completed impact proposal

Cardano Peer Education

$5,000.00 Received
$5,000.00 Requested
Ideascale logo View on ideascale
Community Review Results (1 reviewers)
Impact / Alignment
Feasibility
Auditability
Solution

To introduce Project Catalyst to Business and Engineering Students and to mentor and examine their business projects and innovative ideas and assisting them to submit via Project Catalyst.

Problem:

Many Business and Engineering students got brilliant ideas to impact their society but there is no funding opportunities for these students, therefore Project Catalyst would be ideal.

Yes Votes:
₳ 111,762,900
No Votes:
₳ 18,698,191
Votes Cast:
593

This proposal was approved and funded by the Cardano Community via Project F9: Challenge & Scouted for Students🎓 Catalyst funding round.

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[IMPACT] Please describe your proposed solution.

Securing major investment money to propel a venture forward remains a big challenge for College Entrepreneurs or any other entrepreneur. As you move beyond grants, it’s important to line up milestone objectives with funder expectations.

Main Activity

One-on-One campus outreach program to inform business and Engineering Students about Project Catalyst.

Online workshops with Students who are interested to submit their innovative ideas on Project Catalyst.

Mentor College students for the ability for them to turn ideas into action which includes creativity, innovation and risk taking, as well as the ability to plan and manage projects in order to achieve objectives on project catalyst is the prime purpose for this proposal.

This Proposal (Cardano Peer Education) will support students day-to-day life at campuses and in society, making students more aware of the context of their work and better able to seize opportunities on project catalyst and to provide a foundation for College entrepreneurs to establish a social and community activity in the Ecosystem.

The following objectives are to be reached through Project Catalyst entrepreneurship education: − Improvement of the entrepreneurship mindset of young people to enable them to be more creative and self-confident in whatever they undertake and to improve their attractiveness. Encourage College innovative business start-ups; − Improvement of their role in society and the economy.

[IMPACT] Please describe how your proposed solution will address the Challenge that you have submitted it in.

Entrepreneurship education has a positive impact on the entrepreneurial mindset of young people, their intentions towards entrepreneurship, their employability and finally on their role in society and the economy.

No surprise here—a major challenge College Entrepreneurs face is getting funding. This manifests itself in two ways:

1) getting enough pre-seed funding to support prototype development and the earliest stages of venture development, and

2) bridging the gap between fledgling venture and one pulling in significant angel

Many of Business students have testify that they couldn’t find enough funding to make pursuing the idea worthwhile.

That was the case for a student in Ghana. Her product, which was developed around Internet of Things, measures water usage in households and delivers the data to customers in an easily digestible format. Finding good funding is hard for her, especially in Ghana.

[IMPACT] What are the main risks that could prevent you from delivering the project successfully and please explain how you will mitigate each risk?

College Entrepreneurs typically have complex science behind their inventions. Having a great idea but not knowing exactly how to execute on it is a challenge a lot of student face.

Mentors and business executives will be assigned to students to advice them on how to run a business, how to enter into a market for the first time, how to identify potential profit or lost.

It is always essential to be guarded by someone who is in the field of work that you deem to enter.

Most of the times, you only know if something will make you successful when others have done it and achieved success. If there is going to be an assurance that what you are doing will lead you to success, then others might have done it before you. You learn from them, replicate it and achieve that level of success they got to.

This is what we call the roadmap to success. However, this is not unique to success only. Failure on the other hand can either be replicated or avoided. If you follow what people did to fail, you will certainly fail.

[FEASIBILITY] Please provide a detailed plan, including timeline and key milestones for delivering your proposal.

1 - 3 weeks after funding

University Sensitization and Mobilization program to identify over 50 Students in about 5 universities

4-6 weeks after funding

One-on-one outreach program with university representatives to educate the Business and the Engineering Department about Project Catalyst.

Cardano / Project Catalyst Workshops with the Students and equally share likely projects that students have implemented to impact their society to motivate the newly students that are yet to be onboarded.

6- 8 weeks after funding

Evaluation of the projects milestone and achievements

Publications of the success stories and students feedbacks on wada.org

Preparations of the close-up report to IOG

[FEASIBILITY] Please provide a detailed budget breakdown.

Detailed budget for a 8 week long students sensitization and mobilization program

Team Cost - 5 members * $ 200 = $ 1,000

workshop organizing - 2 events * $650 = $1,300

Cardano & Projects Catalyst Souvenirs - 50 students * $20 = $ 1,000

Internet and Stationary = $ 700

Advertisement and Marketting = $ 500

Miscellaneous = $ 500

[FEASIBILITY] Please provide details of the people who will work on the project.

Daniel D. Lezu: Daniel is a front-end developer with more than five years of experience. He holds a Bachelor of Science in Information Technology from Bluecrest College and a Professional Diploma in Software Engineering from IPMC Ghana. He is passionate about cloud computing, cyber security, and decentralized applications. He was a Community Advisor in Catalyst Fund 7 and the Catalyst Challenge Team Lead for ‘Scale-UP Cardano’s Community Hubs’ challenge setting for Fund 8. He is the Community Manager for the Catalyst Africa Town Hall and the Catalyst Africa School. He envisioned using Blockchain Technology to bridge the gap between human capabilities and machine learning (AI & IoT). He is the engineer behind the Wada website.

Role: Projects Coordinator

Telegram: @ddlezu

Email: [email protected]

Nana Safo: University Ambassador for Wada and the Blockchain Education Network (BEN) in Ghana, Co-proposer and Community Ambassador to Landano (A Catalyst funded project), Proposer, Project Lead, and Project Manager for Cardano Recycling DApp (A Catalyst funded project), Successful (Community Advisor (now Proposal Assessor) since Fund 4, Veteran Community Advisor (now veteran Proposal Assessor) since Fund 5, Proposal mentor since Fund 6, Challenge Team lead since Fund 7, Co-proposer since Fund 6, Proposer since Fund 7), former video editor for Brain-X TV, and a passionate Cardano advocate since 2020.

Role: Students' Mentor Officer

Telegram: @Nana_Safo_01

Discord: Nana Safo#6233

Email: [email protected]

LinkedIn

Richmond Oppong: Richmond is a graphic designer with over 10 years of experience in logo design and marketing. He holds a Higher National Diploma in Graphic Design and Marketing from Takoradi Polytechnic, Takoradi-Ghana. Richmond is a blockchain enthusiast and is actively part of the Cardano project catalyst community. He is the design and marketing lead for Wada.

Role: Design and marketing.

Telegram: @Holiouz

Email: [email protected]

Awura Adwoa - Students’ Ambassador @ Wada

Student at University of Ghana Business School studying Bachelor of Science in Administration, majoring in Accounting.

Active community member for Cardano Community (Town Halls, CA Telegram). Community Advisor since Fund 6, Veteran Community Advisor in Fund 7 and Catalyst Challenge Team Member for ‘Grow Africa, Grow Cardano’ challenge settings for fund 8.

Role: Students' Mentorship Officer

twitter: @awura_asamoa;

telegram: @AwuraOwusu

Jeremiah Baani: College Tutor, IT practitioner, Blockchain/ Crypto educator and advocate, Wada Ghana team member, Voter since fund4, Community Advisor in fund7, Veteran Community Advisor in Fund7, Challenge Team member, Active in catalyst related programs etc.

Twitter: https://mobile.twitter.com/jerrybnj

[FEASIBILITY] If you are funded, will you return to Catalyst in a later round for further funding? Please explain why / why not.

To be successful at anything at all, you have to know what to do and what not to do. If you miss out on these, there will be no guarantee that you will succeed.

Once you identify what will make you successful, you then have to try them out. That is to say, you have to practice those things.

Writing a proposal as a business student is no different. You need to know about the things that will make you successful and if we got funded we shall come back for another proposals so as we could reach wilder students with our entrepreneurship and educational series.

[AUDITABILITY] Please describe what you will measure to track your project's progress, and how will you measure these?

Community Tracking of Project Progress:

  • For tracking this project, we shall be reporting to the community with evidence of progress attained so far through the monthly report form and the Catalyst Coordinator Chat group on Telegram and on the Wada website. <https://www.wada.org>

Key Metrics:

  • At least 10 students to be mobilized per University

  • 5 Universities to be to sensitized on the Cardano Peer Education

  • 50 Business and Engineering Students would be onboarded to Project Catalyst to contribute to various roles.

  • At least 50 new Cardano wallets would be created for the students of each university (Yoroi, Nami, CC Vault).

  • At least 50 students might submit their innovative ideas on project Catalyst for Fund 10

    [AUDITABILITY] What does success for this project look like?

By setting up a student category and increasing the exposure of their ideas while students can expect easier funding and scouted from engineers and business students on Project Catalyst.

  • The number of business and Engineering students that will be onboarded

  • The number of Students that will submit their Science, Technology, Engineering and Mathematics (STEM) projects on Ideascale.

  • The number of students that will attend the workshops

  • The number of students will be show interest in Cardano and Project Catalyst

    [AUDITABILITY] Please provide information on whether this proposal is a continuation of a previously funded project in Catalyst or an entirely new one.

This Project is an entirely new one

Sustainable Development Goals (SDG) Rating

SDG goals:

Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all

Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all

Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation

SDG subgoals:

By 2030, ensure that all youth and a substantial proportion of adults, both men and women, achieve literacy and numeracy

By 2020, substantially expand globally the number of scholarships available to developing countries, in particular least developed countries, small island developing States and African countries, for enrolment in higher education, including vocational training and information and communications technology, technical, engineering and scientific programmes, in developed countries and other developing countries

Key Performance Indicator (KPI):

Proportion of population in a given age group achieving at least a fixed level of proficiency in functional (a) literacy and (b) numeracy skills, by sex

Volume of official development assistance flows for scholarships by sector and type of study

Universal Human Rights Index (UHRI):

#proposertoolsdg

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