《UNLOCKING WEALTH THROUGH HATS ENTREPRENEURSHIP》

CREATIVE LAB 4 HATS ENTREPRENEURSHIP

✔✔✔WHAT SPECIFIC PROBLEM ARE YOU SOLVING? 
 ⭕《A vision of an inclusive global wealth》

2.7 billion  undeserved & unbanked crafts workers could turn hats  entrepreneurs: A vision of inclusive global wealth
➖The Hats Entrepreneurship market map
⭕What would a vision for 《inclusive global wealth 》 for hats entrepneneurs look like?
As outlined from our findings , the global wealth deficit is projected to reach $8.5 trillion by 2030. We believe that one of the root causes behind this is the widening inequality of access to finance  — 80% of crafts , artists , or hats makers in Sub Saharian Africa do not own a bank account ,   and cannot access meaningful trade  / finance opportunities designed for crafts workers. 
➖Addressing these urgent unmet needs of the unbanked artists is the biggest challenge and opportunity to come along in decades. Here are some of our key findings so far.

⭕The world of wealth is changing at an unprecedented rate — 1.2 billion artists /crafts people worldwide will be affected by technologies over the coming decade. The impact of this wealth shift will be extremely disproportionate as 80% of hats making businesses facing fundings challenges do not have access to finance. Yet only 30% of crafts people at risk of business closure never received funding in recent years, and those most at risk are often the ones who do not own a  bank account at all. Financial institution, microfinance  , credit unions and alternative funds providers all have an important role to play, but there are strong business imperatives for banks to step up too.
⭕What’s the problem?
Around 80% of today’s crafts workers do not have an inventory management system in place , on a phone, or a  computer , neither do they have access to a platform. We’re using ‘crafts workers ’ and ‘hats makers’ to describe those hats entrepreneurs — 2.7 billion worldwide in 2018 — who make up a majority of crafts industries that support both our economies and our communities, from hats makers, supermarket employees, freight and delivery workers , retail and manufacturing.

While frontline roles in these sectors vary significantly, there are some things that they have in common:

Perform banking role remotely
Strong need for regulatory compliance or other workplace health & safety standards
Use a range of equipment
Tend to be hourly-paid shift work
Do not hold a bachelor’s degree
The rapid shift to digitalisation since Covid-19 has meant that frontline workers are being overlooked by sweeping digital transformation at their workplaces. The growing popularity of remote and hybrid working has seen an explosion of new tools designed to support activities from productivity and project management to workflow automation and employee engagement. 

?Alternative Investment Structures
?Blended Finance Vehicle

While adressing the lack of guarantees of underepresented hats making businesses innSub Saharan Africa , the Creative Lab 4 Hats Entrepreneurship also set out to pull together a financing structure solution to provide  loans to undeserved  small businesses in Cratfs Industries, which resulted in a Funding Platform. The blended finance structure leveraged guaranty funds (including the bank guaranty program), philanthropic funds, subordinated loans (from foundations , program related investment (PRI) investors) and senior bank capital to reach underserved small businesses which have been traditionally under-resourced and disproportionately impacted as a result of lack of guarantee . The fund's platrorm will use CDFIs to distribute cash, using a coordinated technology platform (run by Massachussets Institute of Technology - MIT) and created a new economic model to strengthen and support CDFIs.

The structure is innovative on a number of different levels including: (i) using third party non-profit ( @The Hub Advisory Firm ) as the fund manager to allow for donations and PRI investments, (ii) establishing a governance and allocation committee comprised of local leaders, lenders, bankers and lawyers to allow for flexible and impartial approvals of changes as the structure progressed, (iii) leveraging government funds and guaranty programs, (iv) bringing loans off balance sheet , which is a major limiting factor in their ability to scale and (v) using a technology platform to allow for insight and to ensure fair and equal allocation among all geographies.

1. Beneficiaries

The beneficiaries of the fund are small businesses in California. So far over loans have been made to over 700 small businesses in 36 counties across the state with a total of over $45 million being funded to date. Of the these loans, over 80% have been made to a business owned be a woman or person of color located in a low- or moderate-income community. Indirectly, we are also helping the CDFIs involved in the transaction.

2. Structure

The  Fund structure is innovative on many dimensions: 

⭕It blends government money (either a guaranty of small business loans or providing subordinate first loss guaranty funds into the structure) with donations/grants and PRI capital which forms additional subordinated capital and senior bank capital – this allows us to leverage the subordinated capital to crowd in private capital
⭕Has a third party owner and management structure which allows for real time changes and decisions to ensure that the mission of the program is achieved – which is helping the smallest of the small businesses which have been most severely affected by the pandemic and left out of other programs such as PPP (ex. the committee is able to ask CDFIs to prioritize certain geographies if we see that small business owners in those areas are falling out of the pipeline) 
⭕Creates a homogenous product so that we can create a pool of assets which we can raise capital for – this is significantly more efficient than each CDFI raising capital on its own
⭕Creates an off balance sheet structure for the CDFIs – one of the greatest challenges to CDFIs is that they are required to hold significant net assets and as a non-profit growing those net assets is very hard – this structure moves 90-95% of the originated loans off balance sheet for the CDFIs allowing them to do 20x leverage rather than 4x leverage which is typically what they could do 
Uses a single platform for loan applicants – Connect to Capital (CRF’s technology platform

Unlocking wealth through Hats Entrepreneurship

The First Hats Making Impact investing PLATFORM and monetizing app

Creative Lab 4 Hats Entrepreneurship

Lab 4HatEntrepreneurship  is an organisation that allows unbanked crafts entrepreneurs to  connect hats projects with impact investment opportunities and CSR initiatives., hence sharing wealth in global markets
The platform provides corporate and match-funding opportunities, plus training, support and tools for impact investors
In 5 years, the platform aims to raise over £21 Million for over 4, 000 projects. The community is free to join, with no application or subscription fees. Instead, we'll retain a 5-12% non-profit support fee on donations, plus a 3% processing and transaction fee. This means that a donation of £10 (with Gift Aid) would raise £11.25 for charity.
We make a commitment to raise more money than they take in fees from your organisation. For every $1 that goes to Global Giving in fees, they raise an average of $2 for your cause through matching funds, corporate partner donations, bonus rewards, marketing efforts and gift cards.

GoFundMe
GoFundMe has partnered with PayPal Giving Fund to deliver funds. Donations are processed by PayPal and GoFundMe before being sent to the PayPal Giving Fund – a non-profit organisation which collects and distributes them to the chosen charity.  All charities registered with the Charity Commission in the UK are listed in GoFundMe’s charity directory and funds are passed automatically to the charity by PayPal Giving Fund.
 
Since starting in 2010, GoFundMe has raised over 2 Billion benefiting over 2 Million individual giving campaigns.
We'll charge a 5% fee per donation for US, Canada, and UK individual campaigns.
The platform will offer smaller crafts workers teams the opportunity to set up fundraising campaigns quickly and easily. 
The GoFundMe free-to-use fundraising platform will recently be launched, with ‘invest anywhere’ button integration for ease of payment, which could well see the platform offer even greater benefits to investors in the future.
 
What charities get for a £10 donation:
Processing Fee: 1.9% + £0.20 per donation
Gift Aid: Yes
Service Fee: None
Total To Charity: £12.06
 
Good Thyngs
Good Thyngs is a cashless donation and engagement platform that allows you to create, manage, and track online, in-person, and virtual campaigns, without the need for card terminals or any digital skills.
 
You can collect cashless donations (with Gift Aid data) and much more using easily editable templates. For example, you could create a collectable trail, instant raffle, or selfie filter, and collect marketing opt-in or feedback on the go.  
 
Everything you create generates a URL link and QR code, meaning you can reach your audiences wherever they are – and quickly, too. You can print QR codes onto anything, like posters and stickers, newsletters, and programmes.
 
The simple technology means that physical objects like collection buckets, medals, leaflets, and wristbands can fundraise for you, with donations crediting you immediately, even if you can’t be there in-person.

What charities get for a £10 donation:
Processing Fee: Varies depending on processor
Gift Aid: Yes
Service Fee: 2.5%
Total to Charity: £12.25 (minus processor fees)
 

▶Pionner of processing ideas , transforming lives and UnLtd Impact fund investment ambassador

▶Creative Lab 4Hats Entrepreneurship part of the OLDHAM HAT CLUB

PROMOTING MILLINERY DESIGN AT COMMUNITY LEVEL

WITH THE INTER  - ETHNICITY AND  HATS ENTREPRENEURSHIP PROJECT

✔We launched a campaign : 《Together we're connecting hats to language》
 
▶How : By supporting campaigns, take action, and chat to more than a million unemployed  disadvantaged women across an organised network.

✔Explore business and digital skills , crafts & technology

"Our mission is to engage hats making conversation in duálá , give french BME women the tools, support and confidence they need to improve their lives "

▶Organised members emailed and then met with Jennette Arnold Chair of London Assembly ,  and actively participated at the  former city mayor of London Boris Johnson fashion show.

We did optimise a 《beneficiary experience》  to currently serve 300 crafts people

We have created a《 beneficiary experience》 with 300 unbanked hats makers through language and hats making skills

Why is beneficiary experience important?
Delivering beneficiary experience: we devided to focus on  key stages called  Beneficiary experience framework  , that led us to the Creative Lab 4 Hats entrepreneurship beneficiary experience strategy

《A good Hat Club "ÉYAYÉ" provides employment  through training in hats making , but a great HAT Club "ÉYAYÉ" provides beneficiary experience》.

Those 300 beneficiaries and trainees are essential building blocks that shape an organisation and help run it effectively. As a holistic experience of a trainee with a company, right from the job candidacy until the exit, trainee experience /beneficiary play a pivotal role in attracting top talent. 

While offering an incredible trainee experience to attract talent is one thing, retaining them is quite another. That’s why organisations are now shifting their experience framework from the typical “need to train” to the all-new “want to train” model.

When trainers fail to meet their trainees' expectations for the workplace experience, employees begin to disengage, slow down on productivity, and look for other employment opportunities. Unless employees keep up with innovation, high-growth firms create a void in productivity as they grow at blazing speeds. The solution is to make the job role more meaningful.

Optimizing the work experience is key to retaining top talent in a dynamic and competitive industry. The more experiential your approach is, the better it resonates with the workforce and allows everyone to excel tactically.

Let's look at some compelling ways to tweak employee experience strategies for best results.

What is employee experience?
Employee Experience (EX) is everything an employee sees and encounters at work. It has a broad meaning and encompasses all employee and employer interactions. It's one of the most valuable and wise investments a company can ever make.

Focusing on employee experience has gained momentum in recent years. Interestingly, EX in the workplace enables a company to flourish. Employees want their organizations to deliver an experience that meets and sometimes exceeds their expectations, is personalized, more meaningful, digital, and user-friendly. 

A strong trainee experience strategy, like any other business initiative, is designed to improve an organization’s overall performance. Unbanked hats makees  no longer want to be viewed as unworthy a,d unbankable. The sooner this reality sinks in, the greater their loyalty and positive volitional attitude toward motivational tendencies will be greater.

Today, valuing hats makers relationships is more important. Work inspires people, not the hats they are selling, so it matters that they feel valued to impact the community. To build a strong artist brand, the framework must be laid to reinforce crafts workers experience so that people feel accomplished rather than just another cog in the system.

Why is hats makers experience important?
The past decade has been a turbulent one in the corporate environment, with many factors transforming business, the economy, and society in unimaginable ways.

The transition was more evident in terms of employee experience. While companies are still figuring out how to navigate a disruptive economic environment, few business owners believe the problem is solvable.

If you work in human resources management (HRM), employee experience is a litmus test, as each move you make to solve ongoing issues has a ripple effect throughout the organization. Most business leaders understand the value and impact that employee experience can have on their company. 

Investing in employee experience not only helps deliver better employee engagement but also increases productivity by 21%, business profitability by about 22%, and

✔✔✔Why are you applying to solve?

⭕The reason why i'm applying to solve is to give an overview of the monetising schemes available to underserved ethnic minorities crafts workers and hats entrepreneurs today and where the banking technology market is heading.

⭕The emerging areas that will define the future of Banking Technology and Entrepreneurship impact finance for hats makers.

⭕If you are an impact finance leader, you will take away:
Insights into the next generation of learning tools that tackle unique challenges unbanked black & brown crafts workers face at each stage of their activity.

⭕As an impact investor, you will have a deep understanding of the financial challenges and blockers facing frontline undeserved french speaking crafts workers and Ethnic Minorities hats makers.

⭕A current market roundup to clarify what’s being done, profile key players & competitive developments, hence identify the most exciting areas of opportunity.

⭕I'm as well applying to solve to share the vision for the next generation of hats making inventory management tools that can make a difference at scale.

Creative Lab 4 hats  Entrepreneurship
Seed Spot Application

Impact Investment Funds for African Hats making Entrepreneurs

 ⚫⚫⚫Why do you want to be part of SEED SPOT's Impact Accelerator? How will this program benefit you and your venture?

 This programme will help me become Investment ready , get funded prior to the training start for my day  to day core acttivities , network with like minded social entrepreneurial innovators from  my ecosystem 
While accessing seed finance , via the SEED SPOT impact Accelator , I  want to be the global lead  change maker  whiile pionnering  unloxking wealth via Hat Entrepreneurship.

⚫⚫⚫⚫ In a tweet (280 characters or less), describe what your company does.

 We  are  a PlatFin start - up  serving the undeserved communities , we use hats making and technology  to create wealth around global markets.
By providing a platform where local unbanked hats makers can share their work , manage their inventory and  sell to department stores . 

 11:08 AM ET: Why Good Regulation (Yes, Regulation) Will Drive the Next Wave of Innovation in Fintech and Banking
While headlines focus on the negatives of crypto, innovations in fintech and banking continue to drive positive results across the business world. The common threads driving these success stories are cloud services, security, and smarter regulation. In this timely panel conversation, industry thought leaders will reveal the latest insights on what is working, where the next phase of fintech will lead us, and how your business can take advantage.
Session giveaway alert*

@The Hub consultancy company
@The Hub advisory firm

Areas of expertise 

?Global Financial services
Succession planning 
?Wealth management

?Innovation & Design 

 Therefore, the challenge for anyone involved in knowledge management is, “how can I unlock the potential of the knowledge and information siloed within my organization and turn them into actionable processes?” 
More scientifically, Schoen and Argyris say we use two 
theories of action: “Theory in use,””, which is what we do, and “Espoused theory,” which is what we say we do. The Espoused theory is not intended to actively mislead but is instead a combination of intention and hope, modified by external factors. Closing the gap between these two theories is the route to improved individual and team performance. Actions should be consistent with words. In this e-book, we cover how to accomplish this and more.

 ?Applying  CRAFTS fundamentals IN HATS ENTREPRENEURSHIP : A solution centered approach  

A 3 years , research based programme , born out of a need to scale up with The Hat Club《Eyayé》and bring our Cameroons littoral  & language culture into hating ! 

it aims at :

✔Using hats making as a vehicle to promote duálá language
✔Create jobs
✔Creative Funding solutions for hats projects 
✔Tackle  social inequality among women 
✔Break the language barrier 
✔Technology & basics ICT skills to marginalised crafts workers

? DIGNITARY PROGRAM
CREATIVE LAB 4HATS ENTREPRENEURSHIP

                                     &
                        IMPACT INVESTMENT

 
✔To choose 20 headdresses and hats collectioners  dignitaries notables from our dignitary program to predict the economies of the world , hence share wealth in global markets through technologies and structured financial products

⭕INDUSTRY: Banking Technology , Knowledge Management metrics , that lead to financial inclusion  l'Industrie  culturelle de transformation humaine et les arts du chapeau comme vehicule d'impact social 

⭕STRATEGY:  Focused support critically impact investment in hat wearing men-owned notability titled 

⭕A STRUCTURED AND VALIDATED NETWORK OF 200 CULTURED DRIVEN WEALTHY TRADITTIONAL HATS OWNERS

SOCIAL IMPACT AFRICAN PROGRAM  will accelerate the untapped wealth of over 200 people in Central Africa to achieve operational excellence and prepare for philanthropy among the dignitaries . 

⭕HOW Impact driven,  hats makers Afican philanthropists and notability dignitaries  come from all activities : farming , local community , they are even royals 

 ⭕We will  develop a methodology that revolves around three dynamic, interactive aspects: crafts activities , cultural leadership program , social and community clubs , accelerator readiness , stage-specific programs, and executive-level mentoring.

⭕OUTCOME
We walk with you every step of the way in building a more sustainable, scalable, and market-based enterprise. The expected outcome of our accelerator programs is that our social entrepreneurs will have a strategy for growing their enterprises in a financially sustainable manner through a validated business model and be able to secure the funding necessary to do so.

⭕It is not if social impact investment will ever work in global matket , Sub Saharian Africa ,  neither is seeking pursuing rural  knowledgeable investors with social value the dilemma , 《IT IS - HOW WILL IT EVER WORK》? 

⭕What does impact investing with a social value mean for the Sub Saharan crafts /creative industry ? 

⭕ How can we access the inacessible route , hence closed social circle of still unkwon billionnaires in wisdom , monetize and transform  unto  valuable global assets 

⭕We talk about culturalism and cultural proximity 
The big 4s , in terms of management consultancy do the diligence , work on a macro level , but  will probably not go to remote areas and pitch about why they should come on board , share , as sometimes or most often there's an adaptation issue.

Entrepreneur support Sells business support to its target population. Microfinance organizations, consulting, or tech support Appropriate training for the entrepreneur

Market intermediary Provide services to clients to help them access markets. Supply cooperatives like fair trade, agriculture, and handicraft organizations Low start-up costs, allows clients to stay and work in their community

Employment Provide employment opportunity and job training to clients and then sells its products or services on the open market. Disabilities or youth organizations providing work opportunities in landscape, cafes, printing, or other business Job training appropriateness and commercial viability

Free-for-service Selling social services directly to clients or a third-party payer. Membership organizations, museums, and clinics Establishing the appropriate fee structure vis a vis the benefits

Low-income client Similar to fee-for-service in terms of offering services to clients but focuses on providing access to those who couldn’t otherwise afford it. Healthcare (prescriptions, eyeglasses), utility programs Creative distribution systems, lower production and marketing costs, high operating efficiencies

Cooperative Provides members with benefits through collective services. Bulk purchasing, collective bargaining (union), agricultural coops, credit unions Members have common interests/needs, are key stakeholders, and investors

Market linkage   Facilitates trade relationships between clients and the external market. Import-export, market research, and broker services Does not sell clients’ products but connects clients to markets
Service subsidization

⭕Creative Lab 4Hats Entrepreneurship : 
      RESEARCH & Strategic CONSULTING 

➖Global wealth transfer 
Market routes alternatives 
➖Prosperity activation plan via mapping 
➖Headdress , head pieces oriented object using 3D , 4D dimensional 
➖Economic empowerment programme through crafts
➖Poverty reduction plan
➖Digital Technology Innovation as entrepreneurial solutions 
➖Dilligence 
➖Report and stories telling
➖Prototyping master headdress

⭕HAT CLU B 《EYAYÉ》 : 
➖Dignitary and hats  notability program in local languages 
➖Grassroots artist engagement ( collaboration ➖Exchange in remote places , surveys , dilligence 
➖Human based approach ( taster sessions , 

⭕@The Hub  Advisory Firm :
➖The global networks of financial services , lmpact ➖Investment Platform ,
➖impact finance instruments
➖Funds Leverage , wealth management