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argo-marketplace / future_of_california

From the world's largest port to the nation's first freeways to pioneering aqueducts, California's history has been defined by visionary public works
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CA Opportunity Fund #12

Open vr00n opened 5 years ago

vr00n commented 5 years ago

Inspired by the UK Digital Fund which is tied to the UK National Lottery, this is a proposal for California State Government to explore a new funding source to fund to support non-profits and community organizations to use digital tools and approaches to support people and communities to thrive.

Evidence from the behavioral sciences Indicate an increased participation rate in savings programs that are linked to prize based scheme involving a significant payout.

Using these principles of behavioral science, maybe CA state can update its lottery system or create a new lottery scheme where a small % of lottery funds are allocated to Public Technology.

patwater commented 5 years ago

I think the key aspect is that this Opportunity Fund would be based around increasing savings through a prize based mechanism as described in the Freakonomics article you linked V and then also providing key funding for digital services.