120 likes | 331 Views
Haja | Sunita. Outline. Current Business Model SWOT Analysis Growth Options Strategy Advantages Disadvantages Internship Opportunity. Business Model. Non-profit Organizations. Integrate. Altruja Fundraising System. Promotes. Supporters. Business Model.
E N D
Outline • Current Business Model • SWOT Analysis • Growth Options • Strategy • Advantages • Disadvantages • Internship Opportunity
Business Model Non-profit Organizations Integrate Altruja Fundraising System Promotes Supporters
Business Model • Sponsored by : Exist-up grant from the Federal Economics Ministry and the European Social Fund grant over € 94,000 EUR • Investors: High-Tech Startup Fund, Bavaria seed funds, business angels Dr. Kirchner and Dr. Ferber • Target Customers : Non-profit organizations • Revenue: Transaction fees of incoming donations • Cost: Operational costs (e.g. salary), enhancing software, Conducting workshops, seminars & lectures
Growth Options • Expanding to Asian regions • 590 million people in Southeast Asia • Most still in developing stage • No online fundraising platform focused on South East Asia
Strategy • Set-up regionalization development team in Singapore • Partner with Institutes of Higher Learning to tap onto opportunities and resources available for students • Example: Institute of Innovation and Entrepreneurship in SMU • Potential SPRING funding
Advantages • Anyone including foreigners can set up and operate a business • Well regulated economy • Foreign companies who setup a Singapore subsidiary company enjoy tax resident status • world-class infrastructure • Located at the heart of the Asia Pacific region • Allows a corporation to be a 100% foreign-owned company
Disadvantages • Foreign businesses with a Singapore branch office are also required to file the audited accounts of their parent company • Foreign companies should designate at least one director who is a Singaporean citizen or a holder of Singapore Employment Pass, Entrepass, or Dependent Pass. • A general meeting must be held on an annual basis • High cost of living
Internship scope • Market the solution to Singapore market • Research and provide roadmap for setting up a regional office in Singapore • Market segment • Source funding • Set-up office • Potential partnership with Institute of Higher Learning