Versions Compared

Old Version 16

changes.mady.by.user user-66419

Saved on

compared with

New Version Current

changes.mady.by.user user-45555

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Fall 2017 Investments

Excerpt

  1. Can we identify and contact interested investors that will introduce AguaClara technology in target communities?

  2. Can we develop investment models that are feasible to communities and attractive to investors?
  3. Can we create a model that conveys AguaClara's mission and impact proposition to prospective investors?

Fall 2017 Investments

excerpt

Summary of Fall 2017:

This semester our team has been successful in the research and initial development of an accounting tool intended to aid AguaClara at Cornell, APP, and the individual communities in efficiently gathering, reporting, and summarizing financial data integral to the successful execution of plant operations and potential to receive impact investments. Our experimentation with the tool using real data from the plants in Honduras has led to the conclusion that this tool will most likely be suitable for our needs. Our next steps include getting feedback on the tool and hopefully sending members from the team down to Honduras to help implement it.

In addition we have compiled a list of potential impact investors that we feel value similar social impact to AguaClara and fit our financial needs for the construction of future plants. We look forward to securing our next location large enough to be funded by an investment rather than a grant and putting together financial materials to present to potential investors to secure that funding.

The questions the investments team addressed during the fall 2017 semester were:

  1. Can we create a database of potential investors (lenders), including a profile of each investor (inc. types of projects financed, investment criteria, board members)?

  2. Can Which professionals can we correspond connect with various professionals to aid in the development of our team?

  3. Can we effectively build a computerized accounting tool to be used by the community board to facilitate financial management and reporting?

  4. Can AguaClara be in a position by the end of this calendar year to formally approach possible investors to provide financing for a specific water project in Honduras?

Fall

...

The AguaClara Investments team is working on creating a model that will be used for contacting investors.

...

2017 Team Highlights

Meeting with Namrita Kapur 8/30/17 

...

Accounting Tool Preliminary Research: The investments team researched several accounting softwares in addition to Quickbooks, and selected Quickbooks to use as the basis for the accounting tool. The other softwares researched were:

  1. Accufund
    - Designed for government or municipal projects
    -Many of the features in place in this system are designed for the ease of reconciling problems that towns and cities face, rather than an organization like AguaClara
    • AguaClara needs a simplistic report
    • More accounting knowledge would be necessary to utilize this tool - would need to be taught to plant operators
    • Not as user-friendly as QuickBooks

  2. ZipBooks
    -Uses cloud based accounting platform
    -Could be an effective way to cut cost costs
    -Drawbacks:
    • System is cloud based
    • Not applicable in places with unreliable wifi
    • No Spanish language support
    • Unclear who has ownership over data

  3. FreshBooks
    -Similar to QuickBooks
    -Uses cloud based accounting platform

  4. UltraTax Accounting CS
    -Unclear whether it is was translatable to Spanish
    -Many functions are more complicated than the simple tools
    -Unclear whether it’s customizable

Spring 2016 Investments

Excerpt

  1. Can we identify and contact interested investors that will introduce AguaClara technology in target communities?

  2. Can we develop investment models that are feasible to communities and attractive to investors?
  3. Can we create a model that conveys AguaClara's mission and impact proposition to prospective investors?

Fall 2016 Investments

The AguaClara Investments team is working on creating a model that will be used for contacting investors. 

Section

Members

Nicolette Ocasio

Jenny Chan

Jonathan Tsang

Aditi Athavale


Column
Documents

 

Challenges

Tasks

Symposium

Final Presentation

Final Report

Fall '16  

 
Spring '17  

 
Fall '17  

 

Image Added