capstone final presentation v1
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LAM-TECH Foundation Inc.
Summary of Business Plan Presented by Tamba Lamin
Dedicated to helping under-served students, teachers, and communities in West Africa through innovative renewable energy and low power computing solutions
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Agenda
Executive Summary
Organization and Program Description
Marketing Plan
Development & Growth Plan
Leadership and organization structure
Critical Risks
Financial Plan
Works Cited
ASUS
NComputers
ASUS
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Executive Summary
Science and technology education is poor
limited use of science and technology tools
Target Beneficiaries Under-served students, teachers & communities in West Africa
Competitive Advantage Use computers, printers, copiers and network devices with the lowest power
consumption in their class
Industry and Competitor Analysis
We don’t have competitive.
We will create strategic partnerships with educational institutions, governments,
companies and other non-for-profit organizations with similar aims & objectives
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Organization & Program Description
We are a Non-For-Profit Foundation
Problem Statement
Lowest PC and internet penetration ratio in Africa and the world at large.
Very striking international differences in access to computers and the Internet.
“this global digital divide may hinder the ability of non-industrialized economies to 'catch
up' with the living standards and productivity of the industrialized world
The high cost of personal computers and internet connectivity remains a major challenge
Our goal as an organization is to bridge the digital divide in West Africa through the use
of ICT in education.
Business Strategy
Focus on people development, renewable energy solutions, low power PCs and
innovative management processes
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Leadership & organization structure
Team of experts from different disciplines of life but with
heavy emphasis on those educated and working in the ICT
field.
Board of Directors will consist of;
Science and technology curriculum development
Renewable energy product development
Education policy development strategy
Research and Development experts
Grant proposal writing experts
Financial management experts
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Education statistics of Sierra Leone
WASSCE and BECE Results statisticsSubject Total students Total Passed (A1 – C6) Percentage Pass
Certificate Examination (WASSCE) May/June 2005Business Management 4808 449 9Health Science 1725 158 9Chemistry 3336 150 4.5Biology 11113 186 1.6Agricultural Science 5582 178 3.1Mathematics (Core) 13354 434 3.2Further Mathematics 1865 86 4.6Engineering Science 331 58 17.5Electronics 35 1 2.8Applied Electricity 22 18 81Physics 2227 147 5.1Science 521 320 61
Basic Education Certificate Examination (BECE) May/June 2003Integrated Science (Chemistry, Biology & Physics)
29321 18718 63
Mathematics 29317 5345 18Introduction to Technology 3814 1772 46Basic Electronics 4180 508 12Agricultural Science 17316 9583 55
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Sierra Leone Education Statistics
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Financial Plan
Need approximately $300,000 startup funding for the first three
years.
This amount will be used to buy office equipments, rent office
space, pay salaries and operating expenses.
Individual members will include board members, executives,
volunteers in the Diaspora and West Africa. Fees: $100/year.
Corporate members will include institutions, non-profit
organizations, corporations, foundations, foreign missions of
West African countries and etc.
Membership due of $500/year
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
The Low Power PC Advantage
Devices
Our Intended PC 20 Watt
Typical Desktopwith LCD120 Watt
Donated PCwith CRT200 Watt
Computer $500 $400 $50Solar panels $256 $1536 $2560Batteries $40 $240 $400
Charge Contr. &Inverter $75 $200 $300
TOTAL $871 $2376 $3310
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Sample Low power PCS
Asus, Fit-PC, Aleutia, Ubiguiti Networks, Inveneo Stations
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
What’s happening in East Africa
Kenya, Tanzania, Uganda
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Marketing Plan
Focus on awareness raising campaigns to educate the
communities about the benefits to be gained when ICT is
used as a tool in education.
We will market our programs to attract donors through
Social media
Search engine advertising
Letters of intents for proposals
Newsletters,
Flyers
Billboards
Social fundraising events and
Word of mouth.
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Typical Operations Flow diagram
Step 1
•Program Manager and grant writers develop program and Submit to President
•Writers will perform research and prepare proposal
•Program Manager Submits Program proposal to Board and president
Step 2
•Board Reviews and Approves Proposal
•Board Submit Proposal for funding
•Proposal get funding from a donor
•Board transfers funding to program’s Bank account in country
Step 3
•Program Manager coordinates with Country CFO to start implementation of program
•Supplies, partners and team is selected to start implementation
Step 4
•Program Manager appoints team of volunteers
•Program Manager takes charge and continue from here
•Program Manager will report to Country President directly
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Development & Growth Plan
Will be operating in 20 countries.
The first national organization will be
formed in Sierra Leone
Followed by Liberia, Guinea and etc.
The first program to be launched will
be the ICT Resource center.
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Development Time Line
Year 1 Year 2 Year 3 Year 4 Year 5Start-up ModeEstablish office in Sierra Leone and New York
First Resource Center in Freetown
Increase foot traffic and capacity of Center
Second Resource Center in Southern Province
Increase foot traffic and capacity of Second Center
Open office in Liberia
Year 6 Year 7 Year 8 Year 9 Year 10Open Office in GuineaFirst Resource Center in Liberia
Open Office in Niger
Increase foot traffic and capacity of Liberia Center
First Resource Center in Guinea
Open office in Senegal
Increase foot traffic and capacity of Guinea Center
First Resource Center in Niger
Open office in Gambia
Increase foot traffic and capacity of Niger Center
First Resource Center in Senegal
Open offices in Ghana, Nigeria, Benin, Togo & Ivory Cost
First Resource Center in Gambia
Increase foot traffic and capacity of Senegal Center
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Critical Risks
Competition and new entrants
in the market
Security for the ICT Resource
centers
Political instability in the
countries
High cost to clear goods at the
port
Government policies
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Assumptions
Capital to fund the organizations activities will be receive upfront before
the opening month
Prices quoted in the startup summary are base on the prices of goods
and services as of the date of this business plan
20% was adding from year to year to compensate for high inflation in
Africa
Products and services to be used in Sierra Leone will be purchase in
Sierra Leone instead of the United States
The cost will include any miscellaneous charges to be incurred to procure,
install and setup office equipments
The home office in New York will be paid for by the Chairman/CEO as part
of his donation to the organization
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Summary & Conclusion
Why? (West Africa – 16 countries) – SL & Niger (DHI 2009) No standard policy for the use of ICT in schools Very low rate of science and technology graduates PC & internet penetration is the lowest in the world
Mission The Mission is to promote and increase the penetration ratio of science,
information technology and computer science education to under-served students, teachers and communities in West African countries
Main projects to solve the problem ICT Resource centers ICT clubs One computer per home ICT & renewable energy research institute
Vision To become the Premier Professional Science, Information &
Communications Technology & renewable energy Research Institute for schools in West Africa
04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
Works Cited
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European Journal of Development Research. Frank Cass & Company Ltd. Braima, Samuel Jamiru, et al. 2004 Population and Housing Census Report on Employment and Labour. Freetown: Statistics Sierra Leone, 2006. Dupigny (PhD), Albert C. T., Ibrahim G. Kargbo and Alimamy Yallancy. 2004 Population and Housing Census Report on Education and Literacy. Freetown: Statistics Sierra Leone, 2006. Garduño, Eric. "Rethinking TT Metrics for Developing Countries." Innovation Matters (2004). —. "SOUTH AFRICAN UNIVERSITY TECHNOLOGY TRANSFER: ACOMPARATIVE ANALYSIS." Wasington DC: International Intellectual Property Institute, January 2004. Garnsey, Elizabeth. "An Early Academic Enterprise: A Study of Technology Transfer." Business History. London: University of Cambridge, 1992. Griffith, David A., Ali Yavuz Zeybek and Matthew O'Brien. "Knowledge Transfer as a Means for Relationship Development: A Kazakhstan-Foreign International Joint Venture Illustration."
Journal of International Marketing (2001). Harvard Business Review. "New TecKnologies for Emerging Economies." Thinking Ahead. HBR, 1961. HASPER, MICHAEL. "GREEN TECHNOLOGY IN DEVELOPING COUNTRIES: CREATING ACCESSIBILITY THROUGH A GLOBAL EXCHANGE FORUM." DUKE LAW & TECHNOLOGY REVIEW (2009). Koroma, Desmond S., Abu Bakarr Turay and Mohamed B Moigua. 2004 Population and Housing Census Report on Projection for Sierra Leone.pdf. Freetown: Statistics Sierra Leone, 2006. Lahai (PhD), Bernadette, Ibrahim J. Sannoh and Sheikh I. Koroma. 2004 Population and Housing Census Report on Agriculture. Freetown: Statistics Sierra Leone, 2006. Layton, Ron and Peter Bloch. "IP DONATIONS: A POLICY REVIEW." IP DONATIONS: A POLICY REVIEW. Wasinghton DC: International Intellectual Property Institute, January 2004. —. "Please Donate Patents on the Shelf;Tax benefits can be Focused for Greater Good." Legal Times Magazine. Legal Times Magazine, 15 March 2004. Li-Hua, Richard and Hendrix A Odigie. "Unlocking the Channel of Tacit Knowledge Transfer." Unlocking the Channel of Tacit Knowledge Transfer. 2009. Mangesi, Kofi. "SURVEY OF ICT AND EDUCATION IN AFRICA: Sierra Leone Country Report." 2007. Mottner, Sandra and James P. Johnson. "A Review and Implications for Licensing to Transitional and Emerging Economies." Motivations and Risks In International Licensing (n.d.). Mugabe, John. "FOREIGN DIRECT INVESTMENT, R&D AND TECHNOLOGY TRANSFER IN AFRICA: An Overview of Policies and Practices." 2009. Paul Budde Communication Pty Ltd. Sierra Leone - Telecoms Market Overview, Statistics & Forecasts. Australia: Paul Budde Communication Pty Ltd, 2008, 2009. Pro Inno Europe, Inno Views. "Emerging Economies (BRIC* Countries) and Innovation "Implications for innovation policies in Europe"." Background and Scope. Brussel: Pro Inno Europe,
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Q&A