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    Date submitted
  • 04-Apr-2018

Winter Athlete

Abstract

We intend to form a nonprofit 501(c)(3) organization to assist current and aspiring Winter Olympic athletes, including those training in Lake Placid, NY and the Salt Lake City area in Utah. By providing this assistance, we hope to improve the conditions of their life in training and to thereby encourage more athletes to enter and remain in Olympic sports training.

The nonprofit would address two of the most significant obstacles faced by these athletes, and the reasons why many of the most promising athletes are forced to turn away from their sports. These include lack of current financing for their living and training expenses, and lack of education and career prospects for when their athletic careers ultimately end.

The non-profit will be funded by soliciting individual contributions through our website and other social media, and grants from government and philanthropic organizations.

Additional Questions

Who is your customer?

Our customers will be people or corporations with an interest in the success of future American winter olympic athletes. We will also seek funding from various philanthropic foundations.

What problem does this idea/product solve or what market need does it serve?

Many winter olympic athletes and aspiring athletes struggle to support themselves while also pursing professional careers or academic degrees. Due to the immense time commitment and energy required to become elite in any of these sports, they are often forced to sacrifice work and education opportunities that would otherwise ensure them a more financially secure future. By providing this assistance, we hope to improve the conditions of their life in training and to thereby encourage more athletes to enter and remain in Olympic sports training. The nonprofit would address two of the most significant obstacles faced by these athletes, and the reasons why many of the most promising athletes are forced to turn away from their sports. These include lack of current financing for their living and training expenses, and lack of education and career prospects for when their athletic careers ultimately end.

What attributes will make this idea/product successful? Why do you believe that those features will create success?

The strength of the Olympic athlete community as well as the strength and passion of those involved with this project will ensure success. The success of this program is of paramount importance to all athletes, trainers, and winter sports fans everywhere, as it will support the next generation of American olympic champions.

Explain how you (your team) will execute to make this idea/product successful? What gives you (your team) an advantage over others already in the market or new to this market?

We first plan to make a website under the url “WinterAthlete.org," and use it as the base of our operations. We then will establish a donation and merchandise platform on the website where people can either donate money, or purchase merchandise with the profits contributing to donations. We will then use the fame of several of our high profile athlete-collaborators to advertise the program and its cause.