Funding is derived from sales and maintenance of a software product within the United Kingdom, a product which has returned a sustained revenue flow for the past 15 years. We deploy the original model of a social purpose business, developed by ourselves, which returns at least 50% of profit to community purpose.
Defined by P-CED in a 1996 whitepaper, the concept has circulated through the academic world, accelerated by IT networking, such that in 2004, the United Kingdom re-invented it as the Community Interest Company form in law.
Additionally, it predicted that in the developing information age, access to information would be central to the needs of economic development and that the new poor would be those deprived of information access.
The P-CED economic development paradigm was proven in a 5 year USAID pilot project in Russia, demonstrating full cost recovery of the 6 million dollars invested. Of the 10,000 micro business created, more than 80% were started by women, demonstrating that targeting poverty is also gender empowerment.
Comments
Following up
Jeff, thanks for your comments. I think your project is out of my area of expertise. I do suggest that you pick one portion of your project and develop the specification for that when submitting for a grant request. Your project seems very well meaning but very broad - kind of overwhelmingly broad. I'd say focus in your grant request a bit more.
Lots of chances for collaboration
I think you will find many interested people in NetSquared -- this is a very compelling project.
--ivan (quixotic1.com/Genocide Intervention Network)
Some clarification (hopefully)
I realise what I'm describing above may cause some confusion, so I'll attempt to clarify, hoping for some advice.
People-Centered Economic Development (P-CED) UK is a social business based in the United Kingdom. As a social enterprise under UK goverment definitions, directing more than 50% of profit to community purpose, it is the revenue source for the advocacy work being undertaken by People-Centered Economic Development Ukraine.
What P-CED UK does is sell and support a software product used by commerical and goverment organisations whilst providing logistical support for the efforts of P-CED Ukraine. So. we need to deploy technology both in communication between the two functions and to enable us to provide support to our paying customers such that all parties recieve satsifactory service.
P-CED Ukraine as an advocacy, campaigns on human rights issues, researching and developing strategic economic development plans designed to leverage funding for action on these issue.
Our work, therefore, is to produce such a plan and see it through to fruition. We are now at the stage of having completed and submitted the plan to a potential funder, now anticipating a period of several months discussion during which we must continue to maintain an in-country presence.
Within the plan and therefore part of the research is a revenue yeilding technology component.
Elsewhere, in the community blog, I've referred to another project totally unrelated to the above involving community networking in my own location in the UK, which may confuse even further.
If you think I might express all of this better, please let me know.
Regards,
Jeff
My project, Targeted Development for Social and Economic Empowerment,has
been nominated for the NetSquared Innovation Fund Award. Check out my
proposal at (make the following a link):
http://www.netsquared.org/projects/proposals/targetted-economic-development-for-social-and-economic-empowerment
Elevator ptich