Capstone Final Presentation V1
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Capstone Final Presentation V1 Presentation Transcript

  • 1. LAM-TECH Foundation Inc.
    Summary of Business Plan
    Presented by Tamba Lamin
    Dedicated to helping under-served students, teachers, and communities in West Africa through innovative renewable energy and low power computing solutions
  • 2. Agenda
    • Executive Summary
    • 3. Organization and Program Description
    • 4. Marketing Plan
    • 5. Development & Growth Plan
    • 6. Leadership and organization structure
    • 7. Critical Risks
    • 8. Financial Plan
    • 9. Works Cited
    ASUS
    NComputers
    ASUS
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 10. Executive Summary
    • Science and technology education is poor
    • 11. limited use of science and technology tools
    • 12. Target Beneficiaries
    • 13. Under-served students, teachers & communities in West Africa
    • 14. Competitive Advantage
    • 15. Use computers, printers, copiers and network devices with the lowest power consumption in their class
    • 16. Industry and Competitor Analysis
    • 17. We don’t have competitive.
    • 18. We will create strategic partnerships with educational institutions, governments, companies and other non-for-profit organizations with similar aims & objectives
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 19. Organization & Program Description
    • We are a Non-For-Profit Foundation
    • 20. Problem Statement
    • 21. Lowest PC and internet penetration ratio in Africa and the world at large.
    • 22. Very striking international differences in access to computers and the Internet.
    • 23. “this global digital divide may hinder the ability of non-industrialized economies to 'catch up' with the living standards and productivity of the industrialized world
    • 24. The high cost of personal computers and internet connectivity remains a major challenge
    • 25. Our goal as an organization is to bridge the digital divide in West Africa through the use of ICT in education.
    • 26. Business Strategy
    • 27. Focus on people development, renewable energy solutions, low power PCs and innovative management processes
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 28. Leadership & organization structure
    Team of experts from different disciplines of life but with heavy emphasis on those educated and working in the ICT field.
    Board of Directors will consist of;
    Science and technology curriculum development
    Renewable energy product development
    Education policy development strategy
    Research and Development experts
    Grant proposal writing experts
    Financial management experts
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 29. Education statistics of Sierra Leone
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 30. Sierra Leone Education Statistics
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 31. Financial Plan
    Need approximately $300,000 startup funding for the first three years.
    This amount will be used to buy office equipments, rent office space, pay salaries and operating expenses.
    Individual members will include board members, executives, volunteers in the Diaspora and West Africa. Fees: $100/year.
    Corporate members will include institutions, non-profit organizations, corporations, foundations, foreign missions of West African countries and etc.
    Membership due of $500/year
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 32. 12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 33. The Low Power PC Advantage
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 34. Sample Low power PCS
    Asus, Fit-PC, Aleutia, Ubiguiti Networks, Inveneo Stations
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 35. What’s happening in East Africa
    Kenya, Tanzania, Uganda
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 36. Marketing Plan
    Focus on awareness raising campaigns to educate the communities about the benefits to be gained when ICT is used as a tool in education.
    We will market our programs to attract donors through
    Social media
    Search engine advertising
    Letters of intents for proposals
    Newsletters,
    Flyers
    Billboards
    Social fundraising events and
    Word of mouth.
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 37. Typical Operations Flow diagram
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 38. Development & Growth Plan
    • Will be operating in 20 countries.
    • 39. The first national organization will be formed in Sierra Leone
    • 40. Followed by Liberia, Guinea and etc.
    • 41. The first program to be launched will be the ICT Resource center.
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 42. Development Time Line
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 43. Critical Risks
    Competition and new entrants in the market
    Security for the ICT Resource centers
    Political instability in the countries
    High cost to clear goods at the port
    Government policies
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 44. Assumptions
    Capital to fund the organizations activities will be receive upfront before the opening month
    Prices quoted in the startup summary are base on the prices of goods and services as of the date of this business plan
    20% was adding from year to year to compensate for high inflation in Africa
    Products and services to be used in Sierra Leone will be purchase in Sierra Leone instead of the United States
    The cost will include any miscellaneous charges to be incurred to procure, install and setup office equipments
    The home office in New York will be paid for by the Chairman/CEO as part of his donation to the organization
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 45. Summary & Conclusion
    Why? (West Africa – 16 countries) – SL & Niger (DHI 2009)
    No standard policy for the use of ICT in schools
    Very low rate of science and technology graduates
    PC & internet penetration is the lowest in the world
    Mission
    The Mission is to promote and increase the penetration ratio of science, information technology and computer science education to under-served students, teachers and communities in West African countries
    Main projects to solve the problem
    ICT Resource centers
    ICT clubs
    One computer per home
    ICT & renewable energy research institute
    Vision
    To become the Premier Professional Science, Information & Communications Technology & renewable energy Research Institute for schools in West Africa
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 46. Works Cited
    BARANSON, JACK. "TECHNOLOGY TRANSFER THROUGH THE INTERNATIONAL FIRM." American Economic Review. International Bank for Reconstruction and Development.
    BELL, MARTIN and ANABEL MARIN. "Where Do Foreign Direct Investment-Related Technology Spillovers Come From in Emerging Economies? An Exploration in Argentina in the 1990s." European Journal of Development Research. Frank Cass & Company Ltd.
    Braima, Samuel Jamiru, et al. 2004 Population and Housing Census Report on Employment and Labour. Freetown: Statistics Sierra Leone, 2006.
    Dupigny (PhD), Albert C. T., Ibrahim G. Kargbo and Alimamy Yallancy. 2004 Population and Housing Census Report on Education and Literacy. Freetown: Statistics Sierra Leone, 2006.
    Garduño, Eric. "Rethinking TT Metrics for Developing Countries." Innovation Matters (2004).
    —. "SOUTH AFRICAN UNIVERSITY TECHNOLOGY TRANSFER: ACOMPARATIVE ANALYSIS." Wasington DC: International Intellectual Property Institute, January 2004.
    Garnsey, Elizabeth. "An Early Academic Enterprise: A Study of Technology Transfer." Business History. London: University of Cambridge, 1992.
    Griffith, David A., Ali Yavuz Zeybek and Matthew O'Brien. "Knowledge Transfer as a Means for Relationship Development: A Kazakhstan-Foreign International Joint Venture Illustration." Journal of International Marketing (2001).
    Harvard Business Review. "New TecKnologies for Emerging Economies." Thinking Ahead. HBR, 1961.
    HASPER, MICHAEL. "GREEN TECHNOLOGY IN DEVELOPING COUNTRIES: CREATING ACCESSIBILITY THROUGH A GLOBAL EXCHANGE FORUM." DUKE LAW & TECHNOLOGY REVIEW (2009).
    Koroma, Desmond S., Abu Bakarr Turay and Mohamed B Moigua. 2004 Population and Housing Census Report on Projection for Sierra Leone.pdf. Freetown: Statistics Sierra Leone, 2006.
    Lahai (PhD), Bernadette, Ibrahim J. Sannoh and Sheikh I. Koroma. 2004 Population and Housing Census Report on Agriculture. Freetown: Statistics Sierra Leone, 2006.
    Layton, Ron and Peter Bloch. "IP DONATIONS: A POLICY REVIEW." IP DONATIONS: A POLICY REVIEW. Wasinghton DC: International Intellectual Property Institute, January 2004.
    —. "Please Donate Patents on the Shelf;Tax benefits can be Focused for Greater Good." Legal Times Magazine. Legal Times Magazine, 15 March 2004.
    Li-Hua, Richard and Hendrix A Odigie. "Unlocking the Channel of Tacit Knowledge Transfer." Unlocking the Channel of Tacit Knowledge Transfer. 2009.
    Mangesi, Kofi. "SURVEY OF ICT AND EDUCATION IN AFRICA: Sierra Leone Country Report." 2007.
    Mottner, Sandra and James P. Johnson. "A Review and Implications for Licensing to Transitional and Emerging Economies." Motivations and Risks In International Licensing (n.d.).
    Mugabe, John. "FOREIGN DIRECT INVESTMENT, R&D AND TECHNOLOGY TRANSFER IN AFRICA: An Overview of Policies and Practices." 2009.
    Paul Budde Communication Pty Ltd. Sierra Leone - Telecoms Market Overview, Statistics & Forecasts. Australia: Paul Budde Communication Pty Ltd, 2008, 2009.
    Pro Inno Europe, Inno Views. "Emerging Economies (BRIC* Countries) and Innovation "Implications for innovation policies in Europe"." Background and Scope. Brussel: Pro Inno Europe, 2009.
    Rebentisch, Eric. "New Insights Into the International Technology Transfer Process." Cambridge.
    Simpson, Brent. "Technology Transfer and Dissemination: A Contribution to the West Africa RegionalProgram Action Plan for the Initiative to End Hunger in Africa." Agricultural Policy Development Program. Bethesda, December 2002.
    STATISTICS SIERRA LEONE. CENSUS OF BUSINESS ESTABLISHMENTS 2005. Freetown: STATISTICS SIERRA LEONE, 2006.
    Statistics Sierra Leone. "CONSUMER PRICE INDEX (CPI) JUNE, 2009: PRESS RELEASE." Freetown: Statistics Sierra Leone, 17 July 2009.
    —. Sierra Leone Integrated Household Survey (SLIHS) 2003/04. Freetown: Statistics Sierra Leone, 2007.
    —. Statistics Sierra Leone – Annual Statistics Digest 2005/2006. Freetown: Statistics Sierra Leone, 2009.
    Tatikonda, Mohan V. and Gregory N Stock. "Product Technology Transfer in the Upstream Supply Chain." Product Innovation Management. Product Development & Management Association, 2003.
    Technology Transfer Principle & Strategy . 2009.
    Technology Transfer Tactics. "Technology Transfer Tactics." Technology Transfer Tactics April 2008: 64.
    Technology, Interavia Business and. "Double-edged globalisation." Interavia Business and Technology. Aerospace Media Publishing.
    The Fundamental Principle & Strategy of Technology Transfer. 2009.
    Thomas (PhD), Armand, Veronica M. MacCormack (Mrs.) and Peter S. Bangura. 2004 Census Report on Population Size Age and Sex Structure. Freetown: Statistics Sierra Leone, 2006.
    Ueno, Takahiro. "Technology Transfer to China to Address Climate Change Mitigation." U.S. Global Leadership: An Initiative of the Climate Policy Program at RFF. Resources for the future, August 2009.
    WALKER, ANDY. "TECHNOLOGY TRANSFER: STRATEGY, MANAGEMENT, PROCESS AND INHIBITING FACTORS. A STUDY RELATING TO THE TECHNOLOGY TRANSFER OF INTELLIGENT SYSTEMS." London: Imperial College Press, March 2000.
    Yamakawa, Yasuhiro, Peng W Mike and David L Deeds. "What Drives New Ventures to Internationalize from Emerging to Developed Economies?" ENTREPRENEURSHIP THEORY and PRACTICE. Baylor University, January 2008.
    Zhang, Wei and Robert Taylor. "EU TECHNOLOGY TRANSFER TO CHINA The automotive industry as a case study." Journal of the Asian Pacific Economy (2001).
     
    12/5/2009
    http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
  • 47. Q&A