1. Clarify the objectives and mission: Clarify the objectives and mission of Dawei Fund, and determine the social, environmental or economic impact that it hopes to achieve through the Fund.
2. Make plans and strategies: Make detailed plans and strategies, including fund raising, project selection and management, risk management, etc. Ensure the feasibility and sustainability of plans and strategies.
3. Fund raising: Starting a large fund usually requires a lot of money, and various fund raising methods can be considered, such as individual donation, corporate sponsorship, government funding, foundation cooperation, etc. Establish a special fund-raising team, make fund-raising plans and carry out fund-raising activities.
4. Compliance and legal affairs: Understand and abide by relevant laws, regulations and compliance requirements. Cooperate with lawyers or legal experts to ensure that the establishment and operation of the fund comply with the law, and make necessary registration and reports.
5. Organizational structure and management team: Establish an appropriate organizational structure and set up a professional management team to be responsible for the daily operation, project management and supervision of the fund.
6. Project selection and management: formulate clear project selection criteria, evaluate and select projects that meet the fund's objectives. Ensure effective supervision, evaluation and reporting of the project to ensure the expected impact and effect.
7. Transparency and communication: Establish a transparent and good communication mechanism, provide timely information and reports to donors, partners and the public, and show the achievements and influence of the Fund.