OyiL,
You do not need a degree to incorporate a business. Neither is a degree required in applying for tax holidays though it comes in handy in appearing credible to potential VCs.
At this point any suggested capital requirement would be speculation in that we have not yet defined project scope nor methodology.
Let's form the team first before worrying about the logistics. Step by step, we will get to the point sooner or later.
Guys,
Question: If, and it is a BIG if, we have access to foreign funding for the project, do we consider it, given the project's nature is somewhat nationalistic or patriotic? Would like to hear your opinions. Thanks.
Hi Architect & fellow disenyadores!
I like the "BIG" part.
In the real world, it is impossible to find funding agencies without vested interests.
I am VEHEMENTLY AGAINST receiving money from governments, businesses, political and private interest groups -- lalung-lalo na if they are foreign. When you hear foreign funding, read "strings attached". When you hear foreign aid, read "chains". Siguradong talo tayo diyan in the long run.
BUT, since our design group really needs the subsidy, dapat sa mga Pinoy din manggagaling ang datong -- whether local or foreign -- pero in the form of altruistic RESEARCH AND DEVELOPMENT GRANTS, ie, in the interest of advancing Filipino motoring culture and possibly preserving and creating jobs locally. Iyon naman talaga ang interest natin, di ba? It can be coursed through an existing science / education foundation that is sympathetic to our goals. This will give our work the correct cultural / scientific projection, without removing the prospect of mass production later by local Filipino fabricators.
But prior to that, our design forum group needs to be packaged cleanly and neatly -- with a clear vision and statement of mission. We will also need to get good credentials and endorsements from private individuals, selected civic organizations, and motoring NGOs that are nationalistic or at least neutral -- so we can solicit grants without being suspected of being con artists. That means our our scope of work should include :
- studying and disseminating info on Filipino motoring history and culture
- conducting ongoing surveys of Filipino automotive tastes and requirements
- monitoring the local auto industry in relation to global trends
- monitoring the state of automotive technologies
- monitoring the state of production methods
- designing computer models, 3D models and prototypes of Filipino vehicles (based on the above)
- presenting concept cars to bona fide Filipino Fabricators and the general public.
- providing quality control for engaged Fabricators.
This would be like the mission statement of a nonprofit Filipino auto design studio which is what we want to establish, am I right?
We do not really need to set up a big factory. A modest R&D studio workshop with online global research and communication capability will do. And just like many successful endeavors, we can begin operations even in a modest garage.
I hope these thoughts add shape and firmness to our evolving group.
If you agree with these suggestions, perhaps a lawyer can more aptly provide a juridical description for us. Is there a lawyer in the bus?
Wha' say?
DPROX
www.disenyopilipino.ph
PS: Dis is serious! My hair is already standing on end for fear that some other group might beat us to the gun! Nakakapraning. Like what OyiL said, we have to move fast to provide a juridical shelter for our group members.
May the Force be with you!