Introduction
The information below was submitted to Business Impact NW for their IMPACT Pitch 2024 contest.
The Value Proposition was allowed up to 1,700 characters, and the Community Impact could be up to 3,800 characters. However, the submission form only accepted approximately 800 characters for the Value Proposition and 3,100 characters for the Community Impact, respectively… so, Google Gemini helped summarize them.
The full versions were e-mailed to BINW though… and now they know about a bug in their form!
Tell us more about the goals and outcomes you are seeking for your business, and how Business Impact NW may be able to support them.
My primary goals are to build a team, validate the feasibility of our distributed cooperative business platform with subject matter experts and industry leaders in law, law, finance, and cooperative governance for development and implementation, and to build a robust support and mentorship network.
Business Impact NW can facilitate introductions to these relevant experts, provide strategic resources, and offer guidance to enhance our potential for success and sustainability.
Your support is crucial for refining our model and preparing for a successful launch that has the potential to significantly impact local economic development. This is especially important given all the Credit Union contributors who participate. :)
Describe Your Business’s Current or Future Products or Services
We are building a comprehensive platform to dramatically simplify and support the formation and operations of intentionally small, local, democratically governed ventures. Our key services include:
Think Tank: Focusing on systems design, intellectual property, and governance frameworks.
Incubation: Providing business planning, funding assistance, and mentorship.
Integration: Deploying tools that support dynamic contracts, financial management, blockchain, and network interaction.
Central to our platform will be an app that integrates the entire process: finding like-minded people, accessing education, passing Know Your Customer checks, starting their business with a tap, and managing the enterprise through features that make running your venture as easy as using an online bank account.
Value Proposition
provide.io offers a platform for anyone to launch a collaborative, dynamically governed small business with friends. Our intuitive app guides you through finding like-minded people, accessing education, and starting a business with just a tap. It integrates banking services and tools for managing your business — including dynamic contracts, operational templates, accounting, and community management.
Your venture becomes part of an Integrated Cooperative Network — providing enhanced safety and support. This network facilitates dynamic asset allocation and resource balancing, ensuring stability and resilience. You can vote and participate — promoting fair governance and collective decision-making within the network and your ventures.
We offer gamified micro-learning experiences based on behavioral sciences — building skills in emotional intelligence, conflict resolution, leadership, and business management. By incorporating game-like elements, we make learning engaging and up-to-date, helping your team work smoothly and your business remain sustainable.
We leverage automation and advanced technology to streamline processes, giving you more time to focus on growth. With provide.io, turn ideas into thriving businesses that enrich your community and drive local economic development.
Instead of traditional corporate and cooperative structures, we strategically use LLCs to ease and speed up organizing and distributing your ventures. This simplifies business management, making it viable in most states. Initially, we’re focusing on proof-of-concepts that are remote or in Portland, Oregon, until voted viable.
We provide support, so you can learn autonomy.
Value Proposition - Gemini Advanced Summary
provide.io simplifies launching collaborative, dynamically governed small businesses with integrated tools and support, so participants automatically gain access to resources, knowledge, and a supportive network. Our app combines practical business features with gamified learning experiences, so that users can develop both their ventures and their skills simultaneously. We structure ventures as LLCs within an Integrated Cooperative Network, initially focused on Portland, Oregon, so that participants can benefit from simplified management, collective resources, and a supportive community while building autonomous, sustainable businesses that contribute to local economic growth and social well-being.
Community Impact
provide.io aims to revolutionize how collaborative, dynamically governed small businesses are formed and operated — creating a significant community impact. Our three-stage development — Think Tank, Incubator, and Integration Services Provider — will generate scalable impact across economic, social, environmental, and geographic dimensions.
We are dedicated to providing you with the tools and knowledge to achieve autonomy while pursuing your passions. By baking learning into the business creation process, we empower you to build sustainable ventures aligned with you, and your teams, interests and values.
Our approach begins by dissecting the proven strategies of successful corporations, uncovering the secrets behind their growth while exposing their often heartless pursuit of profit over people. By carefully reverse-engineering these models and making them open-source, we aim to level the playing field, democratizing access to time-tested strategies for aspiring entrepreneurs. This empowers individuals to build thriving ventures based on these adapted blueprints, fostering a new wave of independent, community-driven businesses.
Phase 1: Think Tank (Months 0-6)
Focus: Concept Validation, Model Development, and Educational Content Creation
Business Model Research and Development: Identify and analyze successful enterprise models, develop open-source templates and guides, and create educational content on collaborative economics and business skills.
Learning Integration and Autonomy Assessment: Design mechanisms to embed learning into business operations and measure their effectiveness in promoting autonomy.
Community Needs and Impact Potential: Survey target communities, gauge interest levels from potential early adopters, and collect expert predictions on the potential impact.
Phase 2: Incubator (Months 7-12)
As we begin to support the formation of collaborative businesses:
Learning and Autonomy in Practice: Assess how effectively participants are learning and achieving autonomy, and track adoption of collective decision-making.
Model Adoption and Customization: Monitor early adoption, measure adaptations and innovations made to our models, and track resource sharing and collaboration.
Sustainability and Innovation: Survey adoption of sustainable practices and measure innovative products or services launched.
Phase 3: Integration Services Provider (Months 13-18)
As our network begins to scale, we will shift our focus to measuring and amplifying our impact:
Model Efficacy and Economic Impact: By comparing success rates of provide.io businesses to industry averages and tracking local economic multiplier effects, we can quantify the tangible economic benefits our model brings to communities.
Community Empowerment and Autonomy: We will assess improvements in business acumen and self-reliance, gauge community engagement, and evaluate the growth of autonomous, passion-driven businesses to understand how our platform is fostering a more equitable and vibrant local economy.
Sustainability and Scalability: Tracking adoption rates of sustainable practices and measuring the scalability of our models across different contexts will ensure our impact is not only meaningful but also enduring and far-reaching.
Throughout all phases, we will implement a real-time data dashboard, regular impact reports, participatory evaluation, and adaptive strategy refinement. This iterative approach ensures we remain agile, continuously learning and refining our models to maximize our positive impact on individuals, communities, and the environment.
If successful, the potential economic impact will be vast. The scalability and adaptability of our models could transform local economies, promising a brighter future for all.
Community Impact - Gemini Advanced Summary
provide.io revolutionizes how small businesses are formed and operated, fostering significant community impact. Our three-phase development – Think Tank, Incubator, and Integration Services Provider – generates scalable economic, social, environmental, and geographic impact.
We empower individuals to build sustainable, passion-driven ventures by integrating learning into the business creation process. We reverse-engineer successful corporate strategies, making them open-source for aspiring entrepreneurs.
Phase 1: Think Tank (0-6 months) validates our concept, develops models, and creates educational content. We research business models, design learning mechanisms, and assess community needs.
Phase 2: Incubator (7-12 months) supports collaborative business formation, tracks learning and model adoption, and measures sustainability and innovation.
Phase 3: Integration Services Provider (13-18 months) focuses on scaling impact, quantifying model efficacy and economic impact, assessing community empowerment, and tracking sustainability.
Throughout, we implement a real-time data dashboard, impact reports, and participatory evaluation to ensure we remain agile and responsive to community needs. Our approach fosters a network of autonomous entrepreneurs contributing to resilient, inclusive, and sustainable local economies.
Key metrics across phases include:
- Number and diversity of businesses formed
- Engagement with educational content
- Adoption of sustainable practices
- Inter-business collaboration rates
- Community reinvestment percentages
- Local economic multiplier effects
By open-sourcing successful business models and empowering individuals with the tools for autonomy, provide.io aims to create lasting positive impact in communities, driving innovation, sustainability, and economic resilience.