The GoKart 600 is one day for the entire staff of GoKart Labs to invent a viable product or business in 600 minutes. To do this, we rely on our established methods for innovation, condensing our process down to a single day of fearless exploration. 2017 Pitches
2. TEACHING THE
LANGUAGE OF LOVE
I believe everyone deserves to be loved.
When you are able to show a child what love looks and
feels like, you are enabling them to love and respect
themselves and know their worth.
3. MY NIECE
“The most important thing I would like families to
know when considering adoption, is to look beyond
the paperwork, to not judge a child based on what
you read, actually get to know them and form your
own opinions.”
4. “
Every child deserves to know the love of a
forever family. Every family deserves the
chance to thrive.
5. CHALLENGES OPPORTUNITIES
Current system confuses,
underserves foster parents.
Children's needs/uniqueness
under-communicated.
Not enough quality foster
homes to meet demand.
Deliver "family-first" support
early & make it easy.
Make the children’s needs visible
to parents from the start.
Drive foster parent retention
(+ adoption) via better process.
6. FOSTER CARE OVERVIEW
Number of kids in
foster care in the
U.S. per year
671,000 14,000
Number of kids in
foster care in
Minnesota
9,200
Number of foster
care beds available
in Minnesota
7
Average number of
foster homes a child
lives in
2
Average number of
years children wait to
be adopted
Source: (2015 US Dept of Health & Human Services -
Children’s Bureau & AFCARS Report
8. HMW
HOW MIGHT WE
Provide resources to make the foster care system
easier to navigate and personalize?
9. We believe every child deserves a loving and supportive home.
For Minnesotans seeking to become foster parents, Arbor provides the information and
support they need to make a powerful difference in a child’s life — and their own. With
detailed profiles, expert partners and a community of like-minded parents, we’re dedicated
to growing strong foster families from the ground up.
arbor.mn
10.
11. CONNECT WITH A CARE COUNSELOR
Start by creating your family profile
1. Upload family photos
12. CONNECT WITH A CARE COUNSELOR
2. About your family
Name
Email
ZIP
Marital status
Sexual orientation
Religion
Ethnicity
Do you have children?
Do you have pets?
Are you willing to take multiple
children?
Tell us about your family in
your own words.
13. CONNECT WITH A CARE COUNSELOR
3. Who you’re looking for
Gender
Ethnicity
Religion
Sexual orientation
Birth year
Hobbies & interests
Other details
17. Summary of Inflows Costs
Consumer
Subscriptions $39,800 $100,000 Entrepreneur / Leadership
Reimbursed
Subscription $200,000 $50,000 Other support staff
Placement fees $50,000 $277,000 GKL / Platform Dev
Equity Sales $250,000 $156,000 Other (Marketing, Legal, Office)
Referral Fees from
Agencies $250,000
Potential Inflows: $750,000 Total Costs $583,000
REVENUE ASSUMPTIONS
18. Arbor would organize as a B Corporation and
create Series “A” via crowdfunding effort.
GO-TO MARKET
19. 45
investors
$74,300
raised of $150-$200K goal
INVEST
INVEST IN ARBOR
A Sustainable B-Corp that helps families connect
forever
“Lorem ipsum dolor sit amet,
consectetur adipiscing elit. Lorem
ipsum dolor sit amet, consectetur
adipiscing elit.”
Tia Wucher
FOUNDER | CEO
20. SUSTAINABLE BENEFITS
Enable organic growth
investments and
partnerships
INVESTORS,
NOT DONORS
MAXIMIZE
RETURNS
Returns in this case equals
social good, not investor
distributions
SELF
SUSTAINING
A successful B-Corp will
lessen dependence on
investors and donors
21. CROWDFUNDING
We’d get a passionate group of
stakeholders who are committed to
the long term success
INVESTORS,
NOT DONORS
DRIVE
AWARENESS
A chance to emphasize the social
mission and the commitment to a self-
sustaining organization
FUTURE CAPITAL
NEEDS
We’d have a mechanism to
generate capital
for the future
22. MARKET OPPORTUNITY
Searches (15,000 in
Minnesota)
387,000 1.5M
People on FB
interested in foster
care or adoption
7M
Estimated impressions
(687,000 in Minnesota)
$50
Estimate cost
per acquisition
$700,000
Potential subscription
revenue nationally
($150,000 in Minnesota)
23. 200 hours of GoKart services to:
partner exploration
market validation
technology audit
identify data source
legal counsel
business model research
MY ASK