Financing

Standardisation of the LABIC | Phase 2: Maturation

This new maturity process will aim at giving the product/solution continuity through a detailed road map that will establish the direction of the project, and the vision and priorities to convert it into a long term one. In terms of the team, this phase will be used to consolidate the internal organization through a variety of mechanisms (described below) that should allow it to become a more stable structure such as a cooperative, a company, a trust, etc.

This maturation process has been pioneered in ten citizen projects between 2020 and 2022 and as a result, nine out of the ten teams are working with the selected communities and making headway in solutions related to disability and environment.

Financing

The organisers give a seed capital to each one of the groups to invest in the development of their projects.16

(16) Financing ranges from 3000 to 10000 euros depending on the scaling aim of each project.(from local to international).