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Financial toolkits for businesses

Provide financial toolkits to new (and existing) businesses

Photo of Nupur
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This idea is based on the NESTA creative toolkit which has been designed with tried and tested methods of teaching and enterprise skills for people who want to start their own business. The concept has been widely successful and there are positive reviews around it in general (both in terms of design and usability and knowledge it contains).

How can we use this?

This idea can be extrapolated to developing nations to have these materials translated in home regional languages, contacts from communities, collaboration with local banks and advisors, examples of other successful businesses around the area and so forth. Tailoring these toolkits around different kinds of businesses and different audience will ensure it will reach to the masses.

Existing businesses can also use this model to leverage into growing their capital, resources and tackling other issues that come along their way. Having them mentor other new, early-growing businesses fosters collaboration and new idea developments.

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Photo of Valentina Ramírez Serbousek

Great idea! I Think that toolkits colud be used by any community because of their simply and cheap materials. This is an advantage we must comsiderate in the project about financial empowerment, because digital tools aren' nt available for everyone. Thanks for your contribution!

Photo of Nupur

Hi Valentina! Thanks for this. I agree that digital tools are not accessible to many, especially to those in the developing nations. The couple of things I wanted in addition to the non-digital version is that they be translated in the regional languages and broken down by each vertical such as retail, commerce, existing business, new business etc.