by �Yasir Siddiqui

Tiberius Brastaviceanu

www.sensorica.co�contact information:

yasir.siddiqui@gmail.com�http://www.linkedin.com/in/siddiquiyasir

Conversation on financing our open-alliance

For sources, see the full document here:�http://sensoricablog.blogspot.ca/2013/11/blog-post.html�Inspired by the work of the Sensorica community:

http://valuenetwork.referata.com/wiki/Main_Page

Only SENSORICA logo is copyright. Content on this document is Creative Commons (BY NC CA) unless sourced from other sources

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Value to the existing open innovation ecosystem

The open alliance

Sensorica - drones, green-wall, Bricobio, Farmhack, JAM, metamaps, collabtechpro, ...

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Photo from APRUS

Extended collaboration possibilities

• Wikispeed

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• Protei

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• p2pfoundation

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• Metamaps

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• Noisebridge

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• Greener Acres

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• Buglabs

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See exhaustive list of possible collaborators

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Funding ecosystem for diverse needs

Needs

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• infrastructure development
• virtual (open funding virtual infrastructure doc)
• physical (open projects spreadsheet and general list of equipment)
• legal (open legal structure and governance doc)
• projects (open projects description doc)
• market value oriented
• social value oriented

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Legal structure

Infrastructure

OVNI

Administration

Physical resources

SPACE

Drones

Bees

Sensors

Firm 2

CRIAQ

CDEC

Immigration Quebec

Funds and grants

Bank national

Student program

Open

value

Network

ONG

ACES-Canada

Financial distribution

Firm 1

Firm 3

Investments

Venture capital

GNOME CANADA

Greener Acres

Crowdfunding

Green

wall

We need to process that together

Purpose capital

Creating the right value for the right audience

Funding the virtual infrastructure

• Strategic donations based funding
• from companies: Ingenio (Loto Quebec)
• from consortiums: Genome Quebec, CRIAQ, METTECH

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• Grants and foundations
• from Government as academic funding
• from foundations: J. W. McConnell foundation, Molson, Brofman
• MIXprize and other like it
• HORIZON 2020

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• Crowdfunding: donations, pre-purchase and investments
• Jaime Arredondo - crowdfunding for open source, p2p mode
• our initiative with p2p foundation

Investment for the projects will depend on how we play the open-game

Funding the projects - non-commons

• Investment based funding
• Need guarantees and control
• Need IP valuation
• Strategic donations based funding
• Monopoly by application
• Use of application
• Grants and foundations
• Sometimes require IP
• Can go directly to projects or to academic partners (see our ENGAGE grant experience)
• Crowdfunding: donations, pre-purchase and investments
• (includes all non-institutional funding)

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How to play the open-game?

• Limited time-based IP
• Commons-based Intellectual Property (IP)
• Open-source non-commercial
• Open-source commercial but non-viral
• Open-source commercial and viral

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Governance with financial investors

• Fixed equity and preferential governance
• Fixed equity and non-preferential governance
• Fluid equity and preferential governance
• Fluid equity and non-preferential governance

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Funding projects

• Projects need the right business model and collaboration model in order to get the funding
• Trust - not enough collaborators (too open, too closed,...)

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• Projects need the right strategy in order to get the revenues

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Thoughts on legal framework

ACES-Canada

Purpose tools and purpose accounting

Charity - �social benefits

Common pool of shareables

Individual pools

Investment pools

Academia

Fablab

ACES-Canada

Choices for the commons

• (Dis)Allowance on the degree of openness and transparency
• Membership or non-membership (non-dominium) based legal structure
• Roles and responsibilities

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We need to commit and share the work-load

Important resources

• Project VIE doc - Sources de financement
• SENSORICA folder - Funding
• SENSORICA Diigo list tagged funding
• SENSORICA webpage Revenues
• SENSORICA education webpage for traditional entrepreneurship and collaborative entreporeneurship
• SENSORICA doc on new member orientation - funding

Open-source world unite:��Let’s build our home together!

Thank you