Distinguish between an operational unit and a head office and the financial relationship between the two
Estimate the reach and size of your operational unit and identify what costs at scale means to your organization
Understand how to think about and calculate the funding requirements for building and maintaining a capacity that allows you to innovate, learn, and grow your organization
To achieve social impact, leaders in the social sector must find the right business model to achieve sustainability. In this course, you’ll learn how nonprofit organizations, social entrepreneurs, corporate entrepreneurs and social change leaders can use financial modeling and creative approaches to market-based funding to scale their work. You’ll gain a series of templates and instructions so that even beginners to finance can begin to calculate their funding requirements and project future growth.
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: Teachable (+Acumen developed the course. We host this course on the Teachable platform.)
Timing: You can work through the materials at your own pace. There are no deadlines or required times for you to log in.
You can enroll up to 2 weeks after the start date of the course.
When will the next course be offered?
We offer our courses a few times a year. Sign up for our emails to be notified of the next time the course will be offered.
Do I get a certificate for this course?
You will earn a Statement of Accomplishment if you complete 5 of 6 assignments, including the final assignment, by the last day of the course.
How do teams work?
We recommend you find friends or colleagues for your team that you can meet with in person each week. Each team member should register for the course individually. You’ll then be able to form your team on the NovoEd platform once the course begins.
Do I have to complete the course with a team?
While we believe taking the course with a team will give you the best experience and chance of completing the course, it is possible to complete the course individually if you wish.
What should I expect from the assignments?
You will create a Life Map, develop your own personal story, integrate it into a larger presentation, and record your presentation for feedback from your classmates. You should allocate at least one hour a week to complete each assignment.
Dr. Erik Simanis is a Partner in the innovation consultancy, TIL Ventures, and core faculty of The Intrapreneur Lab. Erik has guided start-ups, green-field ventures, and corporate new venture teams in Eastern Europe, Africa, South Asia, and Latin America over the past 20 years.
"I can't believe I ever thought of starting a business without taking this course. I really want to create something meaningful, and this course showed me that with proper planning, the opportunity to make a difference is huge."
Neha Pandya, Acting Deputy Executive Director at International Law Institute-African Centre for Legal Excellence