Navigating the myriad of funding options can be overwhelming. In this lesson, we systematically explore the primary sources of capital available for social enterprises, from government grants to private investments and individual contributions. Discover the diverse avenues to secure financial backing and learn how to identify funders whose values align with your mission, ensuring not just financial support but also valuable resources like mentorship.
🎯 Learning Objectives
• Identify the four main categories of funding sources for social enterprises.
• Distinguish between different types of government, non-governmental, private sector, and individual funding options.
• Understand the typical characteristics and examples of funding mechanisms like grants, venture capital, and crowdfunding.
• Recognize the importance of aligning your enterprise’s values with potential funders and exploring non-financial support.
📚 About the Course
Have you ever wondered what it would be like to create real change? You don’t have to start your own organization to make a difference in the world. Everyone can learn the social entrepreneurship mindset and skillset to build social impact. In this course, you will immerse yourself in a social or environmental challenge you want to tackle. You’ll start by researching your topic of choice, talking to people, and ideating a potential solution that you can contribute. Then, you’ll build a business model around that solution, understanding concepts like measuring social change, ensuring financial viability, funding and pitching.
This course is a safe space to experiment and explore. You’ll be guided by a ten stage framework to help structure your journey. Along the way, you’ll hear from social entrepreneurs around the world through case studies and campus conversations. These include Yale alumni, members of the New Haven community, and global changemakers. Everyone is welcome to join this course! You can apply your lived, learned, or professional experience to discover how you’re going to make a difference.
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