Educating young university student entrepreneurs: Creating awareness of the Cardano platform and project catalyst to boost entrepreneurship skills and industrialization.

[GENERAL] Name and surname of main applicant

JOSEPH FRIMPONG ANOKYE

[GENERAL] Are you delivering this project as an individual or as an entity (whether formally incorporated or not)

Entity (Not Incorporated)

[GENERAL] Co-proposers and additional applicants

LUCIA NANA FREMA ANOKYE

[GENERAL] Requested funds in ada

32500

[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

4

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language

No

[GENERAL] Summarize your solution to the problem (200-character limit including spaces)

This project aims to educate 150 young university student entrepreneurs about the cardano blockchain technology and its potential to transform industries with a focus on the cardano ecosystem.

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

Yes

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.”

The project depends on several key partnerships for its success. Collaboration with universities is essential for securing venues and engaging students. The Cardano community will provide valuable mentorship and resources, while funding organizations are needed to cover project costs. Additionally, technical partners will assist in developing educational materials and online platforms. Lastly, engaging with local businesses will help promote the project and offer real-world case studies on using ADA for payments. These partnerships are crucial for bridging the knowledge gap and promoting Cardano adoption among young entrepreneurs in Ghana.

[GENERAL] Will your project’s output/s be fully open source?

Yes

[GENERAL] Please provide here more information on the open source status of your project outputs

The project's outputs will be fully open source. This approach will ensure that educational materials, resources, and any developed platforms are accessible to all, promoting transparency, collaboration, and further innovation within the Cardano community. By making the outputs open source, we aim to encourage knowledge sharing and empower other initiatives focused on blockchain education and adoption.

[METADATA] Horizons

Education

[SOLUTION] Please describe your proposed solution

This project aims to educate 150 young university student entrepreneurs about blockchain technology and its potential to transform industries with a focus on leveraging the cardano ecosystem. Using mentorship programs, specialized training and resources, it will equip students with skills necessary to blockchain based solutions that will help in addressing a global challenge in the industrial sectors especially in Ghana.

The main idea of this program is to combine cardano blockchain education and industrialization which helps entrepreneurship skills among university students and young graduates. With workshops, hand – on – training and the collaboration with industry stakeholders, the program will demonstrate the use of cardano blockchain technology in creating scalable and sustainable solutions to pressing industrial problems.

Below are the key components of the solution

1. Developing a comprehensive blockchain curriculum for young entrepreneurs which focuses on cardano architecture.
2. Offering a blend of online modules and in – person workshops to provide both theoretical and practical skills in developing blockchain solutions.
3. Providing mentorships on how to apply cardano blockchain technology to curb real – world industrial problems to ensure supply chain transparency, and accountability in the production processes.
4. There will be monitoring and evaluation to ensure that the main goal of the project is achieved.

[IMPACT] Please define the positive impact your project will have on the wider Cardano community

Main tentative outcomes

1. There will be several universities student blockchain entrepreneurs with knowledge to develop blockchain solution on cardano to address real world industrial challenges.
2. Promoting the developments of new skills that address specific industrial needs fostering the adoption of cardano.

Advantage for the cardano community

1. Educating over 150 young university student entrepreneurs to increase the awareness of the cardano community by introducing it to new audiences who may or have heard little about the community.
2. It will help encourage young students to contribute to building decentralized application(dApps) on cardano for the industry sectors mostly in Ghana.
3. There will be a growth in the use of cardano for industrialization which will position the platform as a go – to choice for enterprises looking to leverage decentralized technology for industrial applications.

[CAPABILITY & FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability? How do you intend to validate if your approach is feasible?

As a student studying a masters degree in international studies and diplomacy, I have the skills to craft a global strategy for promoting the use of Cardano, especially for the purpose of this project young student entrepreneurs. During my studies, I participated in policy making and research seminar dubbed; Moroccan Social Future: Policy making and research with A & k advisors and MCISE. I have engaged with international stakeholders such as governments, financial institutions, and NGO’s. My diplomatic training enables me to negotiate partnerships, engage with policymakers, and navigate international regulations, especially in developing countries. In fact, my understanding of diplomatic relations allows me to navigate business ideas by individuals and respect local policies while leveraging global best practices and serving the people.

Having a bachelors degree in political science has helped me in my analytical skills in policy evaluation and monitoring of projects.

My role at the parliament house as a research assistant with the social cluster committee as well as my internship at phoenix health insurance demonstrate strong organizational, policy related skills in making this project a success. I am accustomed to working within structured framework and collaborating on socially impacful initiatives, which will be critical in delivering a well coordinated and high impact project. I have also gained experience from working with international organisations such as the United Nation Volunteers where a participated as an accelerator in an online campaign in Asia–Pacific 5 with the ministry of social development and human security Thailand to the sustainable development goals. 

Lucia, who is my co-proposer, is a student at the University of Ghana studying bsc. business administration. She is versed in key business principles, financial management, and strategic planning. The knowledge she has will play an important role in the operational aspect of the project to ensure sustainability. She has experience with Apex Bank PLC, which is the central bank for all rural banks in Ghana. Her experience in this bank is helpful for the management of project funds, stakeholder relationships, and ensuring financial transparency and accountability. 

She serves as a Kufuor foundation scholar, which was founded by the former president of Ghana, His Excellency John Agyekum Kuffour. This has given her the needed skills in public speaking, advocacy, and event management with effective communication with key partners. 

Teaming up with Lucia brings complementary skills, which is essential for the technical aspect of the project. My knowledge and experience with her background in business administration provide and ensure that operational and financial compliance and the ability to engage all stakeholders and partners in order to deliver the project meets expectations.

[PROJECT MILESTONES] What are the key milestones you need to achieve in order to complete your project successfully?

Milestone 1: Planning and Preparation (4 weeks)

Project Objectives: Objectives for a project are set down together with the anticipated results with measurable parameters as well as determining how various players in the project would expect to contribute to it.

Participation Coordination: Ensure that universities, students and potential guests speakers for the workshops are involved securely.

Promotional Materials: Secure posters, flyers, advertisement coupons and other articles that you can pass around so that they can create an advertisement for the event and more people can turn up.

Logistics Planning: Finalizing the venue for in – person / online event to confirm the availability of all the requirements.

Expected output

1.  Outlining the project objectives, expected outcomes and roles of parties involved.
2.  Scheduling specific dates to secure the participation of the university, students as well as venues for the workshops.
3. Making flyers and advertisement on the program.
4. Creating an online platform to online participation.

Acceptance criteria

1. A detailed project plan is documented including clear objectives timelines and roles.
2.  Engagement and participation of young students in the universities.
3. Participants refreshments.

Evidence of the milestone completion

1. Documentation in the form of pdf and videos of the program in a google drive as an evidence for the community.

 

Milestone 2: Curriculum Development and Event Execution (8 weeks)

Curriculum Design: Develop a scheme of learning that will deal with Cardano, and its use in for industrial purposes.

Educational Resources: Develop relevant and downloadable files such as slides, papers, and articles accessible on the web.

Mentorship Network: Develop relations with experienced people and experts in the world of business to help participants and discuss opportunities of using Cardano.

Workshops and Seminars: Arrange and implement educational workshops/ seminars in the universities and make provision for delegates to either attend in person or join the meetings online.

Engagement Activities: Engage the participants: This is in the form of class discussions, practical activities and questioning and answering sessions.

Feedback Collection: Collect participants’ impressions and responses at the time of the events and after with reference to participation and educational activities.

Expected outcome

1. Participants gain the fundamental understanding of cardano and how it can bring about industrialization.
2. They will be able to develop practical blockchain which can help promote3 industrialization
3. Building a community of young student entrepreneurs that will promote industrialization in Ghana.

Acceptance criteria

1. Active participation in workshops and online meetings as well as the completion of educational materials
2. Getting positive feedback from young students who participated on the relevance and applicability of the curriculum

Evidence of milestone completion

1. Documentation of the project submission from the participants
2. Feedback report showing engagement and knowledge acquisition from the program organized.

 

Milestone 3: Evaluation and Reporting (4 weeks)

Impact Assessment: Use survey data and other activity logs to assess the effectiveness of the event in raising awareness and understanding of what Cardano is and does.

Project Completion Report: Create a final report of the project in terms of achievements or results, overall participant activity level, and best practices observed.

Project Completion Video: Produce a video no longer than 5 minutes in length detailing the results/ outcomes and participants’ experiences.

Community Sharing: Disseminate the results, the completion report, and the educational materials with the Cardano community where follow-up assistance for the subsequent projects will be useful.

Expected outcome

1. young university student entrepreneurs showing a significant interest, and understanding as well as cardano and its awareness.
2. Ability to be able to use the cardano blockchain platform to enhance their skills and promote industrialization.

Acceptance criteria

1. In dept understanding of the cardano blockchain platform.
2. Alumni and mentor network is created helping new students in the blockchain technology.

Evidence of milestone completion

1. Pre - event and post - event data survey on the knowledge gained on the cardano blockchain platform.
2. Documentation in the form of pdf and videos of the program in a google drive as an evidence for the community.

[RESOURCES] Who is in the project team and what are their roles?

Joseph Frimpong Anokye - Project Manager and Reseacher

Holding a Master Degree in international studies and Diplomacy

Experienced in leading and organizing projects with strategic

planning and writing reports.

https://www.linkedin.com/in/joseph-frimpong-anokye-38b774207?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

Lucia Nana Frema Anokye - Events and Mentorship Coordinator

studying Business Administration with a concentration in

Accounting.

She is capable of developing and managing mentorship network,

engaging participants and industry experts.

https://www.linkedin.com/in/lucia-nana-frema-anokye-38036326b?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=android_app

[BUDGET & COSTS] Please provide a cost breakdown of the proposed work and resources

 

 Planning Phase (1500 ADA)

• Project Development and Research – (600 ADA) 

Development of projects goals and objectives.

• Engagement of Key Parties, Stakeholders and Interested Parties – 500 ADA

Seek support from the important stakeholders to be involved and speak in the event

• Young university student entrepreneurs Engagement: 400 ADA. 

  The process of creating concerted efforts to enlist and engage students.

 

 Engagement & Event Organization - (24000 ADA)

• Logistics and Venue Rentals– 5 000 ADA 

  Ensure the number facilities and technical equipments needed for a particular   occasion.

• Curriculum Development: 4000 ADA 

  education content that are largely focused on Cardano;

• Multimedia Educational Resources (Documents) - 10000 ADA 

  Build slides, handouts and other digitals documents.

• Refreshments – 5000 ADA 

  Offer refreshments to participants such as food and drinks

 

 Completion and Reporting - (7000 ADA)

• Surveys & Feedback – 3000 ADA 

Communal participant feedback.

• Evaluation & Final Report – 4000 

  Analyze the results of individual projects and prepare a specific report.

 

Total Budget: 32500 ADA

[VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

The cost provided is a well-organized allocation of resources for this project aimed at engaging young university student entrepreneurs with Cardano-based educational initiatives. Here's how the budget represents value for money for the Cardano ecosystem:

 

Project Development and Research (600 ADA)

  Value: Ensuring the project’s goals and objectives are clear is foundational for success. This phase will help define the project’s strategic direction, maximizing impact and ensuring resources are used efficiently. The relatively low cost here demonstrates a lean approach to planning.

 

Engagement of Key Parties, Stakeholders, and Interested Parties (500 ADA)

 Value : Gaining support from stakeholders enhances the project's credibility and reach, fostering partnerships that could sustain it beyond this phase. The cost is reasonable considering the potential for long-term relationships with important influencers in the ecosystem.

 

Young Students Engagement (400 ADA)

Value: Engaging students is crucial for Cardano's growth, as they are likely to be the future builders and users of the ecosystem. This investment is critical for inspiring the next generation of blockchain adopters and developers, making the cost efficient given the long-term potential.

 

Logistics and Venue Rentals (5000 ADA)

Value: Venue and technical equipment are essential for a successful event. By ensuring participants have access to the necessary facilities, the project creates an optimal environment for learning and engagement, which enhances the educational experience.

 

Curriculum Development (4000 ADA)

 Value: Developing a curriculum focused on Cardano directly promotes knowledge dissemination within the ecosystem. High-quality educational content will encourage the use and development of Cardano-related technologies, which provides lasting value to the ecosystem.

 

Multimedia Educational Resources (10000 ADA)

  Value: These materials will serve as reusable resources, potentially benefiting more people beyond the scope of this particular event. Slides, handouts, and digital documents can be shared widely, multiplying the value they bring to the community over time.

 

Refreshments (5000 ADA)

  Value: Providing refreshments ensures participants are comfortable and engaged throughout the event. While this may seem like a high cost, it improves the attendee experience, contributing to a more productive and enjoyable learning environment, which can reflect positively on Cardano as a community-focused ecosystem.

 

Surveys & Feedback (3000 ADA)

 Value: Gathering feedback allows for continuous improvement and understanding of the event’s impact. This data can be used to refine future Cardano-focused initiatives, providing insights that justify this investment.

 

Evaluation & Final Report (4000 ADA)

  Value: A final report will document outcomes, successes, and areas for improvement. This transparency benefits the Cardano community by sharing lessons learned and ensuring accountability. The detailed evaluation can also serve as a template for similar projects in the future.

 

Overall Cost-Effectiveness:

Total Budget (32500 ADA):The project is designed to build knowledge, relationships, and resources that will benefit the Cardano ecosystem in both the short and long term. By investing in education, engagement, and stakeholder partnerships, the project contributes directly to the growth and sustainability of Cardano. Given that blockchain technology thrives on adoption and active participation, every component of the budget is geared towards fostering these outcomes.

  

In conclusion, this project offers value for money by combining education, stakeholder engagement, and infrastructure development in a way that promotes the growth and widespread adoption of Cardano. The budget reflect a balance between immediate needs (events, resources) and long-term benefits (curriculum, partnerships), making it a wise investment for the ecosystem.