TVA

Q1 2024: Strategy Development and Initial Setup

Actions:

• Strategic Planning: Defining the focus areas for the TVA, identifying high-potential sectors for technology startups.

• Team Formation: Assembling a core team for the TVA, including venture managers, industry experts, and advisors.

• Initial Fundraising and Budgeting: Developing a detailed fundraising plan to cover startup seed funding, operations, and support services.

Deliverables:

• TVA Focus Area Strategy Document

• Core Team Roster

• Fundraising and Budgeting Plan

Outcomes:

• Clear strategic direction for the TVA initiative

• Initial team in place with defined roles and responsibilities

• Fundraising strategy to secure startup capital and operational funds

Q2 2024: Infrastructure and Partnership Development

Actions:

• Infrastructure Setup: Establishing operational infrastructure for the TVA, including legal frameworks, office space, and IT systems.

• Partnership and Network Building: Initiating partnerships with universities, research institutions, industry leaders, and potential investors.

• Startup Selection Process: Developing criteria and a process for selecting startups to join the TVA portfolio.

Deliverables:

• Operational Infrastructure Setup Report

• Partnership and Networking Strategy

• Startup Selection Criteria and Process Documentation

Outcomes:

• Functional operational infrastructure for the TVA

• Strategic partnerships to support startup development and funding

• A transparent and effective process for identifying and supporting potential startups

Q3 2024: Launch Pilot Startups and Secure Funding

Actions:

• Pilot Startup Launch: Identifying and launch pilot startups based on the selection criteria, providing seed funding, mentorship, and operational support.

• Ongoing Fundraising Efforts: Continuing fundraising activities, targeting venture capitalists, angel investors, and grant programs.

• Market and Feasibility Studies: Conducting market research and feasibility studies for each pilot startup to guide development and pivot strategies as necessary.

Deliverables:

• Pilot Startup Launch Report

• Fundraising Campaign Progress Update

• Market Research and Feasibility Studies

Outcomes:

• Initial set of startups launched within the TVA portfolio

• Additional funds secured to support ongoing and future startup activities

• Informed strategies for each startup based on market insights and feasibility analysis

Q4 2024: Evaluate Startup Progress and Expand Portfolio

Actions:

• Startup Evaluation and Support Adjustment: Assessing the progress of each pilot startup, providing additional support, resources, or pivot strategies as needed.

• Portfolio Expansion: Based on the evaluation, selecting additional startups for inclusion in the TVA portfolio.

• End-of-Year Fundraising: Making a final push in fundraising efforts to meet or exceed the initial financial goals.

Deliverables:

• Startup Progress Evaluation Report

• Portfolio Expansion Plan

• End-of-Year Fundraising Report

Outcomes:

• Measurable progress for initial pilot startups, with adjustments made for optimal growth

• Expansion of the TVA portfolio with new startups aligned with strategic focus areas

• Achievement of year-end fundraising goals to ensure financial sustainability of the TVA and its startups

January 2025: Strategic Review and Planning for Next Phase

Actions:

• Annual Review and Impact Analysis: Performing a comprehensive review of the TVA's first year, analyzing the impact, successes, and areas for improvement.

• Stakeholder Engagement: Presenting the annual review findings to stakeholders, including investors, partners, and the GCRI board, to align on future strategies.

• Strategic Planning for 2025: Developing objectives and strategies for the TVA's next phase, focusing on scaling successful startups and exploring new venture opportunities.

Deliverables:

• Annual Review and Impact Analysis Report

• Stakeholder Presentation and Feedback Summary

• Strategic Plan for 2025

Outcomes:

• A thorough understanding of the TVA's impact and lessons learned during its inaugural year

• Stronger engagement and support from stakeholders based on demonstrated successes and strategic alignment

• A clear roadmap for scaling and expanding the TVA initiative to foster innovative technology startups and drive further impact