Real-time data for peacebuilding.
5 min
- PeaceTrack addresses the lack of reliable real-time data on global conflicts, aiding peacebuilding efforts. - The platform targets NGOs, governments, and academic institutions, offering subscription-based premium features. - The estimated startup cost is $500,000, with opportunities for partnerships in the humanitarian sector. - Potential exit strategies include selling to major organizations or merging with data analytics firms.
1. NGO Program Manager 2. Government Policy Analyst 3. Academic Researcher in Conflict Studies
PeaceTrack
Problem / Opportunity
There is a significant lack of real-time, reliable data on global conflicts, which hinders effective peacebuilding efforts by governments, NGOs, and researchers.
Market Size
The global humanitarian and conflict resolution market is valued at over $20 billion, with significant funding from governments and NGOs dedicated to peace and conflict research.
Solution
PeaceTrack offers a platform that provides real-time insights, historical data, and user-generated content to inform and support peace efforts. The platform also includes educational resources on conflict resolution.
- Go to Market: Target NGOs, governments, and academic institutions with a focus on conflict studies. Use webinars and conferences for outreach.
- Business Model: Subscription-based model for access to premium features such as in-depth analytics, custom reports, and consultancy services.
- Startup Costs: Development of the platform, data acquisition, and partnerships with on-the-ground organizations, estimated at $500,000.
- Competitors: ACLED, Crisis Group, UN Peacekeeping Data.
How to get rich?
Consider partnerships with international organizations or governments. The exit strategy could include selling to a major humanitarian organization or merging with a data analytics company.