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Financing Social Enterprise Ventures: Making Cents of the Options

Date: Wednesday March 19, 2008
Time: 11:00 am - 1:00 pm
Location: Hosanna House

Business professionals from around the city joined the Accelerator staff and special guests for a working lunch session that explored appropriate financing options for social enterprise ventures and reviewed essential financial considerations.

Our guest panel included representatives from the Richard K. Mellon Foundation, The Heinz Endowments, Coro Center for Civic Leadership, Lutheran Service Society, and the Social Innovation Accelerator where the topics of revenue builds & profitability, seed capital, operating/working capital and growth capital were discussed. Each guest was given a take-away booklet outlining common business challenges, questions to consider, and resources for solutions.

To request a booklet, email Katherine.Harrell@acceleratenow.org or click here to download.

Resources:
1. Costs: http://tutor2u.net/business/gcse/finance_business_costs.htm

2. Mission: http://tutor2u.net/business/strategy/mission.htm

3. Measuring Success: http://www.powerhomebiz.com/vol111/measuring.htm

4. Assessing Social Impact: http://www.riseproject.org/DBL_Methods_Catalog.pdf

5. Accountability: Campbell, David. "Outcomes Assessment and the Paradox of Nonprofit Accountability". Nonprofit Management and Leadership. Vol. 22, Issue 3, pp. 243-259. 2002

6. Competition: http://foundationcenter.org/pnd/tsn/tsn.jhtml?id=117900009

7. Double Bottom Line: Accounting-Separating social costs from business costs:
Click here to view article.

8. Business Planning: Small Business Admin. Assistance: http://www.sba.gov/smallbusinessplanner/index.html

9. Rolfe Larson Associates Quick Business Plan: http://www.rolfelarson.com/docs/RLA%20Quick%20Business%20Plan,%2012.06.06.pdf

10. Incorporation: List of Pittsburgh lawyers specializing in incorporation: http://lawyers.findlaw.com/lawyer/firm/Business-Organizations/Pittsburgh/Pennsylvania

11. Capital Resources: Common Grant Application Format: http://www.cmu.edu/giving/files/common-grant.pdf

12. Operating Capital: http://www.zeromillion.com/business/ten/loan.html

13. Short-term Financing: http://www.britannica.com/bps/topic/86250/business-finance

14. Lines of Credit: http://www.investorwords.com/2830/line_of_credit.html

15. Dept and Equity Financing: http://www.nonprofitfinancefund.org/docs/Miller_Capital_Structure.pdf

16. 2008 Social Enterprise Alliance Summit Report



“If the sector increased the social benefit it delivered by a mere 1% (however that might be measured) it would be worth the equivalent of $20 billion per year in new resources.”

Bill Bradley, Paul Jansen, Les Silverman, The Nonprofit Sector’s $100 Billion Opportunity, Harvard Business Review, May 2003


Welcome to The Gauge--Pittsburgh's best source for business networking, professional development, and idea sharing for social entrepreneurs, ventures and investors. We invite you to be a part of these vibrant bi-monthly forums dedicated to advancing social enterprise in this region. Click here for a complete schedule of Gauge events and sessions.


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