We believe that having a clear line of sight on how your social enterprise will reach a profit level required for scaling is a critical part of building a successful social enterprise and achieving the goal of broad social impact and transformation. It's an issue important at all stages of a new enterprise's beginning and growth. Together with Dr. Erik Simanis, the Head of Emerging and Frontier Markets Initiative at Cornell University, +Acumen developed this course on financial modeling for start-up social enterprises.
We believe this course will be valuable for social entrepreneurs of all shapes and sizes, and at all stages of the start-up cycle. It is applicable to a wide range of people: aspiring social entrepreneurs, non-profits that want to create market-based project, impact investors evaluating a new business, and also corporate intrapreneurs who want to launch ventures aimed at the BoP market.
By the end of this course, you will:
Please visit our +Acumen Course Page for more information.
Approximately 4-5 hours/week
You will need a computer that allows you to watch the video lectures and provides the ability to upload all your assignments. This is an introductory level course. Basic financial literacy is recommended, but not necessary.
Subject to course completion (completion of all assignments), you will receive a statement of accomplishment signed by +Acumen.
Head, Emerging and Frontier Markets Initiative at Cornell UniversityErik is an action researcher and authority on innovation and go-to-market strategies for creating and shaping new mass markets in emerging and frontier economies. His frameworks and tools are the product of getting on the ground and living in the very target communities and markets he aims to reach—from the post-Soviet communities of the Baltic countries, the slums of Kenya and Nigeria, to the villages of India and Ghana.
Acumen is changing the way the world tackles poverty by investing in companies, leaders and ideas. We invest patient capital in businesses whose products and services are enabling the poor to transform their lives. Founded by Jacqueline Novogratz in 2001, Acumen has invested more than $86 million in 77 companies across Africa, Latin America and South Asia. We are also developing a global community of emerging leaders with the knowledge, skills and determination to create a more inclusive world. In 2015, Acumen was named one of Fast Company's Top 10 Most Innovative Not-for-Profit Companies. Learn more at www.acumen.org and on Twitter @acumen.
+Acumen is a global learning community for social change makers. Be an effective force for change with Acumen's free online courses and chapters. Learn more at http://plusacumen.org/and on Twitter@plusacumen.
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