Do you have an idea to solve a big problem but think a social venture is using a dating app?
Do you have an idea for an innovation but don’t consider yourself an entrepreneur
Are you a potential intrapreneur in a big business or NGO?
Do you want to make a change in the world and make a living doing it?
The Acara Spring Institute is for you. This course is for anyone with an idea for social or environmental change, whether that idea is on the back of a napkin, in a detailed business plan or already running.
A social venture, sometimes referred to as an impact venture, could be a for-profit, a nonprofit, a benefit corporation or a hybrid organization. The legal structure doesn’t matter. What matters is that the venture has a financial value proposition (can you sustain and grow the venture) and a social or environmental value proposition (what impact are you having on the world).
There are great workshops in the Twin Cities on topics such as design thinking and entrepreneurship. This class, however, is uniquely positioned for social ventures, which are similar but distinctly different. How do you balance financial needs in a mission driven organization? How do impact investors evaluate a social venture versus a typical investment opportunity? How do you communicate your business and mission effectively?