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WHAT YOU’LL LEARN:
Distinguish between an operational unit and a head office and the financial relationship between the two
Estimate the reach and size of your operational unit and identify what costs at scale means to your organization
Understand how to think about and calculate the funding requirements for building and maintaining a capacity that allows you to innovate, learn, and grow your organization
DESCRIPTION:
To achieve social impact, leaders in the social sector must find the right business model to achieve sustainability. In this course, you’ll learn how nonprofit organizations, social entrepreneurs, corporate entrepreneurs and social change leaders can use financial modeling and creative approaches to market-based funding to scale their work. You’ll gain a series of templates and instructions so that even beginners to finance can begin to calculate their funding requirements and project future growth.
FORMAT:
Project-Based Course
COURSE SYLLABUS
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LEARNING TOOLS
SECTION 1: BOTTOM-UP FINANCIAL MODELING FRAMEWORK
SECTION 2: BOUNDING THE OPERATIONAL UNIT
SECTION 3: TOTAL RUNNING COSTS
SECTION 4: TOTAL INVESTMENT COSTS
SECTION 5: ACHIEVING FINANCIAL SUSTAINABILITY
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A university re-imagined for a world that needs all of us.
Our mission is to unleash a new generation of social innovators and leaders with the determination and grit to build a more just, inclusive and sustainable world.
At Acumen Academy we define success not on how the privileged fare but on how the poor, vulnerable and the earth are treated.
Acumen Academy is unique.
It’s a place where new role-models and business models are created and celebrated.
Where competence meets character, practical skills meet moral imagination and urgency meets action.
We serve a community of social innovators and builders who are willing to embrace the challenge of solving the world’s toughest problems. Acumen Academy provides the practical tools, practices and resources needed to create new solutions for an interdependent world. Ultimately, our shared ethos, our commitment to life-long accompaniment and the unleashing of human energy within our communities will serve a future for all of us.
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