Civicrowd

Sep 22, 20140 likes469 views

CIVICROWD is a civic crowdfunding platform that connects citizens and local governments. It allows citizens to invest in and prioritize public projects in their communities, while providing additional funding for cities. Citizens can post ideas for projects and "like" priority projects, and cities can post projects seeking funding. The platform aims to increase transparency, interaction, and engagement between citizens and their local leaders. It seeks to launch first in Berlin and expand to three more European cities within three years.

Problem
For Citizens
?Difficult to invest in communities
?Cannot invest in public projects
?Cannot communicate their priorities of projects
For Cities
?In Debt �Cnot enough money for all projects
?No real time interaction with Citizens
?Low transparency

Solution
CIVICROWDis a crowdfunding platform which connects Citizens with their local government
The of Government

Solution
Cities
Citizens
CrowdfundProjects
Post Project Ideas
��Like�� Projects they Prioritize
Post Projects with funding needs
Approve Projects
Give Feedback to Ideas
Transparency
Interaction
Results

VISION
?Become the biggest civic crowdfunding platform in Europe
?Introduce product in Berlin and scaleto 3 more hubs in Europe within 3 years: Madrid, Paris, Lisbon

Created with Haiku Deck
Building Blocks
1. Key Partners
2. Key Activities
3. Value Proposition
4. Customer Relationship
5. Customer Segments
7. Channels
6. Key Resources
8. Cost Structure
9. Revenue Streams
?Municipalities / local government
?Companies, NGOs, charities
?marketing
?Platform R&D
?Partnership development
?Accompany projects
?Empowers citizens to invest in their community
?Additional financing source for cities
?Allows for higher interactivity with citizens
?creates transparency
?creates link between government and citizen
?Analysis of what the citizens priority projects are
?Project setup support
?campaign advisory and services
?Social media support
?Municipalities/ local government
?citizens, corporations, philanthropic organizations etc.
?Crowdfunding platform
?Marketing and education platform
?Online social networks
?Platform development and maintenace
?Marketing and customer education costs
?staff salaries
?networking and time
?Crowdfunding platform
?Social Media
?Word of mouth
?Partner programs
?Project comissions
?8% per project funded of which 3% for payment system 5% for Crowdfunding platform
?Whitelabeling

MARKET
Crowdfunding Worldwide
$3 billion
yearly crowdfundedworldwide
$1 billion
Donation Based
$10m
of which
Of which
Civic Crowdfunding since existence in 2012
Civic Crowdfunding is at an infant stage. Penetrating the market now will be important to have a strong presence in 3 years.
58% annual growth rate

MARKET
In 2013 crowdfunding in Germany grew by 175%to �5,36m.
Crowdfunding in Germany
Competition:
?Civic Crowdfunding platforms worldwide: Citizinvestor(USA), ioby(USA), Neighbor.ly (USA), Spacehive(UK)
?Germany: There is no Civic Crowdfunding platform in Germany as of now. ��Place2help�� is a civic crowdfunding platform which has not launched a product yet though

FUNDING
Seed Financing:
Raising �150. 000
Already confirmed: �30. 000
Money Used For:
Build Platform and Whitelabelingservice.
The Seed financing round would cover the first year of business until the platform gets traction.

TEAM
?Andreas Weigand holds a Master in Finance with focus on entrepreneurship from IE Business School (ranked nr. 3 worldwide according to Financial Times ranking 2014). Andreas worked within the finance industry at various banks and was at last a Senior Consultant at FactSetin Frankfurt. At FactSethe had to work close with Product development and learned how technology and finance come together to deliver an innovative product.
?Meanwhile he set up various civic projects being the charity coordinator for FactSetin Germany.
?Recently, Andreas wrote a research paper on Crowdfunding and its impact on development together with the University of Brasilia (UnB). Meanwhile he studied economic development and institutional innovation within post graduate classes at the UnB.
A 30 page Business Plan based on the book ��BuisnessGeneration�� is at hand. For further consideration please contact me at:
weigandan@gmail.com

The document proposes a civic crowdfunding platform called CIVICROWD that connects citizens with their local governments. It aims to address problems faced by both citizens and cities by allowing citizens to invest in community projects and giving cities additional financing sources while improving transparency and interaction. The platform would allow citizens to post and fund project ideas and give feedback, and cities to post funding needs, approve projects, and gain insights into citizen priorities. The business model involves charging commissions on funded projects to support platform development and maintenance.

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Civicrowd

1. By Andreas Weigand

2. Problem For Citizens ?Difficult to invest in communities ?Cannot invest in public projects ?Cannot communicate their priorities of projects For Cities ?In Debt �Cnot enough money for all projects ?No real time interaction with Citizens ?Low transparency

3. Solution CIVICROWDis a crowdfunding platform which connects Citizens with their local government The of Government

4. Solution Cities Citizens CrowdfundProjects Post Project Ideas ��Like�� Projects they Prioritize Post Projects with funding needs Approve Projects Give Feedback to Ideas Transparency Interaction Results

5. VISION ?Become the biggest civic crowdfunding platform in Europe ?Introduce product in Berlin and scaleto 3 more hubs in Europe within 3 years: Madrid, Paris, Lisbon

6. Created with Haiku Deck Building Blocks 1. Key Partners 2. Key Activities 3. Value Proposition 4. Customer Relationship 5. Customer Segments 7. Channels 6. Key Resources 8. Cost Structure 9. Revenue Streams ?Municipalities / local government ?Companies, NGOs, charities ?marketing ?Platform R&D ?Partnership development ?Accompany projects ?Empowers citizens to invest in their community ?Additional financing source for cities ?Allows for higher interactivity with citizens ?creates transparency ?creates link between government and citizen ?Analysis of what the citizens priority projects are ?Project setup support ?campaign advisory and services ?Social media support ?Municipalities/ local government ?citizens, corporations, philanthropic organizations etc. ?Crowdfunding platform ?Marketing and education platform ?Online social networks ?Platform development and maintenace ?Marketing and customer education costs ?staff salaries ?networking and time ?Crowdfunding platform ?Social Media ?Word of mouth ?Partner programs ?Project comissions ?8% per project funded of which 3% for payment system 5% for Crowdfunding platform ?Whitelabeling

7. MARKET Crowdfunding Worldwide $3 billion yearly crowdfundedworldwide $1 billion Donation Based $10m of which Of which Civic Crowdfunding since existence in 2012 Civic Crowdfunding is at an infant stage. Penetrating the market now will be important to have a strong presence in 3 years. 58% annual growth rate

8. MARKET In 2013 crowdfunding in Germany grew by 175%to �5,36m. Crowdfunding in Germany Competition: ?Civic Crowdfunding platforms worldwide: Citizinvestor(USA), ioby(USA), Neighbor.ly (USA), Spacehive(UK) ?Germany: There is no Civic Crowdfunding platform in Germany as of now. ��Place2help�� is a civic crowdfunding platform which has not launched a product yet though

9. FUNDING Seed Financing: Raising �150. 000 Already confirmed: �30. 000 Money Used For: Build Platform and Whitelabelingservice. The Seed financing round would cover the first year of business until the platform gets traction.

10. TEAM ?Andreas Weigand holds a Master in Finance with focus on entrepreneurship from IE Business School (ranked nr. 3 worldwide according to Financial Times ranking 2014). Andreas worked within the finance industry at various banks and was at last a Senior Consultant at FactSetin Frankfurt. At FactSethe had to work close with Product development and learned how technology and finance come together to deliver an innovative product. ?Meanwhile he set up various civic projects being the charity coordinator for FactSetin Germany. ?Recently, Andreas wrote a research paper on Crowdfunding and its impact on development together with the University of Brasilia (UnB). Meanwhile he studied economic development and institutional innovation within post graduate classes at the UnB. A 30 page Business Plan based on the book ��BuisnessGeneration�� is at hand. For further consideration please contact me at: weigandan@gmail.com

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