There are various startups in India that do not have the right mentorship, a platform to leverage their ideas and raise seed funds.
Sensitizing the Indian start-up community to Decentralized Fundraising by hosting integrated workshops and idea showcase programs.
This is the total amount allocated to K SPROUT-Leveraging Indian Startups
India has the 3rd largest startup ecosystem with over 38,000 active startups currently. This is a growing space with more new ideas coming each day. There are many startups that come with great potential but struggle with challenges especially when it comes to fundraising and mentorship.
‘KONMA SPROUT’ is a program that aims to educate aspiring Indian entrepreneurs and startups about decentralized funding and Project Catalyst through various streams.
List of Intended Programs:
We intend to host this workshop every week for a period of 3 months.
These sessions will be a combination of zoom meetings and hands-on training activities using Miro boards and other tools. These sessions will also be hosted offline if there are participants for the same.
The intended schedule to the KONMA SPROUT events is attached as an image.
The proposal is structured in such a way to map the steps taken by the target audience and the following KPI can be measured to ensure the alignment with the proposal brief:
Lack of awareness and inhibitions about decentralized finance and fund raising.
The idea of structing the SPROUT program as a month long initiative is to clarify all inhibitions and questions related to decentralized finance and fundraising.
APRIL 4th WEEK 2022
MAY 1st WEEK 2022
MAY 2nd WEEK 2022
MAY 3rd WEEK 2022
MAY 4th WEEK 2022
MAY 5th WEEK 2022
Same process repeats for JUNE and JULY 2022.
TOTAL BUDGET : $ 24900
$ 2000 x 3 = $ 6000
$ 3000 x 3 = $ 9000
(Clubhouse & Spaces) - $50/hour x 12 weeks x 2 moderators = $ 1200
$500/ 3 sessions in a week x 3 months = $ 1500
*Advitha Ashok, Co-Founder, Head of Operations, Konma
Clinical Nutritionist turned entrepreneur, Blockchain Enthusiast, Content Creator, No-code tool developer
Regional Languages: Malayalam, Hindi, Tamil
*Sathya Vijayan, Head of Konma Flair
Computer Application graduate with 10 years experience in Logistic Supplychain, Train the Trainer, SAP MM Consultant
Regional Languages: Tamil, Kannada, Marathi
*Rakesh Raveendra, Head of Konma Upskill
3+ years of experience in edtech, 18+ years of experience in disliked traditional education, and 5+ years of passion towards developing a right stream/mode of education for learners across the globe.
*Raj Rathaur, Community Manager Intern
Co-Founder at MADADGAAR FOUNDATION, Computer application student, Community Management
*Preethi Prince Mary, Community Relationship Manager, Konma
Commerce with Computer application graduate, Community Management
*Siddharth Muralidhar , Marketing, Konma Global
*Diya Naidu, Marketing, Konma Inc
Success according to us is active participants from India proposing in the upcoming Funds by Project Catalyst and bringing in quality proposals that can add value to the Cardano ecosystem from Indian startups.
This is a new proposal and has not been proposed in the previous funding.
Goal 17. Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development
17.3 Mobilize additional financial resources for developing countries from multiple sources
17.7 Promote the development, transfer, dissemination and diffusion of environmentally sound technologies to developing countries on favourable terms, including on concessional and preferential terms, as mutually agreed
Key Performance Indicator (KPI):
17.5.1 Number of countries that adopt and implement investment promotion regimes for developing countries, including the least developed countries
17.7.1 Total amount of funding for developing countries to promote the development, transfer, dissemination and diffusion of environmentally sound technologies
We are a previously funded team in Fund 7 from India and we hope to pave way to bringing more proposals and ideas from India. We were funded for Konma Labz which is the R&D wing of Konma which has active participation of experts from over 15 sectors who could aid new startups.