In this lesson, we delve into the world of social financing, exploring how funding serves as a crucial pathway to social change for both those seeking to create impact and those looking to fund it. We’ll examine the full spectrum of social financing, from traditional charity to commerce-driven approaches, and see how it overlays with social entrepreneurship.
🎯 Learning Objectives
• Understand what social financing entails and its significance for driving social change.
• Recognize the spectrum of social financing, mirroring the social entrepreneurship landscape.
• Identify various funding sources and vehicles, including grants, donations, equity, loans, and bonds.
• Explore different investment approaches such as philanthropy, venture philanthropy, and impact investing.
📚 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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