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 LOUISIANA SOCIAL INNOVATORS INSTITUTE |
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Profiles in
Innovation CWV has recently
compiled a selection of four essays to capture the
entrepreneurial spirit of Louisiana. Profiles in
Innovation offers a
unique glimpse into the opportunities, challenges and impact of
nonprofit leaders seeking new ways to affect change in their
communities. Featuring first hand accounts, these publications add
to our collective understanding about the possibilities and
opportunities for social enterprise and nonprofit sustainability. To
read, please click
here.
Excerpt from
Learning to Build Your Organization's DNA:
"[The] tension between an organization's
potential and its current capacity is precisely why
innovation is a strategic imperative. Given
the economic recession and the variety of challenges
to organizational sustainability, innovation is a
crucial component of any organization's effort to
remain relevant, attract necessary resources, and
achieve lasting social impact."
Learning to Build Your Organization's DNA
Profiles in Innovation Featured Articles:
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Leading social innovation in Louisiana
- Do you currently operate a social program as a non-profit or government agency?
- Is your program innovative, accountable and entrepreneurial?
- Are you interested in obtaining cutting-edge technical assistance in order to create a greater impact and financial sustainability?
- Would you like access to state innovation grant funding?
The Louisiana Office of Social Entrepreneurship seeks high-performing nonprofit and government organizations interested in developing or growing an entrepreneurial and innovative program to address a pressing social problem. In order to assist entrepreneurial nonprofits and government agencies in Louisiana, The Office of Social Entrepreneurship has partnered with Community Wealth Ventures to launch the Louisiana Social Innovators Institute, an exciting 6-month business plan development process designed to help select Louisiana organizations create a business plan for a new or existing entrepreneurial and innovative program. These programs will use original, measurable, and sustainable methods to ultimately help the communities they serve by reducing or eliminating one or more causes of an existing social problem, therefore reducing the prevalence of the social problem. Institute participants will follow a structured approach to develop or grow pioneering programs while honing business skills, empowering them to have a lasting impact on their organization and community.
Click
here to see photos of the Institute. |
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CRITERIA FOR PARTICIPATION |
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- An existing innovative and entrepreneurial program that addresses a
social problem or a well developed new idea for an entrepreneurial, original approach to addressing a social problem;
- Strong leadership that is able to make decisions and is accountable for results;
- Entrepreneurial culture; capable of providing evidence of utilizing “out of the box” methods for addressing social problems or meeting constituent needs;
- Organizational capacity and stability;
- Financial stability of organization; and
- Commitment and enthusiasm for developing a business plan for an entrepreneurial and innovative social program and to the Social Innovators Institute.
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PROGRAM STRUCTURE |
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| The Social Innovators Institute consists of monthly peer learning sessions and
customized consulting phone check-ins. |
| Monthly Peer Learning Workshops |
| The Social Innovators Institute kicks off with a two day workshop, and five subsequent one or two-day workshops focused on key business topics that contribute to the development of a successful innovative and entrepreneurial program. Topics covered include: social impact model, market research, stakeholder analysis, environmental trends, consumer needs, competitive/collaborative analysis, financial analysis and sustainable revenue strategies. In addition, three sessions will feature a notable leader of an innovative and entrepreneurial program/nonprofit organization who serves as a guest speaker, sharing his/her personal stories and success and challenges. These workshops are conducted once a month during a six-month timeframe. |
| Monthly Customized Consulting Phone Check-Ins |
| The CWV consultant team offers monthly one-on-one phone check-ins with each of the participating organizations to assist the teams in applying the concepts learned during the peer learning workshops to their own programs and organizations. |
| Benefits of Participation |
| The goal of the Social Innovators Institute is for all participants to complete a business plan and launch or grow an innovative and entrepreneurial program that addresses a social problem. |
| Specific benefits include: |
- A proven methodology for planning and launching an innovative and
entrepreneurial social program;
- Customized assistance from experienced consultants;
- In-depth monthly interaction and collaboration with peer nonprofit and government organizations;
- Access to leaders in the development and implementation of innovative
and entrepreneurial social programs.
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Session
Date |
Focus |
Tuesday,
September 1 |
Overview, Goal Setting, Impact Model for Entrepreneurial Social Programs, Social Business Plan Template |
Wednesday,
September 2 |
Secondary and Primary Market Research, Marketing Strategy, Stakeholder Analysis and Communication |
Tuesday,
October 6 |
Company (Organization) Analysis, Environmental Scan, Consumer Analysis, Competitor/Collaborator Analysis |
Tuesday,
November 3 |
Product, Price, Place and Promotion |
Tuesday,
December 1 |
Financial Management, Financial Modeling, Building Financial Statements |
Tuesday,
January 5 |
Operations, Management & Personnel, Measurement/Indicator Development |
Wednesday,
January 6 |
Risk Mitigation and Contingency Planning, Sensitivity Analysis, Capitalization |
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CONTACT US |
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| Please contact CWV Director
Sara Brenner, or Nadiyah Morris-Coleman, Manager of the Louisiana Office of Social Entrepreneurship, for more information. |
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