Objective:

The primary objective of this project is to develop an updated Business Process Model for Historia, emphasizing the alignment of its operations with potential funding opportunities. The project also aims to prepare supporting documentation for grant applications, ensuring Historia is well-positioned to secure financial support for scaling its services and expanding its market reach.

Problem to be Solved:

Historia requires a detailed and updated Business Process Model that not only refines its current operations but also highlights its strategic objectives, competitive advantages, and market potential. This project is crucial for showcasing the company's readiness for growth and attracting potential investors or grant agencies, particularly in light of opportunities like the Canada Digital Adoption Program​.

Expected Outcomes:

• Business Process Model: A comprehensive model outlining Historia's key business components, including customer segments, value propositions, revenue streams, and key activities.
• Strategic Recommendations: In-depth suggestions for refining the business model based on market research and analysis.
• Funding Application Package: Tailored documentation for funding applications, including executive summaries, market analysis, competitive advantages, and financial projections.
• Professional Presentation: A summary presentation of the business process model and strategic recommendations suitable for potential investors or funding bodies.
• Business Model Canvas: A visual summary that concisely presents Historia's business model and key components.

Deliverables

1. Define Value Propositions: Analyze the unique value Historia offers to small businesses through its customized web development and process automation solutions​.
2. Identify Customer Segments: Detail the characteristics, needs, and preferences of Historia's target market, including startups and small enterprises across various industries.
3. Evaluate Revenue Streams and Cost Structures: Assess Historia’s revenue models and explore new revenue opportunities, alongside analyzing its cost structure.
4. Map Key Operational Processes: Document and analyze critical processes like client onboarding, project execution, and ongoing support.
5. Evaluate Efficiency and Identify Bottlenecks: Highlight areas where efficiency can be improved and identify bottlenecks impacting scalability and satisfaction.
6. Conduct Market Research and SWOT Analysis: Perform a SWOT analysis to identify Historia’s strengths, weaknesses, opportunities, and threats​​.
7. Develop a Funding-Ready Documentation Package: Create grant-ready materials emphasizing Historia's competitive advantages and growth strategies.
8. Recommend Technology Upgrades or Integrations: Suggest tools and systems to enhance efficiency and funder appeal.
9. Create an Implementation Plan: Provide timelines, budgets, and resource allocation for implementing improvements.
10. Prepare a Business Model Canvas: Summarize all elements of Historia’s business model visually.