Relief 2.0 Marketplace Garag3 Startup Validation Camp National University of Singapore December 7-8, 2010 Carlos Miranda Levy Ren Yue Ng Jiali Wong Yuqing.

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Presentation transcript:

Relief 2.0 Marketplace Garag3 Startup Validation Camp National University of Singapore December 7-8, 2010 Carlos Miranda Levy Ren Yue Ng Jiali Wong Yuqing Mai Tran

Relief 2.0 Marketplace About Us A global marketplace where disaster survivors sell goods and services to the world so that they can generate wealth and not depend on handouts Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Problem Identified: 1.Disasters disrupt the economy and wealth generation of the areas impacted 2.Disaster survivors are not actively engaged in the reconstruction processes and end up depending on foreign aid 3.The truth is disaster survivors are resourceful and capable people able to fend for themselves and generate wealth if given opportunity Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Mission: To empower local communities impacted by disaster to generate wealth and become self-sustainable by connecting them with the global audience of buyers for their goods and services Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace What We Provide 1.A marketplace of locally produced goods and services offered to a global audience 2.A global database of resources needed/offered by local stakeholders and relief organizations both supported by 3.Capacity Building and Certification Program Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace A Proven Business Concept 1.Our idea is a proven business concept that works. 2.We are extending the impact and reach of the fair trade and community engagement models. Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Possible Competitors Startup Validation Camp (7 th to 8 th December 2010) StrengthsWeaknesses Haiti Artisan Connected to Haitian communities; Handicrafts from local artisans; Only wholesale purchase; No breakdown of cost; Lack of personal connections with beneficiaries; One World Projects Adhere to fair trade practices; Connected to artisans worldwide; Promote social and environmental responsibilities; fixed income regardless of output; No breakdown of cost; Lack of personal connections with beneficiaries; Ten Thousand Villages Hosts real life sales festivals, has network of 75 real life stores carrying their products. Targets the USA and Canada.

Relief 2.0 Marketplace Our Value Proposition 1.Traceability of funds*, accountability and transparency of operations. 2.Engagement of communities in disaster areas. 3.Direct/Personal connection with beneficiaries. 4.Promote social entrepreneurship among local communities. 5.Beneficiaries’ income based on the amount of sales. *45% production cost (materials and labor); 25% artisans; 10% local coordinators; 10% administrative fee; 10% operational cost; (exclusive of shipping cost) Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Our Team 1.Carlos Miranda Levy, team coordinator. Google Developing World Scholarship recipient, Digital Vision Fellow at Stanford University, Social Entrepreneur in Residence at National University of Singapore. Founder of successful Web portals and Social Networks engaging 5 million people in the developing world. Extensive field experience with community development and disaster relief. Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Our Team 2. Ren Yue Major in Materials Science Engineering and minor in Economics, NUS; Project manager of Students in Free Enterprise (SIFE) 3. Ng Jia Li Major in Economics and minor in Technopreneurship; Management committee member of NUS Entrepreneurship Society and Economics Society 4. Wong Yuqing Major in Psychology; Research collaboration with Insead on Consumer behavior; Business development executive in AIESEC Startup Validation Camp (7 th to 8 th December 2010)

Relief 2.0 Marketplace Our Partners 1.NUS Enterprise 2.Stanford University Persuasive Technology Lab 3.Give.sg (Donations and e-commerce enabled platform) 4.Educar.org (Social network of over 2 million educators) 5.Civila.com (Social network with over 3 million in the developing world) Startup Validation Camp (7 th to 8 th December 2010)

ENTREPRENEURIAL RESPONSE 2.O COMING TO YOU ON MARCH 2011 THANK YOU