A community where “Rewopers” rewop one another through collaborations around real current challenges with the hope of a more empowered world
I confirm that I am fully aware of the eligibility criteria, and based on its description, I am eligible to apply to the CSV Prize 2017.
Start-Up (a pilot that has just started operating)
Annual budget in 2017 (USD)
Number of beneficiaries impacted so far
Headquarters location: Country
Headquarters location: City
Location(s) of impact
5: Sri Lanka
A brief intro to Rewopme from the founders.
Kiki; a Rewopme-student from Germany with Sadhana from India - working with Women and Economic Empowerment.
Problem: What problem is this initiative trying to address?
For societies to be self-sustainable, empowerment of entrepreneurs is essential as an empowered entrepreneur can in turn empower others. Social entrepreneurs meanwhile often lack resources which also affects the ecosystem that the venture intended to serve. Moreover, it’s likely that societies face similar problems, only in different locations. Due to inaccessibility to ”best practices”, we reinvent the wheel. This is highly ineffective. The world is full of resources & solutions; we just need to distribute them better.
Solution Summary: What is the proposed solution? What do you see as its most promising aspects for creating shared value?
Rewopme (“empower”): “Rewopers” rewop each other with the hope of a more empowered world. To scale impact, this will take place in an online interactive community revolving around 2 types of empowerment:
1.Social venture & Student: When a business activity need arises in a social venture, a “challenge” is created and posted on http://rewopme.com. Students with the desired skills can apply. E.g. Lawrence Afere, an Ashoka fellow, engages youths in sustainable agriculture through his venture Springboard. The venture got help with bookkeeping from a Rewopme-student and will host two student-interns next year. Shared value lies is students gaining experience and ventures being able to grow.
2.Social Entrepreneurs: A forum dedicated to entrepreneurs to connect and discuss, and to empower one another. Shared valued comes from the scalability of social entrepreneurship practices as more entrepreneurs gain access to working solutions. It will be a matter of adjust & apply, rather than invent & apply
Impact: What is the impact of the work to date? Specify both the social and the environmental impact of your work
Up until today, 14 challenges have been mediated with half of these ongoing. On the social venture side, these are from 8 different countries. All ventures need to work with at least one of the 17 UN SDGs in some way. Thus, as a challenge gets completed and the social venture grows, a footprint has been made in the efforts of reaching the SDGs. The entrepreneurs have been very positive towards the idea. In basically all cases, they have mentioned it’s a service they would pay a fee for in exchange for this type of support.
On the student side, students that have taken on a challenge are from 11 countries. We have one Student Ambassador Program running at one University and another to be started beginning of 2018 and there is already a student waiting-list. They appreciate the hands-on experience as this is often lacking in their education program. Incentives have been to become better prepared for work-life, for employers to consider them more “employable” and to support a good cause
Financial sustainability plan: How is this initiative financially supported? How will you ensure its financial sustainability long-term?
Once the technical and administrative preconditions are in place to charge for our services, finances will be generated through:
Earned income 65%: Social ventures pay a license-fee for a set time-period (Non-profits pay a lower fee). Universities pay a connection-fee including various benefits.
Corporate contributions 35%: Companies that want to enhance CSR and/or Employer Branding status can become sponsors. It’s also a type of ROI as more skilled graduates will benefit the employers (companies). Universities etc. providing courses within e.g social entrepreneurship could likewise find interest in becoming sponsors or advertise on the website.
In order to first and foremost build the online platform we are in this initial stage seeking funding from other sources such as this prize.
Unique value proposition: What makes your initiative innovative? How does your project differ from other organizations working in the same field?
Our UVP is the students. We chose this focus because we believe it’s a TRUE win-win for both sides. In similar initiatives, the win is more obvious for the venture. For the “empowerer” the win is more a feeling of “doing good”; a rather short-term incitement. Students also have the “doing-good” incitement but also an important second one; practical experience & professional development. Considering the number of students in the world, there’s huge potential to create a “movement” around this.
Founding story: Share a story about the "Aha!" moment that sparked the beginning of this initiative.
The idea was born in a rickshaw in India. We, the founders, wrote our bachelor thesis on Social Innovation where we did a field study of an organization called kanthari; running a training camp for social entrepreneurs. We were very inspired by both kanthari and the entrepreneurs and both became project-mentors but felt limited in the areas we could contribute to. Surely we knew of many other students with other skills that could have complemented us in our mentorship and would have been more than willing to. All in all, we felt it was a shame not to nurture and capture the synergies between these actors. The skills and ambitiousness of students shouldn’t be overlooked and likewise, we shouldn’t let the dedication of a social entrepreneur fade out as a consequence of a lack in resources. Especially when in fact, the world has plenty of it. All we needed was an arena dedicated to this.
Where did you hear about the Nestlé Creating Shared Value Prize?