Economic Modelling for Bluethumb Technologies/Blueprint Loyalty Program

Closed
Project
Academic experience
350 hours per learner
Learner
Anywhere
Advanced level

Project scope

Categories
Accounting Market research
Skills
financial modeling economic modeling master of business administration (mba) information technology operations payment systems investments english language economics blueprinting research
Details

PROJECT DESCRIPTION/DESCRIPTION DU PROJET:

Bluethumb Technologies is currently seeking students to make economic models of the various aspects of the Blueprint Loyalty Program and Bluethumb Technologies.

The company is currently in stage one of it's two stage MVP development. The company first plans to launch the loyalty program at a local university before moving to a city wide test among various stakeholders we hope to acquire in the program.

The company is looking for 5 students that can collaborate and do the required economic modelling for the following areas:

1. Retailer cost and profit models for the Blueprint Loyalty Program

2. Central Fund model (How much money is needed to start and how much is going in and going out of the fund). Solve various problems regarding retail cost of doing business within this aspect (IE if consumer asks for a refund). Make investment model based on money flow that returns profit to the fund to create tokens for the fund. These models include for post secondary institutions with payment systems that allow students to use their student card for purchases. In addition to this, apply a banking/credit union model that would show the profit of the fund and what is in it for the bank/credit union

3.How many tokens should students receive from the fund if they are eligible to apply? How often should they get these tokens?

4. Model How non profits would be able to help their clients on a financial level while keeping the fund flush with cash, while asking them to help fund the model itself for their own clients with a certain % of their funding.

5.Determine a pricing model for the company that targets post secondary institutions and non profits. Aid in Determining what is included in pricing

HOW MANY STUDENT INTRAPRENEURS WILL THIS PROJECT ACCOMMODATE?/DE COMBIEN D’ÉTUDIANTS AVEZ-VOUS BESOIN POUR EXÉCUTER CE PROJET?

This will support 5 Intrapreneur students. Please note that we would prefer honors or MBA level or higher for this project. The students must be familiar with modelling and know how to make reasonable assumptions.

TIME COMMITMENT PER STUDENT/TEMPS DE TRAVAIL PAR ÉTUDIANT: [please indicate either 30 hours, 50 hours, or 70 hours/veuillez indiquer 30, 50 ou 70 heures]:

With the amount of research and work required, we estimate the project will be over 70 hours per student.

KEY PROJECT ACTIVITIES/TÂCHES ASSOCIÉES AU PROJET:

  • Make Economically viable financial models for the Blueprint Loyalty program that are feasible and affordable to our customers
  • Come up with a pricing model for the company
  • Determine how much capital the company will need to raise in order to run it's operations and run the post secondary test market.
  • Determine any capital options that company may have.

IDEAL ROLES/RESPONSIBILITIES/RÔLES/RESPONSABILITÉS:*

Please note appropriate projects can accommodate most students, regardless of field of study or experience. We may not be able to fill these roles exactly.

Veuillez noter que les projets appropriés peuvent accueillir la plupart des étudiants, quel que soit leur domaine d'études ou leur expérience. Nous ne pourrons peut-être pas remplir ces rôles exactement.

  • The Ideal Candidates will have a background in economics and finance.
  • The ideal candidates will be either an Honor's student or MBA or higher.
  • Weekly meetings are mandatory to update on progress.
  • Experience in Economic and financial modeling preferred as this requires significant attention to detail.
  • Please note that an NDA/ Independent contractor agreement must be signed.

FINAL PROJECT DELIVERABLES/LIVRABLES DU PROJET:

  • Economic Models for all activities mentioned above
  • Put findings an a report which includes sources of capital that our company would be eligible for.

IN WHAT LANGUAGE WILL THIS PROJECT BE PROVIDED/DANS QUELLE LANGUE CE PROJET SERA-T-IL FOURNI: (English/Français)

The Project will be in English

PROJECT MENTOR NAME/NOM DU MENTOR DU PROJET:

Fergus Dearden

CEO Bluethumb Technologies.

Deliverables
No deliverables exist for this project.
Mentorship

Fergus Dearden will provide weekly meetings so that the student can update him on the progress of the project.

About the company

Company
Business services, Technology, Banking & finance, Marketing & advertising, It & computing

Bluethumb Technologies is a socially innovative financial technologies firm that provides innovative technological solutions to todays social problems. Our incorporated company has been in business for the past 18 months and we have made significant headway during that time period. We have worked with teams of students in both computer science and business to help our company grow to the point that it is now. We were recently awarded a $15,000 grant, which we have used to hire a PHD student to help build our proprietary loyalty integration technology as well as fully develop the Blueprint Loyalty Program prototype, which is expected to be completed in January/February of next year. We are also a stage 1 Propel Alumni company (https://www.propelict.com/) and we have just recently applied to Dalhousie Universities Creative Destruction Lab and we have been invited to interview week. Come be a part of our growing company, get experience and help us get Blueprint to live here.