Feb
02/10
Day 2: Venture Updates
Last Updated on Tuesday, 2 February 2010 06:37
Written by
Tuesday, 2 February 2010 06:37
While D.C. was getting blasted with 6-8 inches of snow, Scramblers stayed focused on venture planning…

The morning kicked-off with Stephen Douglass (Chief Impact Officer, Young Impact) and Charles Tsai (Ashoka’s Youth Venture and Global Youth Fund) reviewing business planning tools (Funding Roadmap and Global Youth Fund Pitch Template).   Building off of Friday evening’s activities, Venture teams continued to distill organization from chaos.  Of the 21 concepts pitched, partipantes drilled down the field to 12.
Scramblers are dealing with very real venture planning issues–team dynamics, varying levels of energy and focus, learning one another’s core competencies, and finding ways to compensate for deficiencies in skill sets.  The micro-negotiations that occurred within groups throughout Saturday were a direct reflection of this.  Saturday was pivotal for teams’–much of the groundwork was laid to advance their concepts and begin hatching out the missions, visions, operations, marketing and outreach strategies, financials, and sustainability plans.
Saturday’s MBA/Young Professional panel was pushed to Sunday morning as a result of the inclement weather. The following 12 ventures pitched:

Butterfly Ventures
Butterfly Ventures connects student organizations at universities across the country with micro-entrepreneurs across the world by utilizing the idle capital of student organizations and investing it as micro-loans for individuals starting a business.

iEquate
Too many people are stuck in jobs that do not energize them, jobs that they dread, and professions in which they do not see a future. But Why? iEquate focuses on identifying and developing the passions of young adults in Memphis, TN ages 18-24 into professional careers.

Joinery
Joinery is a social networking platform under development aiming to connect donor groups in the developed world with specific endogenous development projects.  Donor groups are united by interest, and not necessarily by location.  We will create value for our users by offering complete transparency – a donor’s money goes to a specific project, not a nonprofit’s general fund.

FLOW (Financial Literacy Outreach Works)
Educating students how to free themselves  from debt so they can invest in the future

  • Twitter.com/OurFlow

Global link
Global Link is a networking and consulting tool for both non-governmental organizations and their active supporters. Global Link’s main objective is to improve overall communication and efficiency among NGOs and their advocates.

  • Twitter: http://www.twitter.com/The_GlobalLink
  • Blog: thegloballink.blogspot.com

RE: Action Strategy
Consultants for non-profits to reinvent the relationship between organizations and donors with feedback loops.

  • Twitter: http://www.twitter.com/reactiongroup

Greenfinity

Greenfinity is a green consulting firm in Washington DC.  We work with large businesses in the DC area to develop and implement green business strategies that result in greater profits for the company and a positive brand image.

T4T
The purpose of our organization is to empower communities through education.  We will solicit students to donate textbooks to the organization. The textbooks will be resold and the revenue will be used to invest in technology. This means extending internet access to schools and expanding the resources available for teachers and students in underfunded districts.

  • Twitter: http://www.twitter.com/TextsForTech

ThroughSchool
To help students realize the overall purpose of their educational career and facilitate their understanding of the importance of the steps required to achieve their goals.  Additionally, the site is intended to provide a useful and insightful flow of information for students who have a void in this area.Description: To help students realize the overall purpose of their educational career and facilitate their understanding of the importance of the steps required to achieve their goals.  Additionally, the site is intended to provide a useful and insightful flow of information for students who have a void in this area.Blog:  http://www.throughschool2.blogger.comTwitter:

  • http://www.twitter.com/throughschool

Surplus
Composting/entrepreneurship education and partnership program run by students at Howard University

Spare Our Green

Increased interest in environmental clubs, particularly at the college level, has untapped potential. Our website provides a central platform that provides organizations/clubs a risk free opportunity to better communicate with members and reach a wider audience by providing clubs with home-pages (affiliated with the Spare Our Green website) where they can promote their causes, advertise events, keep a blog, and interact with other clubs. Spare Our Green is unique because it mixes individual clubs into an environmentalism network which will create a ‘green hotspot’ on the web where users go to get the latest news, find events, buy money saving and green products, get tips and project ideas, and keep track of their clubs. And as a central location, Spare Our Green, will allow users to feel in touch, informed and involved, which facilitates the promotion and coordination of initiatives, or the efficiency of ideas into actions, by breeding community interaction based around a common and heartfelt social cause.

  • Twitter: http://www.twitter.com/SpareOurGreen
  • Facebook: Spare Our Green
  • Blog: http://spareourgreen.blogspot.com/

Hava Nepal

Hava Nepal exists to train women to empower women for purposeful participation in a free and equal Nepal. Through a series of workshops, participants will be equipped with the skills required to occupy leadership positions among their peers as they enter university and the workforce. Grassroots level group projects will encourage social entrepreneurship and challenge the participants to become stakeholders in their community and agents for change.





2 Comments
  1. CommentsBlake Jennelle (The Blog) » Startup entrepreneurship and the soul of Washington DC   |  Friday, 05 February 2010 at 2:04 am

    [...] students, representing most of the major DC colleges, launched 12 social ventures ranging from the iEquate – an initiative local to Memphis, Tennessee that helps young adults find jobs they are actually [...]

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