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envent.us short presentation
 

envent.us short presentation

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Powerpoint outline of the envent business model.

Powerpoint outline of the envent business model.

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  • The point of this presentation is to receive input and advice about this innovative non-profit idea. I'd like to hear your questions, concerns, and anything you need clarified in the presentation. Today I'll be talking about envent.us, which stands for crowdfunding environmentalism, entrepreneurship, and invention
  • Now that I've discussed the different market segments that envent will be disrupting, I'd like to talk about what envent is. envent is a crowd sourced, crowd funded non-profit endowment that invests in environmental social ventures What do I mean when I say envent is crowd sourced? Envent uses a crowd or "group" of individuals to make decisions for where to invest their donations. What about crowdfunding? Crowd funding is basically crowd sourcing applied to raising money. You collect money from a large pool of donors, who give relatively small donations.  The non-profit endowment is the main mechanism of envent. Donors will be able to interact in an online community to decide what businesses the endowment invests in. envent will be limited to only being able to invest in businesses that have an environmental social entrepreneurial purpose. Those businesses that contribute to displacing negative substances from the environment or those that create environmentally beneficial alternatives to dirty technologies.  
  • So how does envent work? 1. Individuals fund a non-profit endowment with their donations. Once they donate, they can become members of the crowd. For these donations they get voting rights to help decide what businesses the crowd invests in. 2. Then social entrepreneurs post their business plans and compete for the crowds vote. 3. The crowd evaluates the business plans and weighs the profits of the business with the environmental benefit that the business can have.   For example, you have two business plans: Small scale city agriculture, aquaculture (low returns, but you displace travels, oil based fertilizers, etc) Solar Panel manufacturers (high returns, others are interested, but they can choose us instead)
  • 4. Once an entrepreneur wins funding the entrepreneur can immediately leverage the crowd network in things such as word of mouth advertising, soliciting legal advice from lawyers, decision making, market testing, etc. The crowd also can become an immediate customer base for the entrepreneur.   5. Once the venture becomes successful, the entrepreneur will provide envent with its return on investment.   6. Returns are used to grow the size of the fund and to give grants to environmental non-profit organizations.
  • What are the benefits of this model for entrepreneurs? 1. 2. 3. 4. 5. 6. envent wants the business to succeed more then it wants the business to provide a high return on investment. So envent will have less restrictions on pay back... ...
  • Donation as investment: Can bring in a new set of environmentalists who are less likely to invest in non-profits, but like to see business fix problems. Opps for employment: If the businesses grow successfuly, they can start looking for employees in the crowd

envent.us short presentation envent.us short presentation Presentation Transcript

  • envent Business Plan Crowdfunding environmentalism, entrepreneurship, and invention
  • Business Concept: envent
      • envent is a:
        • crowd sourced
        • crowd funded
        • non-profit endowment
        • that invests in environmental social ventures
  • Business Concept: envent
      • Crowd funds non-profit endowment
      • Entrepreneurs post business plans
      • Crowd evaluates plans and chooses where to invest based on:
        • Profit objective
        • Environmental benefit
  • Business Concept: envent
      • Entrepreneur leverages the power of the crowd in decision making, marketing, etc .
      • Entrepreneur pays back return
      • Returns are used to:
        • Grow the fund
        • Grant to environmental non-profits
  • Benefits for Entrepreneurs
      • Crowd as knowledge bank
      • Crowd as customers
      • Crowd as word of mouth advertiser
      • Cost effective alternative
      • Business can advertise that some profits will go to non-profit work
      • Less restrictions on payback period
      • Less restrictions on investment liquidation strategies
  • Benefits for Donors
      • New mechanism for action
      • Donation works in perpetuity
      • Donation as investment in future economic prosperity
      • Help decide where money is spent
      • Showcase expertise
        •   Job prospects
      • First in line for non-profit grants
  • Resource Requirements
      • Online community means a low overhead expense
        • Drupal based
        • Low maintenance once set up
      • No physical space required
      • Very few employees needed to maintain the organization
  • Conclusion
      • envent serves two functions
        • For profit - invest in socially responsible entrepreneurs
        • Non profit - give back to the community
      • envent combines the best of both worlds