task squad: developing a self-sustaining commercial enterprise within the voluntary sector
TRANSCRIPT
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Government funding
Corporate relations
Individual & events fundraising
Trusts & foundations
Sustainable trading income
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Unique start-up incubator
programme
Run by Sidekick Studios
Help charities design sustainable
spin-out digital businesses
Funded by Nominet Trust -
£150k per charity of in kind
£20k cost to each charity + staff time
Looking for 2013/14
participants!
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Lean start-up approach – 3 month test & build
Agile & rapid digital & service development
Aimed to be distruptive– and take from other
successful models
Build, test, learn, iterate – fail fast learn fast
approach
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Led and managed by Knowledge & Innovation
team
Fundraising team support to identify new funders and
partners
Digital team support both at design and test/deploy
phase
Senior Management Team –brought in regularly as part
of big decisions
Cross team collaboration =
hugely important!
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How it works
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Product built on vInspired’s unique
API
Evidence based –research from clients/users
Tested with 3 clients and 20 young people
Offline and online testing of idea
Minimum Viable Product – will hold
20 clients & 100 young people
Taking popular Task Rabbit model from
US
Opened to any registered users on
vinspired.com
Mobile responsive & SMS functionality
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The business model
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The story so far for 2013
JanuarySidekick Schools begins
FebruaryTask Squad
agreed as an ‘Employment Business’ to
sit within vInspired
trading arm
MarchTested with Old Spital
Fields Market & vInspired
AprilMinimum
Viable Product
launched –can hold 20
clients
The Young Foundation Accelerator Programme
begins
MayNew clients –Which? Mint Good Agency
JuneGoogle
Impact Award £100,000
JulyBusiness plan launched at
Young Foundation Demo Day
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Social Impact
[CELLREF]
[CELLREF]
[CELLREF]
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Year 1 Year 2 Year 3
£s for Young People
Young people employed
Young people employed
Young people employed
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Financial Impact
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
Year 1 Year 2 Year 3
Costs Revenue Investment
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Curating a young
person’s micro-work
force
Quality and proven young people
Creating strong
futures for young people
Flexible to employers
needs
Creating sustainable income for vInspired