It’s been a busy and productive month of November for Pidola. The team has primarily been focused on one key area, which is fundraising. This includes development of our new, October campaign (hopefully you have seen the posts!), as well as starting to really hone in on potential corporate sponsors and foundations & grants.
The donations have been remarkable over the last year or so. They have helped Michelle and Lou really push their efforts forward, both in Bolivia and in the US. As many of you understand, it takes a lot of up-front financial support to get a company off the ground, and Pidola wouldn’t have gotten this far without our individual donors… thank you!
In 2019, we’re going to take our three-pronged approach to fundraising, and that will allow us to take Pidola to the next level. Fundraising will be our focal point for the rest of 2018, but we also have other things going on as well!
- We’re continuing to work on how Pidola is incorporated, both in the US and in Bolivia. Pidola is of course a non-profit in the US, but we also have for-profit entities in both countries. Working with our legal advisors in both countries, is looks like we’ll be establishing a new non-profit organization in Bolivia! Which is good, but on average, that process takes two (2) years… no bueno.
- Michelle, Nick and Lou all have uncovered some fun accounting regulations when you own entities outside of the US. We won’t go into the gory details, but lets just say… holy cow. We miss the days when you can just use TurboTax.
- Pidola was also awarded perpetual pro-bono work from our legal team in Bolivia. The team from Guevara and Gutierrez, SC (a.k.a. GG Lex) has been instrumental in our efforts, and we whole-heartedly appreciate their assistance.
- The Pidola Team is hosting an event on January 8th at the REI in Denver, which includes a presentation from Lou surrounding his first six (6) months in Bolivia. More information will be provided as we move closer to January, so keep the date!
- In Bolivia, we have a support team that includes not only legal and accounting activities, but we’ve also unofficially partnered with a Public Relations (PR) firm in La Paz. This will help us amplify our activities in Bolivia for when we launch our up-coming projects.