Download - Task Squad: Developing a self-sustaining commercial enterprise within the voluntary sector
Government funding
Corporate relations
Individual & events fundraising
Trusts & foundations
Sustainable trading income
Unique start-up incubator
programme
Run by Sidekick Studios
Help charities design sustainable
spin-out digital businesses
Funded by Nominet Trust -
£150k per charity of in kind
£20k cost to each charity + staff time
Looking for 2013/14
participants!
Lean start-up approach – 3 month test & build
Agile & rapid digital & service development
Aimed to be distruptive– and take from other
successful models
Build, test, learn, iterate – fail fast learn fast
approach
Led and managed by Knowledge & Innovation
team
Fundraising team support to identify new funders and
partners
Digital team support both at design and test/deploy
phase
Senior Management Team –brought in regularly as part
of big decisions
Cross team collaboration =
hugely important!
How it works
Product built on vInspired’s unique
API
Evidence based –research from clients/users
Tested with 3 clients and 20 young people
Offline and online testing of idea
Minimum Viable Product – will hold
20 clients & 100 young people
Taking popular Task Rabbit model from
US
Opened to any registered users on
vinspired.com
Mobile responsive & SMS functionality
The business model
The story so far for 2013
JanuarySidekick Schools begins
FebruaryTask Squad
agreed as an ‘Employment Business’ to
sit within vInspired
trading arm
MarchTested with Old Spital
Fields Market & vInspired
AprilMinimum
Viable Product
launched –can hold 20
clients
The Young Foundation Accelerator Programme
begins
MayNew clients –Which? Mint Good Agency
JuneGoogle
Impact Award £100,000
JulyBusiness plan launched at
Young Foundation Demo Day
Social Impact
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-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
Year 1 Year 2 Year 3
£s for Young People
Young people employed
Young people employed
Young people employed
Financial Impact
-
50,000
100,000
150,000
200,000
250,000
300,000
350,000
400,000
450,000
Year 1 Year 2 Year 3
Costs Revenue Investment
Curating a young
person’s micro-work
force
Quality and proven young people
Creating strong
futures for young people
Flexible to employers
needs
Creating sustainable income for vInspired