Project Plan



  • Project Plan

    In this thread we describe the core task for the project. Most of them are already published in the business plan presentation and other parts of the website, but this page acts as a public central overview all the core tasks and future steps.

     
    Stage 1

    • Find Seed Investors to fund the project with 250K USD capital. The funds will be used to incorporate in Singapore with a minimal team to put the project on proper legal grounds.

    • Find 5-10 Co-Founders who bring in specialist experience required to apply for the investment fund licence. Required are professionals in the area of Investment Advisory, Wealth Management, Accounting and Senior Management. Co-Founders have to prove their skills and abilities by going through an evaluation program first.

    • Find 15-20 Interns. The Internship program is open to students and professionals who like to gain experience to work on a startup project and contribute with individual skills and knowledge.

    • Complete the business plan, finance plan, marketing plan and presentations.

    • Conduct market research in Singapore by interviewing potential customers for their feedback.

    • Complete the software development to automatically create the monthly funds - our core product. So far development of the second generation of our software is about 50% complete.

    • Complete the customer dashboard portal, the website customers will use to manage their investment fund account.


    Stage 2

    • Find Seed Investors to get 25 mio USD start capital. That means we have to use all energy to advertise our project and approach incubators, startup accelerators, venture capitalists, family offices etc. and present our idea on various Fintech conferences.

    • Hire core team of 10-15 professionals.

    • Apply for MAS licences to become a proper licenced investment fund.

    • Invest at least 10 mio USD into our own funds, so we can fully cover our operating costs after 1-2 years.

    • The licence process requires us to setup proper processes to comply with Anti-Money Laundering (AML), KYC (CDD/EDD), Source of Funds (SOF), Source of Wealth (SOW) and various other processes.

    • We have to pass an external audit on our procedures.

    • We need to get out monthly funds approved and licenced for public use and also pass an audit that our offer is fully compliant with regulations.


    Stage 3

    • Carry out the Marketing Plan and promote the investment fund to customers.

    • Break even and cover all operating costs from self-investing


    Stage 4

    • Carry out the expansion plan and move to the next country, adopt to the local culture and start the whole process of incorporating and licencing all over.

    • As the monthly funds in each country are the based on the same stocks, we can centralize purchasing from all countries.

    • Carry out the Marketing Plan and promote the investment fund to customers.

    • Prepare to move to the next country.


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