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Explore the essential financing needs of social entrepreneurs in December 2007, including social venture capital, expansion funding, and business support. Ashoka’s model, partnerships, and discounted services are key to success. Discover Social Finance's role in providing alternatives to short-term grants and the cost implications of allocating capital. Delve into strategic partnerships in consulting, accounting, marketing, and public relations for scaling up impact. Uncover lifeline opportunities and lifelong network membership benefiting ventures. Is there potential for banks to play a role in social entrepreneurship financing?
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Financing Social Entrepreneurship December 2007
What Do SEs Need? Money • Social venture capital • Expansion funding Business support • Partnerships • Discounted business services
Ashoka’s Model • Rigorous search and selection • One-time 3-year stipend – venture “lifeline” • Lifelong membership in network • Partnerships for scale-up funding, up to $1 million
Social Finance • Alternatives to the short-term grant • Cost of allocating capital 25-40% • Is there a role for banks? • Strategic partnerships in consulting, accounting, marketing, public relations…
