Vollar

Contact Information
Project sponsor name and title:
Liam Smith & Kyle Ueckermann
Main contact phone number:

Main contact email:
Liam@vollar.org & kyle@vollar.org
Preferred meeting location during the week:

Company Information
Company name:
Vollar
Company sector/ industry:
Charity/ social development
Year of establishment:
2018
Company website:
https://vollar.org/
Number of employees:

Brief company overview:
Founded by Kyle Ueckermann and Liam Smith, Vollar introduces a novel approach to social development in South Africa, where over 30 million people live in poverty. Partnering with corporations, non-profits, and foundations, Vollar enables disadvantaged individuals to earn money by achieving predefined goals set by organisations.

Through the Vollar platform, organisations assign monetary values to goals, motivating individuals to accomplish them. Upon verification, participants receive Vollar, a virtual currency redeemable at approved local small businesses. This model injects funds back into the local economy while fostering self-sufficiency and community engagement.

Through its model, Vollar aims to offer a practical solution for economic upliftment, promoting self-reliance and effective social development initiatives in South Africa.

Project Information
Project title:
Support Vollar to scale their impact through partnership with Given Gain.
Overall project description: (Please give a brief description of the challenge or issue you are trying to address.)

Vollar has recently entered in a partnership with Given Gain, who run a platform that enables organisations to run better fundraising operations and increase revenue with tools that allow them to build and manage relationships and win support for a range of causes. Liam and Kyle welcome support to maximise on the opportunities that this new partnership presents.
Project Focus Area Information
You will be assigned one or two teams with up to six students per team; each team should address a specific focus area related to the main project
Project Focus Area 1
Focus Area 1 Project objectives: (Please articulate the objectives of the project as concretely as possible, ideally using bullet points. How will you measure success and what would you like to change as a result of this?)

Identify/ promote new business opportunities

- Explore alternative fundraising and revenue-generating sources that the new partnership with Given Gain could present, eg high net worth individuals (HNIs).
Focus Area 1 Supporting resources: (Please describe the resources – in terms of staff, data, customers, suppliers, etc. – that will be available to students during this project.)

 

 

 

 

 

 

 

 

 

Project Focus Area 2
Focus Area 2 Project objectives: (Please articulate the objectives of the project as concretely as possible, ideally using bullet points. How will you measure success and what would you like to change as a result of this?)
Define framework and strategy to scale Vollar’s social impact

- Through the merge with Given Gain, Vollar now has the opportunity to build more robust programmes that encapsulate volunteering, fundraising and awareness building. Liam and Kyle would like support exploring the legislation and accounting practices required to facilitate the financial management of these opportunities.
Focus Area 2 Supporting resources: (Please describe the resources – in terms of staff, data, customers, suppliers, etc. – that will be available to students during this project.)