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: This course will be open for 7 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.
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