Scaling the Solution: How do you intend to scale your activities over the next two years (e.g., reach new markets, diversify solutions, etc.)? What will make this possible?
Over the next two years I would like to hire a construction team, ideally derived from the local populations I work with, that can efficiently construct my system in new communities. By partnering with executives in telecommunications companies working in multiple nations the solution can be spread efficiently. What will make this possible is the proof that this solution works and makes a profit for telecommunications companies by expanding their base of active subscribers.
Financial Sustainability: What is your business model to ensure financial sustainability?
Our for-profit business model reduces the cost of expanding a subscriber-base for a telecommunications company. We would essentially work as contractors for telecoms that specialize in rural development and installation. This specialized skill and the substantial savings we can offer makes our business model realistic. 40% of revenue will be invested in construction projects and 60% will be used for business expansion and development.
Experience: Please provide examples of any previous entrepreneurial initiatives you have pioneered.
While in the Peace Corps, I formed a business with about 200 indigenous artisans. We distributed their crafts to gift shops throughout the country, profiting over $15,000 in an area where the average family of eight lives on about $200 a month.