Feasibility Study and Social Enterprise Business Model Development

Closed
Skillcity Institute
Edmonton, Alberta, Canada
Employer
(8)
4
Project
Academic experience
200 hours per learner
Learner
Anywhere
Advanced level

Project scope

Categories
Market research Competitive analysis Financial modeling Customer segmentation Sales strategy
Skills
marketing strategies human resource strategy stakeholder engagement target market sustainability planning value propositions revenue stream communication feasibility studies market research
Details

The main goal for the project is to conduct a comprehensive feasibility study for the social enterprise venture of a respite childcare co-op online technology platform solution with a matching service, and potentially include a mobile pop-up event babysitting service, Night childcare service, other home care matching service in Edmonton, Alberta, Canada. This includes developing a social enterprise business model, revenue model, and financing strategy based on market research and affordability plan. The project also involves creating a service-barter model, partnership and sponsorship development assets, business case, and value proposition realignment for social and economic benefit. Additionally, the project aims to identify customer segments, target market strategy, social impact strategy, stakeholder engagement strategy, technology model development, human resource strategy, lean startup strategy, community and volunteer engagement strategy, budgeting, communication and marketing strategy, brand strategy, sustainability plan, value chains, revenue streams, and B2B or B2C strategy. The project will also address local regulatory requirements and conduct risk/benefit analysis and breakeven analysis.


Deliverables


- Conduct a comprehensive feasibility study for the social enterprise venture


- Develop a social enterprise business model, revenue model, and financing strategy


- Create a service-barter model, partnership and sponsorship development assets


- Identify customer segments, target market strategy, and social impact strategy


- Develop technology model, human resource strategy, lean startup strategy, and community and volunteer engagement strategy


- Create budgeting, communication and marketing strategy, brand strategy, sustainability plan, value chains, and revenue streams


- Address local regulatory requirements and conduct risk/benefit analysis and breakeven analysis


Mentorship

Skillcity Institute is excited to welcome Work Integrated Learning (WIL) students to collaborate on the Feasibility Study and Social Enterprise Business Model Development project. Committed to ensuring the students' success, Skillcity will provide dedicated staff time for supervision, fostering regular communication and collaboration. Supervision includes check-ins and feedback to guide project progress and maintain alignment with Skillcity's goals. Students will have access to organizational data, including our current business model and financials, facilitating in-depth analysis.


Moreover, we offer access to relevant software and tools, as well as orientation on relevant sectoral information, which will enhance the student's research and skill development. We hope that this support will enrich the student's learning experience and contribute to the creation of a high-quality final project. Skillcity is confident in the success of this collaboration and looks forward to achieving impactful results together with the WIL students.

Supported causes
Decent work and economic growth

About the company

Company
Edmonton, Alberta, Canada
2 - 10 employees
Non-profit, philanthropic & civil society

Welcome to Skillcity! Sweet dreams are made of skills! Every individual is unique; so is their pathway to greatness. Let's help you find your genius! Our mission is to bridge the skills gap through innovative programs designed to help young people gain the skills and competences they need to succeed in a fast-changing world of work with evolving skills demands. We offer careers education, STEM talent development, and cultivate 21st Century skills for economic mobility. We are raising the next generation of innovators, engineers, solution architects, scientists and problem-solvers equipped to solve the world's most pressing problems. Creating access to quality education, employment, and entrepreneurship opportunities is our strategy for creating a gateway to economic prosperity for all."