If you’re thinking about impact investment, sit down with your core team and be honest with yourselves. Answers to these questions will help illuminate whether you are ready and, if not, what you need to work on in order to get there.
The Myer Innovation Fellowships support breakthrough solutions to Australia’s most pressing social and environmental challenges and bring new talent to the social sector. Fellows are offered funding and the unique opportunity to take twelve months away from their current role to pursue a big idea that has the potential to achieve positive social outcomes.
Whether you’re an established organisation or just starting out, you can’t avoid the fact that you need finance to kick things off or keep them growing. You won’t always find a financial solution that is straightforward or simple. It’s likely you’ll need to work with multiple stakeholders on a “blended” finance structure. Read on for Sefa’s 4 Ps (Partnerships, Passion, Pathway & Persistence), on starting a social enterprise or investing in entrepreneurial growth.
The key to kick-starting your social enterprise dream is to turn inspiration into motivation and motivation into action. Many social entrepreneurs started their ventures as passion projects, but over time have reaped the rewards of running their own business. Finding funding is one of the biggest challenges faced by social entrepreneurs. You can have what you think is the best idea in the world but without the moolah to make it happen, it’ll be close to impossible to even get off the ground. But it’s not all doom and gloom – here are some awesome social enterprises that have harnessed the power of crowd to kick-start their social enterprise dreams.
There are a growing number of investors looking for a both social impact and financial return on the organisations they back. But how do you get their attention?! Here are 3 tips for making sure you’re on the right track…
Imagine being given 12 months and $120,000 to pursue your big idea for social change? The Myer Innovation Fellowship can take your idea (and your career) to new heights and make your dreams a reality. Here Fellowship alumni share their tips on how to make your application stand out.
Could leveraging the profit motive and benefits of a capitalist system be the most efficient and efficacious means by which to achieve the good we want to see in the world?