects with data to support our concept. (Details in pitch deck)
Share your story (your narrative)
Please provide any additional relevant information that you would like to share.
Our timeline for launch is within the next eight months given we raise the funds. We plan on three projects i.e RISE Capital; a venture fund for clean energy and green economy centered startups and companies, RISE Spaces; an incubator, accelerator labs and coworking spaces chain for startups and companies within the green economy and sustainable development workspace. RISE Ventures; a technology conglomerate focused on developing clean energy and green economy solutions in addition to supporting philanthropic initiatives aimed at averting climate change.
For sustaibility the platform; will charge a flat fee of 5% on all funds raised, Licence the coworking software to other entities outside the platform and allow donations from well wishers. In the future our planned expansion into coworking spaces and venture capital will sustain the platform.
Hi Gavin,
I trust you are well.
Let me congratulate you on your idea. Indeed, I agree that COVID-19 has over shadowed climate change issues and initiatives; I’m very much interested in how RISE will undo this phenomenon.
I wish to share a few considerations
1. Consider making your objectives SMART – visit https://thedigitalprojectmanager.com/project-objectives/ for a detailed explanation. Perhaps you can adopt the details you’ve put in the additional relevant information section for your objectives.
2. Consider giving a bit more detail about the platform in the minimum viable solution section i.e. explaining how exactly will the validation, development and implementation be executed.
Hi Gavin, funding from who specifically and to who specifically?
way to go!
Hi there,Gavin The 3Cs form a large base to start work with. What if you picked on one to start with? Successes and failures learnt can be applied to the rest as time goes by?
Users tagged:
there are already some cloud funding platform. Those are super popular. So do you think to make it people accable and what is your marketing plan for it. how do you ensure the security of payment gateway security.
Hi Gavin,
i would like to address feedback regarding your submission. First I think that you should make your submission titles more descriptive - people don't know what rise, and personally it reminded of a tottaly different project. (This is just feedback, maybe you see it differently). Secondly, what existing successful projects do you know that managed to leverage the benefits of all 3C's and how did they achieve that? As I understand, there is no guarantee of any.What are your compeitors? How are you planning to make yourself visible to the world and what is your banding strategy? And also regarding the application, i think there is a bit of redundancy in explaining the 3C's...
Thank you. Best of luck with your idea!
Hi, Gavin trust you doing great and staying safe in this covid pandemic
Your project is great and calls for collaboration with other stakeholders for scalability in your country.
My suggestion is that you verify regulatory practices in your country and make your you are building for a ready and hungry market that will buy into your project.
All the best
See you are the top.
Gavin, I hope we can all RISE! A crowdfunding platform (harambee in Swahili) is for instance M-Changa: https://www.changa.co.ke/
I like the fact that you add the investing bit to it: who will be the fundmanager? If you, are you registered? If not yuo, who and how is this managed?
For the co-building part, how does the business model work there, as there may not be exchange of monies?
In the meantime, you may want to have a look at our idea and vote for it if yo like it: https://cocreate.itu.int/post/3496670