HENRY'S IDEA: Outpatch— Selling souvenir patches and donating 50% of the proceeds to their communities
Looking for DMOs and tourist boards who want to design a custom patch with us for their destination, and identify a program to fund in destination with through our giving model.
+ What is your name?
Henry R.
+ Where are you located?
The United States
+ In one sentence, tell us about your idea.
We want to make it easier for travelers to give back to the communities that host them. To do that we sell souvenir patches and donate 50% of the proceeds to the communities each patch represents.
+ Describe your ideal collaborative partner or partners.
We are looking for DMOs and tourist boards who want to design a cutom patch with us for their destination, and identify a program to fund in destination with through our giving model.
+ What is the most immediate or most pressing challenge you're facing right now?
We'd like to meet with a range of individuals with experience in scaling similar models to determine if our next step should be to seek investors or if we should continue to bootstrap, or something in between.
+ What is it about your idea that makes you feel good?
We want to make the world a better place by getting more funds to the changemakers that are working to make it so.
+ Who will benefit the most from your idea?
The grassroots nonprofits that we target for support.
+ Ideally, when would you launch this idea?
I've already launched my idea.
+ What makes your idea innovative? Why has no one ever done it before?
We leverage consumer behavior to provide a standardized mechanism for travelers to give back wherever they go. Other solutions center on technology platforms that ultimately rely on significant behavioral changes. As to why no one has ever done this before, I think the simplest solutions are often the most overlooked.
+ Indicate which UN goals your idea relates to?
Zero Hunger No Poverty Responsible Consumption and Production Life Below Water Climate Action Gender Equality
+ At Sigmund, we are interested in ideas at the intersection of People, Planet, and Profit. How does your idea relate to these three categories?
People - we bring together a diverse set of stakeholders - travelers, artists, retailers, and nonprofits to drive real societal progress.
Planet - we focus on the long term positive impact of the nonprofits we support and our own business operations. Our belief is that the planet we live on holds enough resources to sustain dignified life for all of its inhabitants. We acknowledge that this is not currently the case and that we as individuals and, in our case, businesses are responsible for intently changing this.
Profit - we believe in funding for nonprofits that isn't dependent on inefficient and distracting fundraising efforts. By creating a market based, financially self-sustaining business model we ensure nonprofits can focus more on their mission. We also believe in the power of market forces to increase efficiency and drive real change by influencing consumer behavior.
+ If you have a website for your idea, please enter the URL below.
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