Innovation Fund - Community of Practice - Financial sustainability
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CONTEXT: the table below is an exploratory exercise by the Community of Practice of Latin America Civic Innovation Accelerator Fund to search for possibilities of "financial sustainability" for civic apps.
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SourcesWhat does it means?Is it desirable? Why?What are the PROS?What are the CONS?Examples? How to implement? Possible Organizations (funders, etc.)?Is it a good try for Fund´s Grantees? To whom? Why?Other questionsOther questionsOther questionsOther questions
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Private grantsDonation by a private organization (in general grant maker foundation), in general, in return for the execution of a project with defined time and deliverables.Datea: Yes. Because it generally implies greater freedom and the possibility of establishing a productive relationship with the funding organization.
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Public grantsDonation by a governamental institution (we include here multilateral organizations), in general, in return for the execution of a project with defined time and deliverables.
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Private sponsorshipDonation of financial resources not related with a project, but with a marketing return by a private organization (in general a company).
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Public sponsorshipDonation of financial resources not related with a project, but with a marketing return by a governament institution (in general a company).
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MembershipRegularly payment of users.
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Crowdfunding: any time donnationsDonations of small amounts of money by individual in a non-regular way (could be even only one time) at any time.
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Crowdfunding: campaignsDonations of small amounts of money by individual at a specific time (campaign) and in general with some minor rewards for contribution.
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Crowdfunding: regular donnationsDonations of small amounts of money by individual at a regular periods (it´s not a membership).
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Advertising: traditionalSell space at platform for any type of ads, either by traditional selling or google adwords.
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Advertising: CSR-focusedPaid space at platform for cause related ads by companies that invest in specific issues.
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Premium services: sell data collectedSelling of curated data.
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Premium services: use well above average. Selling of services related with quantity of use well above average. Heavy users could be charged for their use.
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Premium services: sofisticated servicesSelling of any kind of out-of-the box services, personalization, special uses, etc.
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Premium services:???It might existes other posibilities of premium services.
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Software as a serviceSelling of hosting services/software rental/ support/etc for organizations interested in implemeting.
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Paid campaignsSelling of services related with use of platforms in more intense and complex manners, normally involving additional services.
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Seed money (impact investment)Lending from investors interested in supporting platform as business and willing to have return of their investment.
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Gift from wealth individuals, familiesDonations from rich people, normally with minimum or even no expectations of returns. Some of them not even accept disclosure of donnor names.
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Voluntarios para mantener el appcivico
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posible source of revenue
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posible source of revenue
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posible source of revenue
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