Financial Modeling and Alternative re-occurring Social Sector Revenue Sources
Posted by Social Innovations Lab on March 12, 2018
Many social innovators start with the belief that their idea can only be launched through philanthropic investments, and that financial capital is required to launch an idea. This stage challenges you to determine if there is a recurring source of revenue that might lead to financial sustainability and scaling. It starts by asking you to understand how the industry is currently financed, and how to tap into existing sources of funding.
Once a revenue source is determined and expenses are projected, this stage helps you understand motivations for capital investments along the continuum of friends and family, crowdsourcing, family foundations, institutional foundations, direct government contracts, indirect government contracts, angel investors, mission-aligned foundations, and venture capitalists.
Raising capital usually falls along a continuum with friends and family providing the initial capital, followed by crowdsourcing, family foundations, institutional foundations, angel investors, and then venture capitalists. Additionally, you can directly contract with the government through Requests for Proposals (RFPs); Subcontract with Government Authorized Entities; or create social impact bonds. Determine your best strategy to seek the start-up capital you need to launch your innovation. Where will you get your start-up capital? Who will provide the required seed capital (e.g., angel investors, venture capitalists, foundations, government loans, etc.)?
Wed, March 14, 2018
9:00 AM – 12:00 PM EDT
LOCATION
325 Chestnut St
Suite 1000
More in "Other Local Events and Workshops"
- Grassroots Leaders Networking Mini-Summit: Diversified Funding – Nov 21
- PCPR Monthly Virtual Network Meeting: College Access Supports for Students Experiencing Housing Insecurity – Nov 21
- National Native American Heritage Month: Events in Greater Philadelphia Area
Stay Current in Philly's Higher Education and Nonprofit Sector
We compile a weekly email with local events, resources, national conferences, calls for proposals, grant, volunteer and job opportunities in the higher education and nonprofit sectors.