Capstone Final Presentation V1

LAM-TECH Foundation Inc.

Summary of Business Plan Presented by Tamba Lamin

Dedicated to helping under-served students, teachers, and communities in West Africa through innovative renewable energy and low power computing solutions

04/09/2023 http://www.lamtechfoundation.org or search lamtechfoundation in any search engine

Agenda

Executive Summary

Organization and Program Description

Marketing Plan

Development & Growth Plan

Leadership and organization structure

Critical Risks

Financial Plan

Works Cited

ASUS

NComputers

ASUS


Executive Summary

Science and technology education is poor

limited use of science and technology tools

Target Beneficiaries Under-served students, teachers & communities in West Africa

Competitive Advantage Use computers, printers, copiers and network devices with the lowest power

consumption in their class

Industry and Competitor Analysis

We don’t have competitive.

We will create strategic partnerships with educational institutions, governments,

companies and other non-for-profit organizations with similar aims & objectives


Organization & Program Description

We are a Non-For-Profit Foundation

Problem Statement

Lowest PC and internet penetration ratio in Africa and the world at large.

Very striking international differences in access to computers and the Internet.

“this global digital divide may hinder the ability of non-industrialized economies to 'catch

up' with the living standards and productivity of the industrialized world

The high cost of personal computers and internet connectivity remains a major challenge

Our goal as an organization is to bridge the digital divide in West Africa through the use

of ICT in education.

Business Strategy

Focus on people development, renewable energy solutions, low power PCs and

innovative management processes


Leadership & organization structure

Team of experts from different disciplines of life but with

heavy emphasis on those educated and working in the ICT

field.

Board of Directors will consist of;

Science and technology curriculum development

Renewable energy product development

Education policy development strategy

Research and Development experts

Grant proposal writing experts

Financial management experts


Education statistics of Sierra Leone

WASSCE and BECE Results statisticsSubject Total students Total Passed (A1 – C6) Percentage Pass

Certificate Examination (WASSCE) May/June 2005Business Management 4808 449 9Health Science 1725 158 9Chemistry 3336 150 4.5Biology 11113 186 1.6Agricultural Science 5582 178 3.1Mathematics (Core) 13354 434 3.2Further Mathematics 1865 86 4.6Engineering Science 331 58 17.5Electronics 35 1 2.8Applied Electricity 22 18 81Physics 2227 147 5.1Science 521 320 61

Basic Education Certificate Examination (BECE) May/June 2003Integrated Science (Chemistry, Biology & Physics)

29321 18718 63

Mathematics 29317 5345 18Introduction to Technology 3814 1772 46Basic Electronics 4180 508 12Agricultural Science 17316 9583 55


Sierra Leone Education Statistics


Financial Plan

Need approximately $300,000 startup funding for the first three

years.

This amount will be used to buy office equipments, rent office

space, pay salaries and operating expenses.

Individual members will include board members, executives,

volunteers in the Diaspora and West Africa. Fees: $100/year.

Corporate members will include institutions, non-profit

organizations, corporations, foundations, foreign missions of

West African countries and etc.

Membership due of $500/year



The Low Power PC Advantage

Devices

Our Intended PC 20 Watt

Typical Desktopwith LCD120 Watt

Donated PCwith CRT200 Watt

Computer $500 $400 $50Solar panels $256 $1536 $2560Batteries $40 $240 $400

Charge Contr. &Inverter $75 $200 $300

TOTAL $871 $2376 $3310


Sample Low power PCS

Asus, Fit-PC, Aleutia, Ubiguiti Networks, Inveneo Stations


What’s happening in East Africa

Kenya, Tanzania, Uganda


Marketing Plan

Focus on awareness raising campaigns to educate the

communities about the benefits to be gained when ICT is

used as a tool in education.

We will market our programs to attract donors through

Social media

Search engine advertising

Letters of intents for proposals

Newsletters,

Flyers

Billboards

Social fundraising events and

Word of mouth.


Typical Operations Flow diagram

Step 1

•Program Manager and grant writers develop program and Submit to President

•Writers will perform research and prepare proposal

•Program Manager Submits Program proposal to Board and president

Step 2

•Board Reviews and Approves Proposal

•Board Submit Proposal for funding

•Proposal get funding from a donor

•Board transfers funding to program’s Bank account in country

Step 3

•Program Manager coordinates with Country CFO to start implementation of program

•Supplies, partners and team is selected to start implementation

Step 4

•Program Manager appoints team of volunteers

•Program Manager takes charge and continue from here

•Program Manager will report to Country President directly


Development & Growth Plan

Will be operating in 20 countries.

The first national organization will be

formed in Sierra Leone

Followed by Liberia, Guinea and etc.

The first program to be launched will

be the ICT Resource center.


Development Time Line

Year 1 Year 2 Year 3 Year 4 Year 5Start-up ModeEstablish office in Sierra Leone and New York

First Resource Center in Freetown

Increase foot traffic and capacity of Center

Second Resource Center in Southern Province

Increase foot traffic and capacity of Second Center

Open office in Liberia

Year 6 Year 7 Year 8 Year 9 Year 10Open Office in GuineaFirst Resource Center in Liberia

Open Office in Niger

Increase foot traffic and capacity of Liberia Center

First Resource Center in Guinea

Open office in Senegal

Increase foot traffic and capacity of Guinea Center

First Resource Center in Niger

Open office in Gambia

Increase foot traffic and capacity of Niger Center

First Resource Center in Senegal

Open offices in Ghana, Nigeria, Benin, Togo & Ivory Cost

First Resource Center in Gambia

Increase foot traffic and capacity of Senegal Center


Critical Risks

Competition and new entrants

in the market

Security for the ICT Resource

centers

Political instability in the

countries

High cost to clear goods at the

port

Government policies


Assumptions

Capital to fund the organizations activities will be receive upfront before

the opening month

Prices quoted in the startup summary are base on the prices of goods

and services as of the date of this business plan

20% was adding from year to year to compensate for high inflation in

Africa

Products and services to be used in Sierra Leone will be purchase in

Sierra Leone instead of the United States

The cost will include any miscellaneous charges to be incurred to procure,

install and setup office equipments

The home office in New York will be paid for by the Chairman/CEO as part

of his donation to the organization


Summary & Conclusion

Why? (West Africa – 16 countries) – SL & Niger (DHI 2009) No standard policy for the use of ICT in schools Very low rate of science and technology graduates PC & internet penetration is the lowest in the world

Mission The Mission is to promote and increase the penetration ratio of science,

information technology and computer science education to under-served students, teachers and communities in West African countries

Main projects to solve the problem ICT Resource centers ICT clubs One computer per home ICT & renewable energy research institute

Vision To become the Premier Professional Science, Information &

Communications Technology & renewable energy Research Institute for schools in West Africa


Works Cited

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European Journal of Development Research. Frank Cass & Company Ltd. Braima, Samuel Jamiru, et al. 2004 Population and Housing Census Report on Employment and Labour. Freetown: Statistics Sierra Leone, 2006. Dupigny (PhD), Albert C. T., Ibrahim G. Kargbo and Alimamy Yallancy. 2004 Population and Housing Census Report on Education and Literacy. Freetown: Statistics Sierra Leone, 2006. Garduño, Eric. "Rethinking TT Metrics for Developing Countries." Innovation Matters (2004). —. "SOUTH AFRICAN UNIVERSITY TECHNOLOGY TRANSFER: ACOMPARATIVE ANALYSIS." Wasington DC: International Intellectual Property Institute, January 2004. Garnsey, Elizabeth. "An Early Academic Enterprise: A Study of Technology Transfer." Business History. London: University of Cambridge, 1992. Griffith, David A., Ali Yavuz Zeybek and Matthew O'Brien. "Knowledge Transfer as a Means for Relationship Development: A Kazakhstan-Foreign International Joint Venture Illustration."

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Q&A