The four social enterprise models that Acumen has seen effectively create value
Start a business model canvas to map out components of your potential company
Understand how to develop a business model that can drive financial sustainability and social impact
Create and test hypotheses about a social enterprise’s target market size, cost structure, revenue streams, and value chain partnerships
Uncover revenue engines to power businesses serving customers living in bottom of the pyramid markets
You’ve come up with an amazing idea for a new product or service. Now how do you figure out if there is a sustainable business model to get this innovation into the hands of your customers?
This five-week course from +Acumen & Santa Clara University’s Miller Center for Social Entrepreneurship will help you think through how you can create financial value while creating social impact. The course draws from content taught by the Miller Center’s Global Social Benefit Institute (GSBI®) curriculum and combines it with Acumen’s insights from 15 years of investing in social enterprises.
While this course will not delve into the intricacies of financial modeling, you’ll emerge with a big-picture understanding of the key components to consider if you are building a business that prioritizes social impact and strives for financial sustainability.
FORMAT AND TIMING:
Team-Based Course: We strongly encourage (but do not require) that you form a team of 2-8 people to take the course with. It works best to find friends or coworkers who can meet in person. Need to find team members? You can post to the discussion forums a month before the course starts.
Platform: NovoEd (+Acumen developed the course. We host this course on the NovoEd platform.)
Timing: This course will be open for 5 weeks. You can work through the materials at your own pace during the time the course is open. There are no required times for you to log in. There will be suggested deadlines for you to complete each assignment. The final deadline is the final day of the course.
The Miller Center’s Global Social Benefit Institute serves social entrepreneurs around the world who are developing innovative solutions that provide a sustainable path out of poverty. The programs use Silicon Valley principles of innovation and entrepreneurship to train and mentor entrepreneurs addressing problems of poverty.