Fundraising Strategy
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Our goal is to raise $1,1 million from the non-profit sector till June 1, 2012. This is the current fundraising strategy and it will developed over time. Everybody is welcome to contribute and help!
Strategy
Create a fundraising team to find Funding Sources appropriate to the OSE Work. Distribute the tasks to the people in the team and start working on them.
Fundraising Status
| Amount | Source | Timing and Comments |
|---|---|---|
| $100k | Kauffman Grant Proposal | Promised, not received yet. |
| $350k | Shuttleworth Fellowship Application | Invited, application to be written till November 1, result will be known till November 30. |
| $550k | USA and European Foundations and Individuals | Read our Fundraising Strategy and help us. |
Short-Term Goals
22. October
- Find at least 7 people for the fundraising team.
- Currently: Nikolay and Will.
- Identify 50 Foundations for OSE in the Prospect Table.
- Write down the value created by the design and prototyping of the machines.
- Team meeting discussing what went good and what was hard. Short-term goals reevaluation and planning for the next 2 weeks.
29. October
- Write to at least 20 identified Foundations.
- Identify 50 more Foundations for OSE in the Prospect Table.
Funding Sources
- USA Foundations (most probable)
- European Foundations (less probable)
- Other Foundations
- Government, in the USA. (less probable)
- Individuals
OSE Work
- local manufacturing
- sustainable agriculture
- ecological housing
- local renewable energy production
- open source hardware and software
- long-term sustainable solutions
- social enterprise
Tasks
- Finding external help or advice for tasks.
- Finding people for the Fundraising Team from USA and Europe.
- Find who is funding good/famous (OS) sustainable projects.
- If an foundation does not accept solicitation requests, ask what the foundation is funding? and after that share what we are doing and see if they have some interest to help us.
- Writing grant proposals.
- Answer to: What value are we creating by open sourcing a specific machine?
for Marcin
- How will be the money spent? A plan for prototyping and documentation, which machines will be developed when.
Other Business Models
- End-User Supported Funding
- Create and grow the network of people, organizations and communities which need a specific machine and want to support its development by funding or other resources.