SMART CITIES / FIRST FUNDING
Karl Dakin
Capital Coach | Stakeholder Investor Campaigns | Design, Stage, and Manage or Support | Reduce Time, Money, and Risk of Raising Funding | Increase Probability of Success! | Opportunity Management
FUNDING FORTUNES
"A big idea is exciting, but a well-executed small step is what builds trust."
Entrepreneurs often ask for the ‘big check’ that will fund their entire vision. However, investors may not share the vision, understand the vision, or trust the entrepreneur with major funding. This challenge can be addressed by staging investments based on performance and achievement of milestones.
?QUICK CALENDAR
?NEXT TUESDAY, March 4, Successful Funding show, Closing the Gap with Investors - 8 am Mountain Time, 10 am Eastern https://www.dhirubhai.net/events/successfulfunding-fillingthegap7300295275070271488/theater/
?NEXT FRIDAY, March 7, NC3’s 2025 National Conference: Changing the Paradigm: Mobilizing Community Investment Funds, East Lansing, Michigan – 8 am to 4:30 pm Eastern Time.
April 2 thru April 23 - Investor ID Webinar - 8 am to 9 am Mountain Time, 10 am to 11 am Eastern Time -Targeting High Probability Investor Candidates: Finding Your Funding Soulmate – 1st in Four-Part, One Hour, Weekly Series starts on - https://dakincapital.com/event-6036637
?FUNDING POINT – SMART CITIES / FIRST FUNDING
The funding of a smart city will be at different levels, stages and dollar amounts that may be completed continuously over time. Where to start?
Funding should start with a vision for an entire smart city as a sustainable business enterprise.
A single business or industry is the key to a smart city upon which all infrastructure and services may be built. This is contrary to history, where cities ‘sprang up’ to serve the people in a new industry. The thinking about cities has been largely reactive, with little examination of where the industry comes from and how it can be maintained. In rural communities across America, the primary industry has disappeared or is in such a state of decline that the city's failure is inevitable unless someone stands up a new industry.
The greater challenge is recruiting an industry (a single business or cluster of businesses) that justifies the investment in infrastructure and all associated operating costs.
In funding a smart city, it is necessary to fund a business or group of businesses as the anchor tenants. This investment may be made directly or through an investment fund.
However, any business needs a ‘space’ to call its home, which can house, feed, transport, and care for the people who work within the business. This means that funding a smart city requires consideration of both the anchor business and the infrastructure. In many respects, this is a ‘company town’ structure.
Investor candidates may treat investment in infrastructure as safer than investment in a business. However, this is no different than investment in an apartment complex with the possibility of no tenants. Those apartment builds that are fully occupied with a stable set of tenants command a higher price because the opportunity has been de-risked. Similarly, funding for a smart city should be viewed from a macro perspective, where funding is available for everything within the smart city.
First, funding is necessary for the anchor business. This must be matched in time with funding for housing, water, waste, power, food, and supporting businesses because one cannot succeed without the other. The size and type of business should determine how much housing, water, waste, power, food, and supporting businesses are needed. Funding should be provided through a common scheme.
?RESOURCES ON SMART CITIES / FUNDING
Technical articles on revenue sharing from Google Scholar include:
??Books available on Amazon:
ASK CAP
CAP is my AI avatar produced by Knowledge Avatars and trained by me on topics of funding and entrepreneurship. CAP is available on the Dakin Capital website where you may ask questions about funding without charge.
I asked CAP:
What are likely subjects of initial funding in the establishment and development of a new smart city that is built around a singular industry or business with sufficient jobs to merit a new city
CAP responded:
When establishing a new smart city centered around a singular industry or business, initial funding likely focuses on several key areas:
1.???? Infrastructure Development: This includes essential utilities such as power, water, transportation systems, and digital infrastructure to support smart technologies and connectivity.
2.???? Housing and Real Estate: Initial funding is crucial for residential and commercial property development to accommodate incoming workers and businesses.
3.???? Sustainability and Environment: Investment in sustainable practices, renewable energy sources, and environmental protection measures is integral.
4.???? Technology and Innovation: Funding for implementing smart city technologies like IoT, data analytics, and automation to enhance efficiency and livability.
5.???? Education and Workforce Training: Building educational facilities and training programs tailored to the industry ensures a skilled workforce.
6.???? Public Services: Establishing healthcare, emergency services, and recreational facilities to support community welfare and quality of life.
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Capital allocation in these areas lays the groundwork for a thriving, industry-focused smart city.?
SUCCESSFUL FUNDING SHOW
NEXT TUESDAY, March 4, on my Successful Funding show, I will present my insights on closing the gap between investors and entrepreneurs – the actions and information that needs to be communicated in support of an investment decision. 8 am Mountain Time, 10 am Eastern
?You may view the show live or listen to a recording afterward at this link:
LAST TUESDAY, I presented my Successful Funding show on the topic of investors. I explained and provided examples of the limitations on investors in terms of time, knowledge, and motivation that act to prevent an investment.
You may view the recording of the show at:
EDUCATION PROGRAM
Targeting High Probability Investor Candidates: Finding Your Funding Soulmate
The webinar of this education program will be presented three more times this year:
·?????? April 2, 9, 16, 23
·?????? July 2, 9, 16, 23
·?????? Oct 1, 8, 15, 22
The education program includes:
· Artificial Intelligence Avatar - Attendees will have one year of online access to a custom AI avatar on the topic of identifying investor candidates.
· Book - Attendees will receive a digital copy of a book on matching their businesses and funding needs with investor candidates who need the businesses to succeed to attain their own goals.
· Workshop - A half-day webinar will be presented on Zoom on Thursday, January 16, 2025, from 11 am to 1 pm Eastern Time, 9 am to 1 pm Mountain Time by Karl Dakin.
· Consult -? Each attendee will receive one-half hour of consultation with Karl Dakin on their funding challenges.
Discover how to secure funding more effectively and efficiently. By targeting the right investor candidates, you can tailor your entire campaign, from offer to closing, to match these candidates - achieving greater success in less time and with reduced costs.
This avtor is designed for entrepreneurs, small business owners, community leaders, charities, service providers, and economic developers responsible for raising funding.
Readers of this Instant Funding newsletter qualify for the discounted price of $400 (marked down from $500). Go to Register. Select the Funding Fans ticket and use the discount code FundingFan2025.
GOT 15 MINUTES AND A QUESTION ON FUNDING - GIVE ME A CALL
I recognize that many readers of this Instant Funding newsletter have questions about funding that are not answered by the newsletter. I am available for a 15-minute phone/video call about your funding questions. This is to let you know there is no charge for this call. Just contact me to schedule a time at [email protected].
SUBSCRIBE
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Karl Dakin, the Capital Coach
Dakin Capital LLC
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1 小时前That's veary informative and great service is good for the people around the world thanks for sharing this best wishes to each and everyone their ?????????????????????????
Capital Coach | Stakeholder Investor Campaigns | Design, Stage, and Manage or Support | Reduce Time, Money, and Risk of Raising Funding | Increase Probability of Success! | Opportunity Management
3 小时前The initial funding is focused on the core business of a smart city but must encompass everything else.