Minimum Viable Product · Fundraising

Any ideas on how to find funding for a nonprofit app to help solve global hunger?

Catherine Cheremeteff Jones

February 10th, 2015

I am a co-founder of the Share Your Calories Nonprofit (501c3), www.shareyourcalories.com. We have partnered with Stop Hunger Now, a global feeding program in North Carolina, to build an app that adds a feel-good factor to dieting by allowing people to give back. Users will be encouraged to share their "extra" calories with children around the world who can't get enough.


We need seed money in the form of tax-deductible donations to build a MVP to validate our concept. We're looking for any ideas on how to find companies that are interested in funding, perhaps as part of their CSR plan, or as a simple donation. Or, who would offer manpower build or help design as an in-kind donation.


Our ultimate goal is to piggyback the Share Your Calories App on an existing weight-loss app, such as My Fitness Pal. The way it would work: Users will make a pledge (e.g. $15) to cut back a certain number of calories (e.g.. 300 - 500) every day for x number of days (e.g. 30 days). They will ask friends/family to sponsor their weight-loss efforts through social media. They will start their diet/exercise plans, and at the end of their set time, they will have the option to transform their pledge into a donation to Stop Hunger Now: $15 will buy about 50 meals for hungry children. With FF donations factored in, the user has the potential to feed hundreds or even thousands of children as part of their weight-loss journey. Win-win for both sides. All ideas welcome.

More than 65% of new companies fail because they lack funding. In this course, you’ll learn common fundraising mistakes, how to nail an elevator pitch, how to craft a killer pitch deck, where to source investments from, and all about term sheets and convertible notes.

Johnny Clarke Chairman at IDC Entrepreneur Club

February 10th, 2015

STOP EMAILING ME PLEASE

Ashish Goenka Banking & Finance, UK-India, Investments, Equities, Consulting, Technology, Social Enterprise

February 10th, 2015

I think it's a great idea - you should look at Acumen Fund, organisations like WHO, World Bank and IFC, or Foundations like Bill and Melinda Gates foundation. I would target McDonalds foundation, as this could be good PR for them. Hope this helps.

Dylan Tullberg

February 10th, 2015

Unrelated to your funding request, but along the lines of your business model.  Check out HealthyWage.com (private for profit).   Not sure how you're building it, but unlike HealthyWage, who started with a web app, I'd stick with a mobile app.  Reasons being: weight loss verification.  With the camera verifying person, place, and date/time (on a weight scale), it will make for a more credible app.  Good luck - I think the concept could be more successful in the non-profit space.

Andrew Lockley

February 10th, 2015

That's an excellent idea. Contact me personally if you want to discuss it further. I'd be happy to give you a bit of help. A

Shobhit Verma

February 10th, 2015

It is generally harder to raise money for a non profit. Unless there is a self sustaining monetization model, usually it means raising money every year! Which sucks.
Take a look at this paper and PM me to get Henry Riggs' email address. He taught "the art and logic of fundraising (for non profits)". He may be willing to send you a draft copy of his book.

http://faculty-gsb.stanford.edu/aaker/pages/documents/whydopeoplegive_theroleofidentityingiving.pdf

Asa Feinstein Founder at CocoAsenso

February 11th, 2015

I like your idea.  Best of luck.

Take a look at these lists of funding opportunities (if you haven't already): 
http://csi.gsb.stanford.edu/social-enterprise-funding-opportunities
http://www.nyu.edu/reynolds/pdf/NYU_Reynolds_Worldwide_SV_Competitions.pdf 

Anonymous

February 10th, 2015

Good morning Catherine, Your post was a bit long and very pitchy. So many ways to spin your request but I'll keep it short. If I were you I'd reach out to the Bill and Melinda gates foundation. If you have a proven model they will hear it out. You didn't request a critique but I feel it's important to share some thought especially when posting to a potential audience here. Like any good idea, it has to be sustainable and most times profitable. The first thing that jumps out is your seeking seed funding to build an MVP on an unproven idea which is tough but possible. You'll have to share how much you and your partners have invested and if none, tell why you aren't willing or able to invest in your own venture. The next major thing is your suggesting you need to build it to even validate which can scare off anyone. Just keep those in perspective and never stop working hard. Frank Sent from my iPhone

Mark Tarasov Director at Sia The energy of the planet "Earth"

February 11th, 2015

The world stands on the brink of global catastrophe: the eruption of the volcano illonoys
I have a suggestion how to overcome it. But we need people who can reach out to the US Government
Mark Tarasov

Yellowstone supervolcano: How to prevent a catastrophe at Yellowstone Supervolcano
How to prevent a catastrophe
1. To do this, you need to install at a distance of 1 km from the edge of a possible eruption, around the perimeter of a mini rocket launchers.
2. These installations should be able to automatically at intervals of 30 minutes 60.120 launch (one by one) from 3 to 5 missiles.
3. The distance between the plants no more than 5m.
4. Rockets should fly to a height of 3-5 km, and the diameter of the drop on the other side of the volcano.
5. The missiles themselves should pull a thin, sturdy, heat-resistant tape (width of 1-5m), which is wound on a reel (reel stands next to the launcher) special tape.
6. The tape must harden under the influence of volcanic gases.
7. This will create a dome that will not allow gas to spread. Moreover, these gases and ash will be compacted all the time and eventually this mass will collapse into the mouth of a volcano. That is, he makes it and cease or eruption will continue but in a small volume.
8. As a perimeter margin of missiles, it is possible to create two or three of the dome.
9. And thus eliminate the catastrophe.
Since the missiles already exist. Each army has a short- and medium-range (30-70km), their modification and manufacture is not difficult.
The hardest part of the project is the tape that needs to be hyperfine, solid at a temperature of 1000C and self-hardening.
Mark Tarasov
Riga, Latvia.
mark_tarasov@inbox.lv

Rowan Richards Business Developer at Rowan Richards

February 11th, 2015

I think it's a great idea and I would love to see it succeed. As many of the other contributors mentioned, it is difficult to capital through a non profit. Difficult, but not impossible. Are you set against launching a for profit? The non profit can own for for profit business...or a for profit fund.

Frank Gullo

February 10th, 2015

Have you looked at freeCodeCamp (as an in-kind or strategic partner)? http://www.freecodecamp.com/nonprofits