for aspiring social entrepreneurs and NGO managers
This two-day workshop guides aspiring social entrepreneurs and entrepreneurial nonprofit managers in their “idea stage” to 1) develop a feasible and profitable social enterprise or 2) start a revenue making arm within an NGOs. By using a mix of tested ideation and business planning methods, the participants will leave the workshop with an action plan for designing a prototype or a minimum viable product (MVP).
THIS WORKSHOP HELPS:
Aspiring social entrepreneurs
Entrepreneurial nonprofit managers
Nonprofit managers that are considering to start a revenue making arm – an impact business or a social enterprise – within their NGOs.
ENROLL IF YOU
You have little or no experience in business planning, never led or owned a small business or a social enterprise.
If you feel stuck and lack clarity on how to find and select a “good idea”, whether it’s a social enterprise or an impact business.
Skills to sell your idea, pitch your model or create a realistic start-up budget and reasonable financial projections.
WANT TO LEARN:
How to find, assess and choose a viable social business idea.
Define your value proposition and social impact, test your assumptions, find a product-market fit and your first customers, and develop an MVP.
Build a financial model and estimate your break-even point.
Where do good ideas come from?
We’ll start with an interactive session focused on helping you to find and assess what a feasible idea might be for your social business. We’ll use a tailored tool and a guided group conversation to evaluate, rate and benchmark several of your social venture ideas. We’ll furthermore discuss your social purpose, passion, experience, risk appetite and search for evidence of market for your product or service ideas.
Prototyping, building an MVP and the Market
Once you have defined your Initial Value Proposition, you are ready to build an MVP and discover your product-market fit. We’ll start with a brief market research, build an MVP or a prototype, discuss the customer journey, test your product or service and learn how to capture valuable customer feedback. And let’s talk a bit about your sales.
In this session we’ll determine your cost structure, set a price for your products or services, estimate revenues and calculate different scenarios of your breakeven point. We’ll furthermore learn about the key principles of making financial projections and the hypothesis behind a realistic financial plan. Finding the right money – usually a grant or a loan – is not an easy task. We’ll go over the advantages and disadvantages of different funding sources available for aspiring social entrepreneurs.
Pitching, the fun part
Pitching your idea to secure the right funding is half science and half art. A fun exercise will help you learn the basics of presenting your idea to various donors, investors or friends.
THE FULL EXPERIENCE
Locations and language
Duration: 2 days, on-site for Western Europe and the Balkans, or online, globally.
Course language(s): English or Romanian.
Group size and planning
Here are some additional details:
The ideal group size for this workshop is 12 to 15 people.
Travel costs are funded by the host organization (client).
Participants may work at the same organization.
Courses are scheduled at least 2 months in advance.
Our journey starts with a pre-course entrepreneurial readiness assessment. Each organization or participant will develop an individual prototype and an action plan to follow.
Survey and roadmap
Before we start our workshop, we’ll make sure we understand your needs and prior entrepreneurial experience. We will ask each participant to fill out an entrepreneurial assessment survey.
You can think of several social business ideas for this workshop. Ideally, once you finish this workshop, you should be able to allocate some resources to develop or test your products or services.
During various workshop modules, you will be encouraged to work on your prototype and write a brief action plan.
Additional incubation services
Individual, tailored mentorship and advisory services are available for all participants or organizations looking to incubate their social business.
After the workshop, we can organize regular one-on-one online mentorship and advisory sessions with the participants or organizations interested in continuing the social venture development process.
We usually work on refining their value proposal, market research, problem canvas and real-life testing of the prototypes, fundraising, business plan writing or drafting a financial model.
These mentoring or advisory services are paid separately.
Zoltan has 20+ years of experience in the nonprofit and social venture development sectors. He is the manager of Synerb. Over the past 10 years, Zoltan contributed to the growth and development of over 200 social enterprises and visionary NGOs through strategic advising, training and tailored consulting.
Have questions? Do you need a quote? Drop us a note: