funded

Catalyst Virtual Start-up Bootcamp

$35,000.00 Received
$35,000.00 Requested
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Community Review Results (1 reviewers)
Addresses Challenge
Feasibility
Auditability
Problem:

<p>Early-stage entrepreneurs lack the experience with Catalyst to effectively communicate their projects</p>

Yes Votes:
₳ 125,719,276
No Votes:
₳ 22,426,648
Votes Cast:
644

This proposal was approved and funded by the Cardano Community via Project F6: DLT Entrepreneurship Toolbox Catalyst funding round.

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Detailed Plan

<u>Main Deliverable:</u>

A 6-week bootcamp for future proposers on communicating their ideas effectively within Catalyst, obtaining the business skills needed, and finding the rights teams to implement.

–––––IMPACT———–

<u>How does the proposal fit into this challenge?</u>

Bootcamps are a common feature in the start-up world. By giving teams and individuals access to training, guidance and mentorship, we create an environment that can foster high-quality proposals by well-informed and competent teams.

<u>How will this campaign add value to our ecosystem?</u>

By drawing upon the wider start-up community, we can onboard talented entrepreneurs into the Catalyst ecosystem, as well as training those already familiar with Catalyst but lacking the skills needed to get their proposals successfully funded.

<u>Outlook and future challenges?</u>

An initial program of 20 individuals and 5 teams will be invited by application to participate. After a series of lectures, training sessions and demos, the 5 teams will be assigned a Catalyst mentor each and the 20 individuals will be put through a 6-week bootcamp aimed at taking them from 'Zero to Funded'. At this bootcamp, they will be pitching ideas, creating teams and at the end will be presenting to a panelist of experts and mentors. We will be following the Startupbootcamp (https://www.startupbootcamp.org/) model for this, applied to a virtual setting, with the help of WADA and their partners.

–––––FEASIBILITY———

<u>Reference (Past Successes):</u>

Having joined Startupbootcamp as a team leader on several of its programs and gone on to be an organizer for an enterprise accelerator, I have experience delivering such programs and am well-versed in curriculum development, session facilitation, and journey-mapping of the participants. In collaboration with WADA and its partners, we have at our disposal:

  • A membership platform in development for onboarding and virtual training sessions
  • A learning management system in development to track progress and usage of the materials created
  • Several networks of interested participants for future bootcamps as we scale
  • Mentors and experts willing to support both the goals of WADA and Cardano

<u>Roadmap:</u>

After voting takes place and funding is successfully secured:

Pre-bootcamp:

  • 40 days - Curriculum development, mentor and expert outreach, platform development
  • 20 days - Marketing campaign, applications open
  • 7 days - Applicants are chosen, onboarding and pre-reading material is distributed

Program launch (Jan 15th):

  • 6-week learning program of lectures, training sessions and demos
  • 6-week bootcamp, taking the individuals and teams from 'Zero to Funded'

Post-Program:

  • Proposal submission to Catalyst (with workshops, https://bit.ly/F6Workshops))
  • Ongoing proposal and mentorship support (where applicable)
  • Program survey and report creation
  • CVSB Round 2 Proposal Submission (Scale-up)

<u>Core Team & Roles:</u>

Josh Fielding - Program Lead + Finance Lead @ WADA

Sidney Nicholas - Advisory Lead + Diaspora Lead @ WADA

Mercy - Community Organiser + Coordination Lead @ WADA

Megan - Events & Central Africa Regional Lead @WADA

+WADA team

Main Stakeholder: WADA (https://wadalliance.org)

Other Stakeholders:

Catalyst Swarm who are the foremost leaders in Catalyst collaboration and can assist us in team creation, brainstorming, dynamic virtual gatherings and conference-style presentations

Blockchain Education Network (BEN), who has a network of thousands of students that could be trained and onboarded as this program grows

PATF - Our long-term partners who have been delivering blockchain bootcamps and providing legal advice since early 2020

<u>Budget breakdown:</u>

  • Team fees $12000
  • Experts and Mentor fees $9000
  • Curriculum development and materials cost $5000
  • Platform costs $3000
  • Incentives $3000
  • Marketing $2000

———–AUDITABILITY————

<u>What success looks like:</u>

Over 50% of CVSB-approved proposals get funded. After a successful program, we will have created the curriculum, set up the online learning platform, have a pool of mentors and experts to draw on and resubmit for a second round.

  • 3 months: Curriculum developed, experts confirmed, program launched
  • 6 months: Program completed, DeFi teams submitted proposals, with the help of CVSB
  • 12 months: Funded DeFi teams identified, second iteration of the bootcamp launched, with an established learning pathway and entrepreneur toolkit available

<u>Key Metrics:</u>

  • No. Submitted proposals

  • No. New Catalyst Proposers

  • No. Funded Proposals

  • % Proposals Funded

  • Total funding generated from the program

  • Approval rating from participants:

  • Would recommend 0-10

  • Value of the training 0-10

<u>Risk Management:</u>

Education Quality: Experienced teachers, educators and start-up coaches within the WADA network that can ensure a high standard of education and training is delivered throughout the program.

Proposal Quality: WADA and partners are long-time Catalyst members with several successfully funded proposals, as well as assisting others on their Catalyst journey.

Future sustainability: After the tipping-point of demand and value-creation is reached, we can then seek out sponsors, investors and partners for continued financial sustainability outside of Catalyst.

<u>Affiliated Proposals:</u>

DeFi For Cardano - Learning Portal:

<https://cardano.ideascale.com/a/dtd/DeFi-for-Cardano-Learning-Portal/366756-48088>

WADA Proposor Workshops:

<https://cardano.ideascale.com/a/dtd/WADA-Proposer-Workshops/366968-48088>

Africa/Diaspora Dev Tools & Events:

<https://cardano.ideascale.com/a/dtd/Africa-Diaspora-Dev-Tools-Events/366952-48088>

Scale up WADA's Outreach Program:

<https://cardano.ideascale.com/a/dtd/Scale-up-WADA-s-Outreach-Program/366982-48088>

Project brief:

<https://docs.google.com/document/d/1C6iU-YN8QORzkQsVw1hu9ODWcwrFsI8zyvWsFcKV83c/edit?usp=sharing>

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Interested in contributing or partnering? Get in touch by sending a private message

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Community Reviews (1)

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Monthly Reports

N/A

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
8/15/2022
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N/A

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
8/15/2022
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N/A

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
8/15/2022
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N/A

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
11/15/2022
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Disbursed to Date
$35,000
Status
Still in progress
Completion Target
4. After 6 months
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Disbursed to Date
$35,000
Status
Still in progress
Completion Target
4. After 6 months
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Research - Structure of a business hackathon, run for 48-54 hours Enquiries - Sent to organizers of similar events for feedback and materials Content - 5 days of startup workshops and lecture, followed by the 3-day hackathon

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
3. In the next 6 months
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Seeking testers for the portal - Creating a small team in order to test the functionality of the portal, add features if needed and get clear on the utility of the portal, before public applications open.

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
3. In the next 6 months
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Research - Structure of a start-up weekend event, applied to the virtual setting. Enquiries - Sent to organizers of start-up weekend in order to gather materials and insights. Content - Handouts to be created for each of the 5 days, with daily tasks relevant to a particular business area.

Disbursed to Date
$35,000
Status
Still in progress
Completion Target
3. In the next 6 months
Attachment(s)
Comments 0

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  • Outreach: Contacted three startup networks and event organizations for additional resources relating to the 3-day bootcamp after the main teaching module section of the program.
  • Branding: Request for branding kit from Startup weekend, the main organization behind the curriculum for the bootcamp.
Disbursed to Date
$35,000
Status
Still in progress
Completion Target
3. In the next 6 months
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