Spendonate - Cashback for Impact
It is estimated that more than 70% of social fundraisers do not get their target due to a lack of funding. On the other hand, there are people who are looking for convenient and trusted tools for donation. We created a platform where any user can act like social fundraiser and create a campaign or any user can earn cashback from his/her daily shopping and support the social campaigns. As our partners (500+) are the international e-commerce platforms, anybody from any country becomes both supporter (giver) or fundraiser.
Spendonate is a mobile app (Android/iOS) that creates opportunities for anyone to earn cashback and donate them or create a social fundraising campaign. Anybody can use it in daily shopping. Simply buy goods/services online or onsite at our partners and immediately earn cashback, donate those cashback right in the app. Users get higher (extra) cashback if they share partners' products on their social networks which can be easily done inside the app.
We promote and support campaigns related to all UN SDGs.
Our team consists of developers (part-time), SMM and a marketing team. All team members are worked together previously in various projects and therefore understand each other from half words.
- Establishing care work as a broadly respected profession, including reducing stereotypes around gender roles.
- Growth
We would like to get more knowledge about solving market barriers and solving our expansion problems. Our primary goal is not to raise funds but we believe participation in this program will give us skills and network which will help us to fundraise beyond this program.
- Business model (e.g. product-market fit, strategy & development)
We have very interesting unique value propositions. First, this is the only platform where users can earn rewards and create campaigns by themselves. Moreover, merchants (reward givers) get a chance to advertise their products within our network for free (against the amount which they gave as cashback). Companies can also apply their CSR policies together with us.
We would like to get 1 mln users who will donate to social campaigns $10 mln using our platform. This is achievable as only US philanthropy market is more than $400 billion.
It is straightforward - we will have the number of users, the amount asked for donations, the donated amount and etc.
Because we give users a chance to support someone/somebody just free of charge. They do not pay an extra amount or make extra efforts.
Mobile app and later BIg Data
- A new business model or process that relies on technology to be successful
- Software and Mobile Applications
- 1. No Poverty
- 2. Zero Hunger
- 3. Good Health and Well-being
- 4. Quality Education
- 5. Gender Equality
- 6. Clean Water and Sanitation
- 7. Affordable and Clean Energy
- 8. Decent Work and Economic Growth
- 9. Industry, Innovation, and Infrastructure
- 10. Reduced Inequalities
- 11. Sustainable Cities and Communities
- 12. Responsible Consumption and Production
- 13. Climate Action
- 14. Life Below Water
- 15. Life on Land
- 16. Peace, Justice, and Strong Institutions
- 17. Partnerships for the Goals
- For-profit, including B-Corp or similar models
50% of our team are women and we are planning to involve people with disabilities to our advisory board
B2B - we took 30% of the total cashback provided by merchant partners. For users it is free of charge. We also plan to earn from advertisements and the marketplace inside the app.
- Organizations (B2B)
We are a social business and planning to cover our expenses and earn money only from our op operations. Any kind of grants/donations are welcomed but we clearly understand that profitability from our operations will create sustainability.
Founder