We are committed to innovative product design that uses the following approach:
The Future Economy Lab ™ (FEL) Process
1
Envision
The FEL team and our partners kickstart our process together by defining the current state of capital in the target sector and developing a common vision of our desired future state of capital.
2
Define
We use various research tools—such as desk research, interviews, and landscape mapping—to understand the ecosystem's needs and challenges. We synthesize the data during sense-making sessions with partners and begin creating initial models of potential solutions.
3
Design
Next, we design new financial mechanisms and identify the need for complementary ecosystem development programming to address the gaps and catalyze new solutions to the challenges we’ve surfaced.
4
Launch
Lastly, we launch these new solutions. We refine the financial and impact models in order to raise new capital mechanisms and begin new programs with the support and collaboration of the communities themselves.