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Capstone Final Presentation V1
1. 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
18. We will create strategic partnerships with educational institutions, governments, companies and other non-for-profit organizations with similar aims & objectives12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
23. “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
24. The high cost of personal computers and internet connectivity remains a major challenge
25. Our goal as an organization is to bridge the digital divide in West Africa through the use of ICT in education.
27. Focus on people development, renewable energy solutions, low power PCs and innovative management processes12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
28. 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 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
29. Education statistics of Sierra Leone 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
30. Sierra Leone Education Statistics 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
31. 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 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
33. The Low Power PC Advantage 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
34. Sample Low power PCS Asus, Fit-PC, Aleutia, Ubiguiti Networks, Inveneo Stations 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
35. What’s happening in East Africa Kenya, Tanzania, Uganda 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
36. 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. 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
37. Typical Operations Flow diagram 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
41. The first program to be launched will be the ICT Resource center.12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
42. Development Time Line 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
43. 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 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
44. 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 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
45. 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 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine
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A STUDY RELATING TO THE TECHNOLOGY TRANSFER OF INTELLIGENT SYSTEMS." London: Imperial College Press, March 2000. Yamakawa, Yasuhiro, Peng W Mike and David L Deeds. "What Drives New Ventures to Internationalize from Emerging to Developed Economies?" ENTREPRENEURSHIP THEORY and PRACTICE. Baylor University, January 2008. Zhang, Wei and Robert Taylor. "EU TECHNOLOGY TRANSFER TO CHINA The automotive industry as a case study." Journal of the Asian Pacific Economy (2001). 12/5/2009 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine