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Create an email update/follow template using the attached Executive Summary as a reference to send to companies 2 Executive Summary

May 18, 2024

Create an email update/follow template using the attached Executive Summary as a reference to send to companies

Executive Summary for the “I Spark Change: Comprehensive Project Plan.”

Include a short statement to introduce our purpose.

We seek to create the world’s first social impact – social media platform to empower and connect humanity to spread positive change and elevate social impact.

1.
Clear Value Proposition:

Social media connectedness, powerful advocacy tools, and community-building elements in one seamless environment make the I Spark Change platform unique and empower a global community of changemakers. Users can connect, share inspiring tales, discuss important issues, empower one another, and directly support grassroots movements, petitions, and crowdfunding initiatives. A personalized, impactful experience with AI-powered content curation, data analytics, and effect tracking drives collaborative action.

2.
Target Audience:

The I Spark Change (ISC) Social Impact Social Media Platform targets socially conscious individuals, non-profits, responsible corporations, advocacy groups, impact investors, educational institutions, and social entrepreneurs.

3.
Business Model:

The I Spark Change (ISC) Social Impact Social Media Platform’s business approach fosters financial sustainability, accessibility, and impact. The primary revenue streams are premium membership models for advanced features and exclusive content, targeted advertising and sponsorship for socially responsible enterprises, and a marketplace for socially conscious products and services.

4.
Financial Projections:

Financial Projections (5-Year Horizon): $100M

Key Metrics:

· User acquisition costs

· Customer lifetime value

· Recurring revenue streams

· Social impact metrics (funds raised, projects supported, lives impacted)

5.
Risk Analysis:

Platform acceptance, technology issues, competition, and regulatory compliance are risks for the I Spark Change (ISC) project. An extensive risk management plan from ISC addresses these issues:

· Agile development methodology for quick adaptation

· Robust security and backup systems for business continuity

· Strategic partnerships for flexible resource management

· Regular risk assessments and mitigation strategies

· Transparent communication with stakeholders

· Continuous learning and knowledge sharing

6.
Investment Ask:

I Spark Change (ISC) is seeking a total investment of $16 million to fund its development and growth over the next five years. The investment will be allocated across three key phases:

1. Foundation and Core Functionality ($1M)

2. Advanced Features and Market Penetration ($5M)

3. Ecosystem Expansion and Revenue Streams ($10M)

7.
Projected Outcomes:

I Spark Change (ISC) projects significant social and financial outcomes over the next five years. By year 5, ISC aims to have:

· 1 billion users worldwide

· Generated over $100M in annual revenue

· Supported 10,000+ grassroots projects

· Engaged 100+ corporate partners

· Achieved measurable impact on critical social and environmental issues

8.
Scalability:

I Spark Change (ISC) scales quickly across demographics and geographies. The platform’s modular architecture, cloud infrastructure, and localization facilitate market expansion. ISC efficiently acquires global user categories through strategic partnerships, targeted marketing, and referral-driven growth.

9.
Current Status and Key Achievements:

With the core architecture and user interface design complete, I Spark Change is in the first stage of development:

⭐️ More than 30k Reach across all Social Media Platforms

⭐️FACEBOOK- In the last year, we have achieved 1.4M Impressions and 1.3M Reach with only Organic Content, increasing our reach by 15.4% and 54.7%, respectively.

⭐️FACEBOOK- 10% more followers on Facebook Page (Over what time frame)

⭐️FACEBOOK- Engagement has surpassed 78.7 interactions, increasing by 18% in the last year.

⭐️INSTAGRAM- The engagement has surpassed 78.7 interactions, increasing by 18% in the last year. (The same as FB?) Comment by Rick Ornelas: (Over what time frame) Comment by Rick Ornelas: Please clarify if both are the same and explain how and where this data comes from.

⭐️INSTAGRAM- 183k Reach from organic content (What’s the time frame?)

⭐️YOUTUBE- 43% more subscribers on the YouTube channel (again, clarify the time frame.)

⭐️YOUTUBE- 75k Impressions in the last year. (No need to have twice unless it’s different)

⭐️YOUTUBE- 75k Impressions and 38k views in the last year.

⭐️PODCAST- Global Top 5% Podcast in the World based on Listen Notes RSS

(How many episodes of the podcast?)

Add in a short summary statement or paragraph here at the end.

>Business & Finance homework help

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